Accounts Receivable Analyst

Sofina Foods Inc.; Brampton; Hybrid; CAD 33,000 - 66,000; Full time

Job summary

Sofina Foods Inc. is seeking an Accounts Receivable Analyst in Brampton, Ontario to manage daily cash receipts and customer deductions.

You will work with Sales and Customer Service to resolve outstanding balances and ensure accurate postings across AS400 systems and GL reconciliations. The role requires 3 years of full-cycle AR experience in a food manufacturing or CPG setting, with strong Excel (VLOOKUP, Pivot) and EDI familiarity.

Qualifications

• Post-secondary education in Business or related field.
• 3 years’ experience in full-cycle Accounts Receivable/Collections.
• Experience in food manufacturing or CPG industry is an asset.
• Experience with retail customer deductions, trade spend and rebates.
• Knowledge of EDI and customer portals; understand month-end close activities.
• Proficient in Microsoft Outlook.
• Intermediate Excel skills (VLOOKUP, Pivot).
• 5 days, on-site role.

Responsibilities

• Manage daily cash application and debit notes for key accounts.
• Investigate shortages, damages, returns from customers.
• Approve credit notes promptly.
• Maintain reconciliations and posting in AR processes.
• Generate and send customer statements.
• Collaborate with Sales and Customer Service to resolve issues.
• Review aging and contact customers on past-due accounts.
• Balance AR (AS400) to GL weekly; clear journals.
• Support Trade Spend with clearing fixed rebate deductions.
• Continuous improvement of AR processes.
• Provide AR team back-up and vacation coverage.
• Administrative duties including filing.

Skills

Accounts Receivable

Collections

Excel (Pivot/VLOOKUP)

Outlook

AS400

EDI

Education

Post-secondary education in Business

Tools

AS400

Job description

Position Summary:

Reporting to the Manager, Accounts Receivable, the Accounts Receivable Analyst is responsible for the daily administration of cash receipts and debit notes and reconciling customer accounts. This role will effectively deal with customers to resolve outstanding deduction and interact closely with the sales team and customer service to support and investigate issues pertaining to outstanding accounts.

Key Accountabilities

• Accountable for key accounts, daily cash application, obtaining copies of debit notes and supporting back up. (Required for the purpose of allocation verification, investigating, processing and approvals)
• Investigate shortage/damage/return claims, etc. from customers in a timely manner.
• Responsible for approving credit notes in a timely manner.
• Responsible for management of accounting transaction in support of the receivables process including establishing and maintaining account reconciliations
• Generate and send out customer statements as required.
• Manages the collection activities by collaborating with various team members such as Sales and Customer Service to eliminate all obstacles.
• Review weekly aging report to address accounts past due. Contact customers regarding past due accounts.
• Identify causes for nonpayment and communicate problems for corrective action to be taken.
• Responsible for balancing the AR (AS400) to the GL on a weekly basis and clearing the journals in the AS400 (for Brampton, London and Janes).
• Assist Trade Spend team with clearing of fixed rebate deductions.
• Continuously work to improve A/R processes through technology or quality improvements.
• Performs administrative duties as required including maintenance of filing system
• Back-up and Vacation coverage for the AR team

Requirements

• Post-secondary education in Business or a related field.
• 3 years’ experience in full-cycle Accounts Receivable/Collections
• Experience in food manufacturing or CPG industry is an asset.
• Experience with retail customer deductions, trade spend and rebates
• Knowledge of EDI and customer portals, understand month-end close activities
• Computer proficiency in Microsoft Outlook.
• Intermediate excel skills (v-lookup, pivot)
• 5 days, on-site role

Hiring Range:

• Hiring Range: CAD $52,438 - $62,220
• Bonus: This position is eligible for a bonus up to 5% of base salary subject to the plan terms and conditions.
• Please note that the expected hiring range provided is derived from a group of like roles within Sofina. The final offer amount for this role will be dependent on geographical region, applicable experience, skillset of the candidate and internal equity.

This position is currently an active vacancy.