Accounts Receivable Analyst

RI-MUHC | Research Institute of the MUHC | #rimuhc; Montreal; Hybrid; CAD 46,000 - 84,000; Full time

Benefits offered by this job

4-week vacation

12 paid days

13 paid holidays

Group insurance

Telemedicine

Pension plan

Professional development

Employee Assistance Program

Job summary

RI-MUHC | Research Institute of the MUHC in Montreal, QC is seeking an Accounts Receivable Analyst to join the Finance team. The role focuses on end-to-end receivables operations, including cash application, AR monitoring, collections, reconciliations and discrepancy resolution.

You will work with internal teams and external partners across multiple revenue streams like research grants and contracts, ensuring timely payment processing and follow-up on outstanding balances.

Qualifications

• Advanced knowledge of French and English required.
• Advanced Excel skills and strong analytical capabilities.
• Attention to detail and accuracy.

Responsibilities

• Apply incoming payments to the correct accounts and invoices.
• Code cash according to funding sources.
• Investigate misapplied or unidentified payments and resolve discrepancies.
• Prepare correcting journal entries when required.
• Maintain organized records for audits and traceability.
• Monitor aged receivables and follow up on outstanding balances.
• Prepare aged AR reports and ad hoc analyses for Finance and management.

Skills

French

English

Education

Bachelor’s degree in Accounting/Finance/Business Administration

Tools

Excel

Job description

Do you want to work for a world-renowned research institute that pushes the boundaries of biomedical science and health research? Right here in Montreal! At the Research Institute of the McGill University Health Centre (RI-MUHC), you can be part of an organization focused on scientific discovery and innovation in patient-centered medicine. Join us today and make a difference!

Job Description

RESEARCH INSTITUTE OF THE MUHC

The Research Institute of the McGill University Health Centre (RI-MUHC) is a world-renowned biomedical and hospital research centre. Located in Montreal, Quebec, the Institute is the research arm of the McGill University Health Centre (MUHC) affiliated with the Faculty of Medicine at McGill University. The RI-MUHC is supported in part by the Fonds de recherche du Québec - Santé (FRQS).

Position Summary

We are looking for an Accounts Receivable Analyst to join our Finance team and support the organization’s end-to-end receivables operations.

The incumbent will be responsible for cash application, accounts receivable monitoring, collections, reconciliations, and the investigation and resolution of discrepancies. You will work closely with internal teams and external partners to ensure accurate and timely payment processing and effective follow-up on outstanding receivables.

The role supports multiple revenue streams, including research grants, contracts, and administrative and operational revenues, within a diverse financial environment

General Duties

• Apply incoming payments (cheques, wire transfers, electronic payments) accurately to the appropriate accounts and invoices,
• Code incoming cash according to established accounting structures and funding sources,
• Investigate and resolve unidentified, partially applied, or misapplied payments,
• Resolve overpayments, underpayments, and system-generated discrepancies (e.g., negative balances or commitments),
• Prepare and process correcting journal entries when required,
• Maintain organized electronic records to ensure audit readiness and traceability,
• Interpret and apply internal financial policies and funding-specific rules to cash application activities,
• Create and maintain accounts receivable entries for invoices issued by Finance,
• Process invoice adjustments, cancellations, and corrections as required,
• Ensure invoices and receivable records are accurate, complete, and properly documented,
• Support revenue tracking and reconciliation activities,
• Monitor aged accounts receivable and proactively follow up on outstanding balances,
• Communicate with internal stakeholders and external payers to resolve overdue items,
• Escalate high-risk or potentially uncollectible balances to management with supporting analysis,
• Prepare aged AR reports and ad hoc analyses for Finance and management,
• Support external reporting requirements related to funds received,
• Provide clear explanations and guidance related to payment status, discrepancies, and required documentation,
• Collaborate with internal teams to resolve complex or sensitive receivable issues,
• Assist with internal and external audits by providing documentation and transaction explanations,
• Participate in special finance projects as assigned.

Education / Experience

Education: Bachelor’s degree

Field of study: Accounting, Finance, Business Administration, or a related field.

Work experience: Minimum 3 years of experience in accounts receivable, finance operations, or accounting-related roles

Required Skills

• Advanced knowledge of oral and written French is required,
• An advanced knowledge of oral and written English is required, as the position requires regular and complex contact with researchers or international students who are exclusively proficient in English,
• Advanced Excel skills and strong analytical capabilities
• High attention to detail and accuracy
• Customer-service mindset with professional judgment.
• Ability to work independently and collaboratively.
• Flexible and adaptable, with strong technological aptitude and the ability to quickly learn new systems and tools.
• Experience in an academic hospital or research institute environment is an asset.

Additional information

Status: Full-time

Pay Scale: $45,518.20 - $84,484.40. Commensurate with education and work experience.

Work Shift: 8:30 a.m to 4:30 p.m (35 hours)

Work Site: Hybrid (2155 Guy, Glen Site and Remote)

Website of the organization

https://rimuhc.ca/en

Why work with us?

• 4-week vacation, 5th week after 5 years,
• Bank of 12 paid days (personal days and days for sickness or family obligations),
• 13 paid statutory holidays,
• Modular group insurance plan (including gender affirmation coverage),
• Telemedicine,
• RREGOP (defined benefit government pension plan),
• Training and professional development opportunities,
• Child Care Centres,
• Corporate Discounts (OPUS + Perkopolis),
• Competitive monthly parking rate,
• Employee Assistance Program,
• Recognition Program,
• Flex work options and much more!

https://rimuhc.ca/careers

To learn more about our benefits, please visit http://rimuhc.ca/en/compensation-and-benefits

THIS IS NOT A HOSPITAL POSITION.

Equal Opportunity Employment Program

The Research Institute of the McGill University Health Centre hires on the basis of merit and is strongly committed to equity, diversity and inclusion within its community. We welcome applications from all qualified candidates who self-identify as members of racialized groups/visible minorities, women, Indigenous persons, persons with disabilities, ethnic minorities, and 2SLGBTQIA+ persons. We also welcome candidates with the skills and knowledge to productively engage with diverse communities. Persons with disabilities who anticipate needing accommodations for any part of the application process may confidentially contact, [e-mail]