Accounts Payable Coordinator

Ontario Teachers Insurance Plan; Waterloo; Hybrid; CAD 45,000 - 60,000; Full time

Job summary

A leading company in Waterloo is seeking an Accounts Payable professional to join their team. The role involves processing payments, maintaining financial records, and collaborating with stakeholders. The position offers a hybrid work arrangement and a supportive environment focused on employee growth and well-being.

Benefits

Rewarding salary and bonuses

100% premium coverage for group benefits

Defined benefit pension plan

100% coverage of continuing education fees

Access to learning resources

Flexible work-from-home options

Opportunities for advancement

Qualifications

• Minimum one year experience in Accounts Payable.
• Advanced knowledge of Microsoft Office Suite applications.
• Ability to communicate in French is an asset.

Responsibilities

• Process daily accounts payables accurately.
• Perform monthly reconciliations of sub-ledgers.
• Identify opportunities for process efficiencies.

Skills

Attention to Detail

Time Management

Communication

Education

Post-secondary education in accounting

Tools

Microsoft Office Suite

Microsoft D365

Job description

Finance and Accounting location_on Waterloo, ON

With every job, there’s always the question of “why”. Why join a company? Why be part of their mission? Here, the why is easy. It’s because at some point, we’ve all needed someone there for us.

At the OTIP Group of Companies (OGC), we believe that something special happens when employeesfeel valued forthe work they do, supportedasthe people they are, andincluded in thevery fabric of the organization : they bringtheirbestto work every day. And that's why we mean itwhen wesay we put our people at the centreofeverything we do. Join us as we grow our way into a future that reimagines what it means to deliver meaningful benefits support and service.

Job Description

What You’ll Do :

Reporting to the Manager of Accounting, the core parts of your role will be to :

• Processdaily accounts payables timely and accurately. This includes obtaining approval from management or the business to issue payments, handling adjustments, and preparing corresponding journal entries and reports.
• Analyzediscrepancies, ensureerrors are corrected, and confirmaccuracy prior to payment.
• Gatherand analyzedata for weekly and monthly reporting.
• Developand maintainstrong relationships with internal and external stakeholders.
• Sort, deliverand mailinformation including cheques and remittance advices, and matchcheques to paid invoices for signing.
• Obtain, analyze, and enterall information into the sub-ledger schedules to prepare monthly reconciliation of receipts and disbursements.
• Performmonthly reconciliations of sub-ledgers to the general ledger.
• Securefinancial information through regular database back-ups and followinternal accounting controls to maintain financial security.
• Assistwith processing and tracking of prepaid payments, including preparing monthly journal entries, and year end documentation.
• Prepareand processelectronic funds transfer (EFT) payment files.
• Identifyopportunities for process efficiencies and implements changes.
• Performother duties within competence, as assigned.

Qualifications

Let’s Talk About You :

This is the unique blend of skills and experience we would love to see in an ideal candidate :

• A minimum of one year post-secondary education (training) including introductory accounting courses.
• A minimum of one year experience working in Accounts Payable.
• A minimum of one year experience working in an accounting department.
• Advanced knowledge of Microsoft Office Suite applications; knowledge of Microsoft D365 is considered an asset.
• Self-starter who demonstrates initiative and thrives in a fast-paced environment.
• Excellent attention to detail to ensure accurate and timely processing.
• Superior time management and organizational skills to manage competing priorities and meet tight deadlines.
• Exceptional communication skills and a demonstrated ability to deal effectively with all levels of internal and external stakeholders.
• The demonstrated ability to collect, compare and analyze all information and figures, while using creative and strategic approaches to solve complex problems and concepts.
• The ability to communicate in French is considered an asset.
• Hybrid work arrangement - 3 days in office required.

We also consider your potential. If you know you have what it takes to do the job, but your experience doesn’t exactly match the qualifications above, we encourage you to apply and provide us with more details about why you think you would be a great fit.

Additional Information

Some of the Perks We Offer :

We offer best-in-class pension and benefits, total reward programs and comprehensive mental wellness supports to set you up for every success in and outside of work. Here are just some of the reasons you’ll love working here :

• Rewarding salary and bonuses that truly value your dedication
• Industry-leading group benefits with 100% premium coverage (excluding LTD) that start on your first day
• Defined benefit pension plan for a financially confident retirement
• 100% coverage of approved continuing education and licensing fees (including RIBOcourses in Ontario)
• Access to a wealth of learning resources, including LinkedIn Learning for professional development
• Flexible work-from-home and hybrid options
• Unlock your potential with opportunities for advancement

Let’s work together! If you are interested in this opportunity, please apply online.

OTIP and its group of companies strive to create an accessible and inclusive work environment where everyone is treated with respect and dignity. Upon individual request, we will endeavor to remove any barrier to the recruitment and selection processes and provide accommodations for persons with disabilities.

As a business, we protect what matters most to our members. As an employer, we value what matters most in our workplace. Together, this includes fostering a diverse, equitable and inclusive environment for all. We are committed to learning and evolving so we can continue to celebrate what makes us special. You are who you are, and our differences are what make us unique.

We are an equal opportunity employer and encourage applications from all qualified individuals.We thank all applicants for their interest; however, only candidates selected for an interview will be contacted.

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