Accounts Payable Specialist

Socket.dev; Mississauga; On-site; CAD 55,000 - 63,000; Full time

Benefits offered by this job

Comprehensive benefits

Stable, year-round work

Job summary

Socket.dev in Mississauga seeks an Accounts Payable Specialist to manage day-to-day payables, including entering and paying invoices, processing vendor credit notes, and performing monthly invoice-to-statement reconciliations.

The role demands strong analytical skills, meticulous data entry, and experience with high-volume invoicing in a tire shop or automotive parts environment. 40 hours/week, day shift, on-site position.

Qualifications

• 2+ years of Accounts Payable or full-cycle accounting experience.
• Experience in high-volume tire shop, emergency roadside service provider, automotive center, or parts distributorship is a big plus.

Responsibilities

• Entering, coding, and processing payments for high-volume inventory, part vendor, and overhead invoices.
• Performing 3-way matching across purchase orders, proof of delivery receipts, and vendor invoices.
• Processing, tracking, and applying vendor credit notes to balance open payables.
• Carrying out monthly invoice-to-statement reconciliations for major tire manufacturers and distributors.
• Preparing and reviewing monthly financial reporting for service brokers.
• Investigating and resolving vendor invoice or payment issues with vendors and internal staff.

Skills

Accounts Payable

3-Way Matching

Data Entry

Vendor Credit Notes

Financial Reporting

Tools

Excel

Tire Shop POS Software

Job description

Position Overview

As our Accounts Payable Specialist, you will manage day-to-day accounts payable functions. On a daily level, you will be responsible forentering and paying invoices,processing vendor credit notes, and performing thoroughmonthly invoice-to-statement reconciliations. This role requires exceptional analytical skills, a deep understanding of standard accounting credits, and the ability to spot variances in a fast-moving environment.

Working Conditions & Schedule

• Environment:Professional, bustling commercial office environment.
• Hours:40 hours per week.
• Shift:Day shift.
• Days:Monday to Friday.

Key Responsibilities

• Invoicing & Payments:Enter, code, and process payments for high-volume inventory, part vendor, and overhead invoices accurately and efficiently.
• 3-Way Matching:Perform rigorous 3-way matching across purchase orders, proof of delivery receipts, and vendor invoices to ensure line-item data perfectly aligns with final payment amounts.
• Vendor Credit Notes:Process, track, and apply vendor credit notes to ensure accurate balances across all accounts and offset open payables appropriately.
• Statement Reconciliation:Perform comprehensive monthly invoice-to-statement reconciliations for major tire manufacturers and parts distributors to identify discrepancies, short-pays, or missing credits.
• Broker & Service Labor Reporting:Prepare and review monthly financial reporting for our service brokers to ensure they are accurately compensated for the service labor they perform on our behalf.
• Issue Resolution:Work directly with vendors and internal Scotia Tire and Alignment Services Ltd. staff to investigate and efficiently resolve vendor invoice or payment issues.

Qualifications & Skills

• Experience:2+ years of Accounts Payable or full-cycle accounting experience. Experience in ahigh-volume tire shop, emergency roadside service provider, automotive center, or parts distributorshipis a massive plus.
• Matching & Reconciliation Skills:Proven experience with 3-way matching protocols and tracing credit trails across vendor accounts.
• Financial Reporting:Strong capability to pull and verify monthly data for external partner or contractor payouts.
• Mathematical Accuracy:Exceptional data entry skills with an ability to trace pennies across high-dollar, multi-line vendor statements.
• Software Skills:Proficiency in Excel and accounting or specialized tire shop point-of-sale software.
• Resilience:Comfortable managing a high volume of transactions in a bustling, commercial office environment.

What We Offer

• Competitive salary of$55,000 - $62,500per year.
• Comprehensive benefits package (Medical, Dental, Vision).
• Stable, year-round work with a successful, growing local team.