Who is a Senior Accounting Associate- Accounts Receivable?
What will you be doing?
- Reviews and prepares journal entries as well as general ledger account reconciliations using financial and other system reporting to ensure the accuracy of the financial statements.
- Follows up with Accounting Associate - Accounts Receivable to ensure the necessary adjustments are made when a discrepancy is identified in an account reconciliation.
- Reviews and prepares general ledger account reconciliations to ensure Receivable balances are accurate as per the subledger. Processes other journal entries that are required to complete month-end.
- Monitors and analyzes the Corporate Partner portfolio using system reports and department procedures in order to ensure the payments and balances are accurate and current and to maximize cash flow.
- Provides payment verification reporting to ensure the accuracy of the cash receipts and applied payments to Corporate Partner accounts.
- Allocates and journalizes monthly revenue based on cash receipts that were collected within the period.
- Prepares Corporate Member Allowances to ensure the allowance is compliant with department accounting policies.
- Prepares monthly past due notifications and emails to Corporate Partners who have account balances in arrears.
- Escalates outstanding invoices to the Corporate Team to ensure collection and accuracy of the Receivable balance.
- Coordinates with affiliated companies to receive monthly financial reporting and transfer compiled information into the accounting system for accurate and audit-compliant consolidated financial statements.
- Compiles and processes financial information into journal entry postings.
- Prepares related party general ledger account reconciliations.
- Follows up on general ledger reconciliations variances to clear the discrepancies.
- Provides training in the Accounts Receivable Department using the provided tools and resources to ensure the successful execution of all key responsibilities and tasks within the department are compliant with accounting policies.
- Assists Accounting Manager -- Accounts Receivable in the preparation and creation of annual working papers by providing supporting documentation in order to complete the financial statements.
Do you have what it takes?
- Post-secondary accounting diploma or degree or equivalent work experience.
- 2 years' experience in accounting.
- Strong knowledge of computers, Microsoft Office, particularly efficient in Excel.
What's in it for you?
- Ongoing training \& development to ensure a long \& successful career path.
- Career advancement opportunities.
- Competitive Total Rewards Package.
- FREE Performance Fitness membership.
- Fun \& energetic atmosphere to come to every day!
