Overview
Accounts Receivable Coordinator Jobs in Richmond Hill, Canada at Vaco by Highspring
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Senior Associate, Recruitment Services at Vaco
Overview
Responsibilities
- Monitor accounts to identify outstanding balances and follow up on overdue payments
- Reconcile customer accounts and promptly resolve discrepancies
- Process and apply incoming payments accurately to customer accounts
- Maintain precise records of all accounts receivable transactions
- Prepare regular accounts receivable aging reports and escalate issues when necessary
- Build strong working relationships with Sales and operations teams, as well as the accounting and finance team to understand the deduction programs and their accounting impacts
- Compile, review, and reconcile trade spend deductions from customer remittances (e.g. discounts, promotion spend, admin fees etc.)
- Understand the pricing model and structure and how to relate that to AR outstanding balance
- Obtain backup from customers portals for all deductions
- Analyse and verify customers debit claims
- Prepare Balance Sheet reconciliation of the AR related accounts
- Work with customers to dispute and obtain repayment for invalid claims
- Liaise with the revenue team to ensure deductions are legitimate
- Prepare and post deduction journal entry adjustments, as required
- Ensure compliance to deduction and rebate programs and monitor for risks and opportunities
- Create and manage deduction reports by customer on aged deductions, and other trade spends
- Responsible for monthly balance sheet reconciliations as outlined by Accounting Manager
Qualifications
- Experience in Accounts Receivable including: cash application, reconciliation of customer accounts, resolving discrepancies, and preparing AR aging reports
- Advanced Excel (pivot tables, VLOOKUPs, Index measures, IF formula)
- Strong assets include: experience with Business Central and/or Microsoft Dynamics, experience with rebates and/or deductions, and experience performing collections from big box stores such as:
Loblaws, Costco, Walmart etc.
Seniority level
Employment type
Job function
- Industries:
Accounting
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Title: Accounts Receivable Coordinator
Company: Vaco by Highspring
Location: Richmond Hill, Canada
Category:
