Accounts Receivable Analyst

Sofina Foods Canada; Brampton; On-site; CAD 53,000 - 62,000; Full time

Job summary

Sofina Foods Inc. in Brampton is seeking an Accounts Receivable Analyst to manage daily cash receipts, debit notes and reconcile customer accounts, working closely with sales and customer service to resolve outstanding balances.

You will review aging, approve credit notes, support trade spend deductions, and help improve AR processes through technology. This on-site role requires 3 years of AR experience, strong Excel skills and familiarity with EDI.

Qualifications

• 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

Responsibilities

• Accountable for key accounts, daily cash application, obtaining copies of debit notes and supporting back up.
• 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

Skills

Full-cycle AR

Excel (VLOOKUP, Pivot)

EDI / Customer Portals

Outlook

Team collaboration

Education

Business or related field

Tools

AS400

ERP systems

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.

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.

Sofina Foods Inc. is committed to providing accessible employment practices that are in compliance with the Accessibility for Ontarians with Disabilities Act (‘AODA’). Applicants are asked to make their needs/requirements, for the purpose of accommodation under AODA, known to Human Resources when they are contacted for an interview.