AR & AP Administrator (1 Year Contract)
Position Type: Full-time/Contract
Location: North York, ON (Hybrid – 3 days on-site)
Compensation: $55,000 to $60,000/Annually + Vacation + Benefits
We are currently assisting our client, a leading IT Consulting Firm, in filling an AR & AP Administrator vacancy. Reporting to the Director of Finance, this role is responsible for day-to-day accounts receivable and payable functions.
Key Responsibilities:
- Process daily financial transactions, including verifying, classifying, computing, posting, and recording accounts receivable data.
- Prepare customer invoices and credit memos with accurate tax jurisdiction, rates, and exemption coding.
- Receive and verify payments, prepare bank deposits, and ensure compliance with financial policies and procedures.
- Reconcile accounts receivable to ensure accurate and timely posting of all payments.
- Identify and resolve client billing discrepancies, prepare customer statements, and generate detailed accounts receivable reports as needed.
- Accurately process vendor invoices for timely payment with consistent and precise coding.
- Collect and verify vendor invoices, purchase orders, and receiving documentation for proper authorization and shipment/delivery evidence.
- Record invoices with correct coding, including tax distribution, and maintain historical records.
- Reconcile vendor statements and complete month-end and year-end Accounts Payable procedures.
Requirements:
- Bachelor’s degree in finance, accounting, business administration, or a related field preferred.
- Minimum of 3 years of recent, relevant experience in accounts receivable, accounts payable, accounting, or finance.
- Proficiency in Microsoft Office, including Outlook, Word, and Excel.
- Experience with accounting systems
- Strong organizational, analytical, and problem-solving skills.
- Exceptional attention to detail and accuracy.
- Excellent verbal and written communication skills.
