Accounts Payable / Accounts Receivable (AP / AR) Specialist

Clairvest Group Inc.; Toronto; On-site; CAD 55,000 - 75,000; Full time

Job summary

A mid-market Private Equity firm in Toronto is looking for an experienced Accounts Receivable/Accounts Payable Specialist to join its Finance Team. This role involves processing invoices, managing account reconciliations, and requires strong organizational and communication skills. The ideal candidate has over three years of experience in a full-cycle AP/AR role and is proficient in Microsoft Excel. The job requires in-person attendance at the office.

Qualifications

• 3+ years of experience in a full-cycle AP/AR role.
• Ability to meet timelines with a multitasking approach.
• Experience supporting audits and preparing financial documentation.

Responsibilities

• Process invoices and employee expense reports for Accounts Payable.
• Generate and issue invoices to portfolio companies for Accounts Receivable.
• Prepare monthly bank and investment account reconciliations.
• Assist with month-end close activities and journal entries.

Skills

Multitasking

Strong verbal and written communication

Excellent organization

Attention to detail

Team-oriented

Advanced Microsoft Excel

Advanced Microsoft PowerPoint

Education

Post-secondary education in Accounting or Finance

Job description

Overview

Clairvest is a highly reputable mid-market Private Equity firm with >$4Bn of assets and ~50 employees. We are seeking a Accounts Receivable/Accounts Payable Specialist to join our Finance Team. The Finance department is a combination of a fast-paced, detail-oriented, and collaborative environment. This individual will work closely with all members of the Finance Team, specifically our Senior Corporate Accountant and Director of Finance.

Responsibilities

• Accounts Payable: Process invoices and employee expense reports; ensure timely and accurate payments via EFT, wire, or cheque; reconcile vendor statements and resolve discrepancies; maintain vendor records and ensure compliance with tax and regulatory requirements.
• Accounts Receivable: Generate and issue invoices to portfolio companies and third parties; prepare invoices to portfolio companies for advisory fees and expense recoveries; monitor receivables aging and follow up on overdue accounts; apply incoming payments and reconcile AR ledger; assist with cash flow forecasting and reporting.
• General Accounting Support: Prepare monthly bank and investment account reconciliations; monitor bank account activities and generate daily account reports; organize and manage accounting records; assist with month-end close activities including journal entries and reconciliations; maintain accurate and organized financial records; support audits and provide documentation as needed; collaborate with investment and operations teams on ad hoc financial tasks.

Qualifications

• Post-secondary education in Accounting, Finance, or related field.
• 3+ years of experience in a full-cycle AP/AR role
• Multitasker with ability to meet timelines
• Strong verbal and written communication skills
• Excellent organization skills and attention to detail
• Team-oriented; demonstrates a commitment to shared success
• Advanced skills in Microsoft PowerPoint and Microsoft Excel

Please note, our team works in person in the office at Yonge & St. Clair.