Accounting Payable Associate

Cosmetica; Toronto; On-site; CAD 50,000 - 70,000; Full time

Job summary

A leading cosmetic company in Toronto seeks an experienced Accounting Associate to manage invoice processing and financial reporting. The ideal candidate will have at least 3 years in accounting, preferably within Accounts Payable, and is encouraged to pursue an accounting designation. They offer competitive pay, health benefits, and a gym membership discount.

Benefits

Competitive pay

Health Care, Dental & Vision

Employee Assistance Program (EAP)

Gym Membership at discounted price

Qualifications

• 3+ years of accounting experience, ideally within Accounts Payable.
• Committed to quality, safety, and communication.
• Self-directed and team-oriented.

Responsibilities

• Process all Inventory and non-inventory invoices.
• Verify transactions for compliance with company procedures.
• Reconciliation of aged payables at month end.

Skills

Accounting experience

ERP systems

MS Office – Excel and Word

Analytical skills

Problem-solving skills

Education

Postsecondary education in Business or Accounting

Accounting designation (CPA, CA, CMA, CGA)

Job description

1960 Eglinton Ave E, Scarborough, ON M1L 4R1, Canada

Job Description

Posted Friday, February 17, 2023 at 5:00 AM

Cosmetica is recognized for innovation, excellence, and commercialization with award-winning products. From concept to creation, we offer an unparalleled array of services that will inspire, create and deliver every step of the way. We value and recognize talent and want you to help us create beauty in the world!

At Cosmetica, we implement the highest standards of quality across every stage of production. We maintain a robust set of quality assurance certifications, including ISO certification and licenses with the FDA and Health Canada. Join Cosmetica and help us shape the future of quality in the industry!

What are we looking for:

Reporting to the Manager Compliance & Financial Reporting, the Accounting Associate is responsible to process all invoices in a timely manner as well as to ensure that all invoices are properly approved and accurately recorded to the appropriate GL accounts.

What will you be doing:

• Processing of all Inventory and non-inventory invoices, including matching backup and filing backup doc.
• Verify that transactions are in alignment with company procedures.
• Coding of Invoices – ensures appropriate GL codes are used.
• Review of PO accrual account – investigate and clear old items, clear zero value customer owned receivers.
• Analysis of vendor prepayments at month end and reallocate to prepaid.
• Weekly cheque run /wire transfer processing for Canadian and US vendors- ensuring that only authorized purchases for goods/services received are paid and on-time.
• Reconciliation of aged payables at month end to GL
• Analyze all accounts on a monthly, quarterly, and annual basis to ensure payment accuracy.
• Work collaboratively with various departments to perform accounting audits.
• Assisting with audit support as necessary.

What makes you a "glittering" candidate:

• Postsecondary education, preferably in Business or Accounting and/or equivalent working experience
• Minimum 3+ years of accounting experience, ideally within Accounts Payable function
• Experience with ERP systems
• Proficient in MS Office – Excel and Word
• Team oriented and self-directed.
• Committed to quality, safety and communication.
• Good trouble shooting and analytical skills.
• Excellent problem-solving skills
• Ability & willingness to learn.
• Preferably working towards an accounting designation (CPA) or completed (CA, CMA, CGA, CPA)

Physical Job Requirements:

• Flexible for Overtime

What we Offer:

• Competitive pay, Group Benefits including Health Care, Dental & Vision
• Employee Assistance Program (EAP)
• Gym Membership at discounted price.

Cosmetica Laboratories Inc. is an equal opportunity employer and committed to creating and sustaining an inclusive environment in which all individuals are treated with dignity, respect and one which reflects the diversity of the community in which we operate. Accommodations are available for applicants and employees with disabilities throughout the recruitment process. If you require accommodations for interviews or other meetings, please advise when submitting your application.

1960 Eglinton Ave E, Scarborough, ON M1L 4R1, Canada