Accounts Receivable Specialist - Scarborough (Onsite Role)
$70,000 -$80,000 + annual discretionary bonus + 3 weeks’ vacation + benefits + onsite parking
Duties & Responsibilities
- Initiate collection efforts by communicating with customers via phone, email or regular mail
- Maintain detailed customer/collections activity notes for follow up purposes
- Investigate and resolve customer inquiries with confidentiality and in a timely manner
- Receive customer payments and prepare bank deposits daily and deposit to bank, as required
- Post deposits to accounting system
- Process customer Visa payment transactions and send approval confirmations to customers
- Print and distribute customer statements as required
- Communicate daily with Billing Administrators, Controller, Project Managers on collection issues/progress
- Submit requests for customer/vendor credit checks to credit bureau
- Submit and/or complete requests for new customer set up
- Complete customer direct deposit forms and send back to customers as needed
- Prepare weekly/monthly/quarterly reports as required
- On occasion go to bank for deposits
- Lead biweekly or monthly A/R review calls with operational groups for problem accounts
- Other duties as required
WORK EXPERIENCE REQUIREMENTS
- 5+ years of Accounts Receivable / Collections in a B2B environment
Proficient knowledge and understanding of:
- Financial statements – read and comprehend
- Established accounting practices, procedures and techniques
- Experience dealing with prompt payment legislation and construction liens is an asset
- Organization and time management
- JD Edwards or an Oracle-based ERP system