Accounts Receivable Specialist – Recruiting in Motion

Title of the Job: Accounts Receivable Specialist

Location: Toronto, ON

Job Description: Our global Tier 1 client is looking for a skilled Accounts Receivable Specialist for a 6-month hybrid contract. The ideal candidate will bring strong expertise in cash application and reconciliations, along with a collaborative approach that will enable them to make an immediate impact. There is potential for this role to transition into a full-time, permanent position upon successful completion of the contract.Job Responsibilities:

• Secure revenue by verifying and posting receipts, and resolving discrepancies.
• Record customer payments (cash, checks, credit card transactions) and lockbox deposits.
• Maintain records by copying and filing invoices, debits, and credits.
• Investigate and resolve account discrepancies with sales, trade promotions, customer service, and customers.
• Handle valid/invalid deductions through adjusting entries or following deduction procedures.
• Manage collections by reviewing payment plans, payment history, and credit lines.
• Review and resolve customer account discrepancies and outstanding balances.
• Contact customers to address account issues and update management on status.
• Collaborate with teams to improve payment processes and reduce outstanding balances.
• Ensure compliance with company policies related to account balances and deductions.
• Review customer payment deductions and address issues with the relevant department.
• Record and resolve all payment deductions, collaborating to improve deduction processes.
• Ensure SOX compliance, execute controls, and assist with remediation plans as necessary.

Qualifications:

• Strong systems, network management, and data reporting experience.
• Problem-solving, negotiation, and leadership skills.
• Ability to manage conflicting priorities and meet tight deadlines.
• Excellent organizational, communication, and interpersonal skills.
• Relevant education in Business, Accounting, or Finance, or equivalent experience.

Company Name: Recruiting in Motion

Salary: $55000 per year

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