Accounts Receivable Specialist
Permanent On-site | Brampton, ON
Description
- Create and send accurate and timely invoices to customers with essential payment details, including due dates and itemized charges.
- Receive and process customer payments using various methods (e.g., cheques, credit cards, electronic transfers), accurately applying payments to customer accounts.
- Reconcile customer accounts to ensure that payments match outstanding balances, investigating, and resolving discrepancies or billing errors.
- Follow up with customers holding overdue invoices, sending reminders or collection notices as needed to encourage prompt payment.
- Address customer inquiries and concerns regarding accounts, invoices, or payment history professionally, providing assistance and clarification.
- Generate and review accounts receivable aging reports regularly to track outstanding invoices and prioritize collections efforts, reporting past due accounts to management.
- Assess the creditworthiness of new and existing customers, determining suitable credit limits and terms, and making credit adjustment recommendations or approvals.
- Maintain meticulous and organized records of all accounts receivable transactions, including invoices, payments, and correspondence.
- Maintaining internal SOX controls to ensure compliance.
- Assist with account analysis and Journal Entries such as bad debt analysis.
- Work with SPAC Tooling Team closely with respect to Project costs.
- Work closely with the acct rec/acct pay Coordinator.
- Process Credits and Debits to customers.
- Process transactions in multiple company ERP system.
- Ability to identify payment trends and potential risks.
- Any other duties assigned.
Qualifications
- Minimum 2 years of previous and related experience in Collections.
- Post-secondary diploma or degree in Accounting.
- Exceptional organizational and time management skills.
- Ability to meet deadlines and manage multiple tasks simultaneously.
- Experience in a global multi-currency is considered an asset.
- Sense of urgency and can provide prompt and professional customer service.
- Proficiency in MS Office.
Apply Today
"*" indicates required fields
