JOB SUMMARY

The Supervisor, Accounts Receivable is responsible for the day-to-day operations and accounting of the Accounts Receivable department while laisse and meet with clients to review the account status and provide any account escalation guidance. This role has component of managing both order to cash clients service offering for multiple clients and managing corporate accounts receivable for corporate head-office

DUTIES

Supervise, train and mentor a team of 8 – 9 accounts receivable team members, maximizing individual strengths and striving for excellence in customer service and accounting
Large component of the role is managing an Order-to-Cash (O2C) service offering for multiple clients with large volume of transactions. The AR Supervisor will be expected to:
Assist in defining appropriate service level agreements/SOP’s with O2C clients
Provide monthly O2C Key performance indicator reporting for clients as defined in the Servile Level Agreement and Standard Operating procedures
Laisse and meet with clients on an as required basis to review account status and provide any account escalation guidance
Interview, hire, train and promote individual team members in the team
Complete monthly, quarterly, annual performance and salary reviews including setting objectives and measurement of key performance indicators
Coordinate, assign and review the daily work of team members
Set priorities for the team and coordinate resources to ensure timely processing to meet accounting deadlines, internal controls and documentation of standard operating procedures
Identify, lead, manage projects and initiatives directed towards improved processes
Ensure efficient and smooth execution of accounts receivable processes including correct cash applications, billing calculations, treatment of deductions, returns, discount transactions, posting of payments and invoices, invoicing and entries, and collections in line with companies’ policy and Generally Accepted Accounting Standards
Monitor outstanding receivables and ensure that collection is within terms and conditions of sale as determined by the companies’ policies
Proactively investigate and resolve accounts receivable related issues independently and in collaboration with other departments such as customer care, contract management, finance, operational departments, etc.,
Ensure that all accounts receivable sub-ledger including sub-accounts are reconciled to the general ledger including calculation of days sales outstanding
Perform the monthly and yearly task of opening and closing the accounts receivable sub-ledger
Prepare, review and analyze monthly financial reports (cash forecasts, days sales outstanding, allowance for doubtful accounts, any other ad-hoc reports as required)
Ensure appropriate authorizations are compliant with internal controls and policies.
Ensure that procedures are within Companies’ and accounting standard compliance guidelines.
Provide accounts receivable requirements to the external auditors
Other projects, and tasks as assigned within the finance department

CORE COMPETENCIES

Strong leadership competency
Excellent planning and attention to detail.
High level of accuracy
Strong problem solving and decision making skills.
Able to build and manage relationships within team and across functional departments
Able to read, write and understand English
Above average attention to detail
Exemplary interpersonal, customer service and communication skills

Location: Vaughan, ON (highway 7 & 27)

Shift Timing: Monday - Friday 9:00am - 5:00pm

Job Type: Permanent

Please note this is an on-site position.

ACCURISTIX believes in a diverse and accommodating workplace. Accuristix encourages and promotes applications from all qualified individuals, regardless of gender, age, race, ethnicity, disability or otherwise. ACCURISTIX is committed to providing full accommodation for persons with disabilities in all active processes and procedures including but not limited to the recruitment process. To request any accommodation, you may require to participate in the recruitment process (including alternative formats of materials or accessible meeting rooms) contact the main recruiting contact for the position to discuss your needs.

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Accounts Receivable Supervisor