Financial Services Associate - Grimsby, Canada - Payroll Funding Canada Corp.

Payroll Funding Canada Corp.

Verified Company

Grimsby, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Payroll Funding Canada Corp.

is the process and funding backbone for staffing businesses in need of payroll processing, funding, human resources assistance and financial stability to sustain their growth.

Our mission is to help staffing companies grow through payroll funding, processing solutions, strategic support, and technology partnerships. Payroll Funding Canada Corp. securely administers the "behind the scenes" aspect of staffing businesses while providing cashflow to grow.

This position is a mat-leave coverage, with the opportunity to lead to full-time

Responsibilities:

Client Reports:

Serve as a primary contact for client financing reports
Ability to interpret and discuss analytical financial data and reports
Complete accurate weekly reports, distribute to clients in a timely manner
Responsible for credit analysis, approving credits for new customers

Funding:

Create funding templates in bank account for clients based on their banking information provided
Enter total amount for funding for each client weekly into bank account based on internal reporting
Communicate with Client Services Manager, ensuring funds are approved in a timely manner

Data Entry:

Enter all new invoices for funding accurately into factoring software
Ensure clients invoices, timesheets, and back up documentation are accurate on a weekly funding basis
Enter funding amount accurately on internal report

Accounts Receivable:

Complete accounts receivables, ensuring invoices are closed in a timely manner
Identify collection concerns and reconciliation issues that require escalation
Resolve any issues on delinquent payments
Post payments into factoring software
Enter rebate amount, and accounts receivable amount accurately on internal report
Ensure calculation in rebate, and earned reserve activity is accurate on internal report

Client Onboarding

Serve as the main point of contact for implementation onboarding new clients
Create and distribute Master Funding Agreement, and/or Master Services Agreement
Complete PPSA Search, and PPSA Registration files
Complete personal, and company Credit Reports from CreditSafe & Equifax
Accurately research collection histories of new clients
Maintain electronic client records/files with accuracy and confidentiality
Understand and retain funding eligibility/ procedure requirements
Set up new clients within systems, and communicate with Business Service Manager to analyze risk
Comply with risk policies and procedures
Educate new clients on funding procedure, ensuring documentation is accurate on a weekly basis

Client Services:

Maintain, and build client relationships
Work effectively with other team members and clients as required to resolve outstanding issues

Qualifications:

Diploma or Degree in Accounting, Finance, or equivalent
Clean Criminal Record Check & Credit Check
Minimum 2 years' experience in a finance/accounting role or equivalent
Strong analytical and attention to detail
Strong credit underwriting skills
Oral and written communication skills
Must thrive in a fast paced, high demand environment while managing multiple obligations/tasks
Knowledge of commonly used concepts, practices, and procedures in the financial field
Exceptional overall computer skills and prioritizing abilities
Customer service and responsiveness is a critical aspect in the role
Strong sense of urgency, combined with strong communication skillset
Business management skills
Experience in a Factoring software an asset
Basic understanding or experience in the factoring/funding industry an asset