Accounting Associate - Accounts Payable and Accounts Receivable

Scholar's Choice; London; On-site; CAD 41,000 - 50,000; Full time

Job summary

Scholar's Choice in London, ON is seeking an Accounting Associate for Accounts Payable and Accounts Receivable. This full-time, on-site role handles vendor invoices, payments, and AR activities, supports month-end close, and prepares financial reports.

You will collaborate with internal teams and external partners to resolve discrepancies and maintain accurate records. The position requires attention to detail, strong analytical skills, and knowledge of Netsuite.

Qualifications

• Experience in preparing and reviewing financial statements and schedules.
• Ability to create and post journal entries for AP/AR activities.
• Strong analytical skills to interpret financial data and variances.
• Knowledge of finance principles and accounting practices in retail or similar.
• Experience using Netsuite Accounting Software.
• Post-secondary education in Accounting/Finance or equivalent.
• Attention to detail and ability to manage multiple priorities.
• Effective communication and collaboration in an on-site team.

Responsibilities

• Process vendor invoices and prepare payments for approval.
• Reconcile accounts payable records and maintain accuracy.
• Generate customer invoices, apply payments, and manage collections.
• Maintain accounts receivable ledgers and AR aging.
• Assist with month-end close and financial reporting.
• Collaborate with internal departments and external partners to resolve discrepancies.

Skills

Financial statement preparation

Journal entries

Analytical skills

Finance principles

Netsuite

Education/experience equivalent

Attention to detail

Communication

Education

Post-secondary education in Accounting/Finance

Tools

Netsuite Accounting Software

Job description

Company Description

Scholar's Choice is one of Canada's largest distributor of educational toys and teaching materials for parents, educators, schools, and childcare centers across Canada. Since 1939, the company has supported early childhood learning through its website, direct mail catalogues, and retail stores. Guided by a vision to help every child love learning and achieve their hopes and dreams, Scholar's Choice emphasizes the importance of education in the early years. The organization encourages active, play-based learning to reduce screen time and foster development. Its culture is rooted in core values of commitment to excellence, respect, integrity, passion, and humility.

Role Description

The Accounting Associate - Accounts Payable and Accounts Receivable is a full-time, on-site role based in London, ON. This role is responsible for processing vendor invoices, preparing payments, and reconciling accounts payable records. It also includes generating customer invoices, applying payments, managing collections activities, and maintaining accurate accounts receivable ledgers. The Accounting Associate will assist with month-end close activities, support the preparation of financial reports, and ensure compliance with company policies and accounting standards. The role involves collaborating with internal departments and external partners to resolve discrepancies and maintain accurate financial records.

Qualifications

• Proficiency in preparing and reviewing Financial Statements and supporting schedules.
• Ability to create and post Journal Entries (Accounting) accurately for accounts payable and receivable activities.
• Strong Analytical Skills to interpret financial data, identify variances, and support decision-making.
• Knowledge of Finance principles and accounting practices relevant to retail or similar industries.
• Experience using Netsuite Accounting Software.
• Post-secondary education in Accounting, Finance, or a related field, or equivalent experience.
• Attention to detail, strong organizational skills, and the ability to manage multiple priorities.
• Effective communication skills and the ability to work collaboratively in an on-site team environment.

Salary will be based on experience and the range begins at $45,000