Accounts Receivable Coordinator

Meridian OneCap; Vancouver; On-site; CAD 45,000 - 75,000; Full time

Job summary

Join a forward-thinking company as an Accounts Receivable Coordinator, where your expertise in financial accuracy and process improvement will shine. In this dynamic role, you'll manage client accounts, ensure timely processing of transactions, and contribute to operational efficiency. Enjoy a collaborative work environment that values creativity and celebrates success. This isn't just a job; it's an opportunity to grow alongside industry leaders and make a meaningful impact in the financial services sector. If you're passionate about enhancing processes and delivering exceptional service, we encourage you to apply!

Benefits

Inclusive working environment

Tools and technology provided

Learning from industry leaders

Hybrid work arrangements

Fun workplace culture

Qualifications

• Minimum 2 years experience in a similar role with strong computer skills.
• Knowledge of banking regulations and public reporting is desirable.

Responsibilities

• Maintain client loan accounts and provide exceptional customer service.
• Process daily, monthly, quarterly, and annual accounting tasks.

Skills

Banking/financial/leasing experience

Knowledge of IFRS

Strong computer skills

Good communication skills

Education

Minimum 2 years related experience

Tools

Microsoft Excel

Microsoft Word

Automated GL systems

Job description

Description

At Meridian, our aspiration is to integrate our purpose into everything we do for people, the planet, and communities. We believe that our greatest opportunity is to create opportunity and meet people where they are.

Who we are!

Meridian OneCap Credit Corp (MOC) is an equipment and finance company providing a broad range of financial services to businesses throughout Canada. Our parent, Meridian Credit Union, has over 70 years of banking history and is Ontario’s largest credit union.

MOC is a provider of asset financing in the form of capital leases. We are committed to being the best provider of specialized equipment financing services to strategic vendors across Canada. Our service-oriented culture and exceptional group of professionals serve to provide our strategic partners with value-added service and constructive solutions.

Our team is known as industry leaders. We’ve earned our reputation through consistent delivery of financing programs with the most efficient transaction process and superior customer service.

Your role as an Accounts Receivable Coordinator, you will:

The Accounts Receivable Coordinator is responsible for completing a wide range of accounting and administrative activities associated with maintaining general ledger accounts and administrative tasks related to maintaining client loan accounts, as well as providing exceptional customer service. If you thrive in a dynamic environment and have a passion for financial accuracy and process improvement, we encourage you to apply.

Key Responsibilities

1. Retrieve mail daily from post office, open and review contents, scan all cheques and documents, and distribute scanned items to the appropriate department in a timely and organized manner.
2. Completing all the daily, monthly, quarterly, and annual processing and ensuring all the reporting is completed, documented, and filed accordingly.
3. Accurately maintaining the client accounts by recording initial amounts in the client ledger, processing basic and more complex administrative amendments (e.g. fee reversal, tax adjustments), and actioning returned mail.
4. Processing daily non-sufficient funds (NSF) file uploads received from our banking provider and sending out NSF emails to clients.
5. Ensuring accurate and proper administration regarding the billing process by performing reasonability analysis i.e. due date, rentals, sales taxes rate, and comparison to previous months.
6. Assisting with the testing and implementation of any new systems or system enhancements.
7. Running the end of day and monthly system payment process i.e. daily and bi-monthly pre-authorized payment files (PAP).
8. Troubleshooting processing issues such as Casitron/Scotia file uploads related to pre-authorized payments (PAPs).
9. Documenting operational processes as it relates to the position.

Other Duties:

1. Provide backup support to Accounts Payable Specialist and Accounting Specialist when called upon, including but not limited to:
   • Processing daily EFTs and Wires
   • Preparing complex reconciliations
2. Manage the reception inbox and action all outgoing document requests including but not limited to PMSI notices, Bill of Sales, Power of Attorney, transfer requests.
3. Actively participate in continuous improvement to increase the effectiveness and efficiency of the Operations Accounting team, identifying opportunities for improvements and defining issues, recommending changes.
4. Respond quickly and accurately to inquiries from Management, support units, customers, suppliers, and other Bank departments.
5. Resolve transaction issues in accordance with Service Standards and/or escalate when necessary.
6. Ensure that all reporting deadlines are met.
7. Maintain the confidentiality of information and ensure security of data and applications.

Knowledge, Skills, and Abilities

1. Banking/financial/leasing experience desirable.
2. Knowledge and understanding of IFRS, banking regulations, and public reporting.
3. Strong computer skills (Excel, Windows, Word, other company applications, and automated GL systems).
4. Experience in the following areas is desirable: Federal and Provincial Taxes; Lease and/or Loan Accounting; Automated General Ledger environment.
5. Proficiency with Microsoft Office Applications.
6. Good communication and interpersonal skills are very important.

Education, Designations, Training, and Experience

1. Minimum 2 years related experience in a position of similar responsibility.
2. Experience with an online banking platform.

Office Location: Vancouver Corporate Office. This is an in-office, on-site opportunity.

What's in it for you?

1. We have an inclusive and collaborative working environment that encourages creativity, curiosity, and celebrates success!
2. We provide you with the tools and technology needed to delight your candidates and clients!
3. You'll get to work with and learn from diverse industry leaders, who have hailed from top organizations around the world.
4. Hybrid work arrangements with in-person office time to collaborate, innovate, and build relationships with your colleagues.
5. This isn't your typical "corporate" job. We work hard and we have fun!

Our Commitment To You

Meridian OneCap is committed to promoting an inclusive, accessible environment, where all employees and customers feel valued, respected, and supported. We are dedicated to employing a workforce that reflects the diversity of our communities and Members in which we live and serve.

Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, or disability.

Please note that due to the volume of applications, only those under consideration will be contacted for an interview.

Thank you for your interest in Meridian OneCap.