Accounts Payable Coordinator (12 Month Contract)

Liberty Mutual Canada; Toronto; Hybrid; CAD 50,000 - 70,000; Full time

Job summary

A leading insurance provider is seeking a Senior Accounts Payable Coordinator in Toronto to manage accounts payable processes and provide financial analysis. This role requires a Bachelor's degree in Finance or Accounting and strong proficiency in Excel. The ideal candidate will also demonstrate effective problem-solving skills and the ability to communicate clearly. Join a team that values diversity and supports a flexible work environment.

Benefits

Flexible work environment

Competitive health & dental benefits

Competitive time off policy

Qualifications

• 2 years of experience in financial or accounts payable roles preferred.
• Basic understanding of accounting principles is required.
• Strong proficiency with Excel and department systems applications.

Responsibilities

• Post invoices and payments accurately to the system.
• Review employee expense accounts for completeness and accuracy.
• Provide analysis and present findings to the Manager.

Skills

Communication skills

Problem-solving

Proficiency in Excel

Education

Bachelor's degree in Finance or Accounting

2 years of accounts payable experience

Tools

SAP

Job description

Department: Finance

Location: Toronto

Reports To: Manager, Finance Operations

Company Overview:

Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 300 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Edmonton, Toronto, Montreal and Halifax.

At Liberty Mutual Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. At Liberty Mutual Canada, our values are to foster a high-performing, equitable and inclusive culture where the best talent of all backgrounds can bring their whole selves to work and succeed.

If you are unsure whether or not your experience matches every requirement below, we encourage you to apply anyway. We are looking for varied and diverse perspectives and experiences that we can add to our team!

Our core values guide all of our decision-making and come to life through our benefits and employee programs. We offer:

- A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance.

- Competitive health & dental benefits plan

- Competitive time off policy

- Employee & Family Assistance Programs

- An opportunity to get involved and become a member of one of our national employee committees – social responsibility, employee engagement, diversity, equity & inclusion.

The Opportunity

We are looking for an autonomous, detail-oriented Senior Accounts Payable Coordinator in the Toronto office. Reporting to the Manager, Finance Operations, you will be responsible for participating in the development and production of standard and ad hoc analysis and reporting of financial and operational processes. The successful candidate requires broad knowledge of Accounts Payable processes and proven decision making skills. As the sole individual responsible for Accounts Payable, you will provide analysis of results, inconsistencies and presents findings and recommended solutions to the Manager, Finance Operations.

Duties and Responsibilities

• Posts invoices and payments to Accounts Payable system in a timely and accurate manner ensuring expenses are charged to proper departments and accounts. Responds to all vendor inquiries
• Reviews expense accounts and reimbursements filed by employees on Concur to ensure completeness, accuracy and proper approval.
• Prints claims cheques and coordinates with the Claims department regarding supporting documentation attached to claims cheques; returns canceled cheques and stop payment requests.
• Processes EFT and Wire Payments for Claims, Vendors and as requested.
• Proactively recommends and presents process improvements to Manager, Finance Operations for review and implementation
• Audit/Sox provides documentation and explanations as requested by auditors.
• Under minimal guidance prepares standardized and ad hoc reports with accuracy and in an efficient manner.
• Participates in month end closing for Accounts Payable including, expense coding analysis and prepares expense analysis
• Supports financial reconciliation including data management (i.e. gathering and inputting of data), analysis and reporting.
• Follows risk management and quality compliance processes to include quality control compliance (i.e. OFAC, attestation). Follows safeguards to protect company assets and ensures compliance with Corporate and Company procedures. Participates in quarterly attestation testing to validate Treasury Operational controls.
• Identifies, develops and maintains efficient, cost effective, processes, controls and data management.
• Provides excellent customer service to all stakeholders.
• Actively participates in department and/or cross-functional projects/special projects of moderate to complex scope, and performs other financial duties as assigned by the Treasurer, AVP/Controller or CFO.

Skills & Qualifications

• Bachelor's degree (Finance or Accounting preferred) or equivalent experience or a minimum of 2 years of financial or accounts payable related experience is preferred.
• Basic understanding of accounting knowledge/skills is required.
• Demonstrated written and verbal communication skills and decision-making abilities.
• Ability to identify and resolve issues, present information in a clear manner and coach other team members.
• Strong proficiency with Excel and departmental systems applications.
• Knowledge of SAP would be considered an asset.

Liberty Mutual Canada is committed to fostering an inclusive, accessible environment where all employees feel valued and supported. We are committed to building a workforce that is representative of the communities we operate in and serve. If you require an accommodation for the recruitment/interview process due to a disability (which may be invisible or visible, temporary, or permanent), please let us know and we will work with you to meet your needs.