Accounts Receivable Specialist

Black & McDonald; Toronto; On-site; CAD 55,000 - 80,000; Full time

Job summary

Black & McDonald is seeking an Accounts Receivable Specialist to join their Southern Ontario team in Scarborough. This role involves managing collections, processing payments, and collaborating with operational teams to resolve account issues. Candidates should have 5+ years in a B2B collections role, ideally within the construction industry, and enjoy a collaborative work environment with family values.

Benefits

Long-term stability

Team events and outings

Competitive compensation and benefits packages

Interesting and challenging work

Qualifications

• 5+ years of Accounts Receivable/Collections in B2B environment.
• Preferred background in construction industry.
• Proficient in financial statements and accounting practices.

Responsibilities

• Initiate collection efforts by communicating with customers.
• Process customer payments and prepare daily bank deposits.
• Lead biweekly or monthly A/R review calls with operational groups.

Skills

Communication

Problem Solving

Teamwork

Organization

Time Management

Education

Post-secondary education

Tools

MS Office

JD Edwards

Job description

Black & McDonald’s Southern Ontario team is growing! If you are committed and collaborative professional looking to contribute to a hard-working, innovative team, this opportunity is for you.

The Accounts Receivable Specialist is located in Scarborough and reports directly to the Regional Controller. Duties and responsibilities include but are not limited to :

• Initiate collection efforts by communicating with customers via phone, email or regular mail
• Maintain detailed customer / collections activity notes for follow up purposes
• Investigate and resolve customer inquiries with confidentiality and in a timely manner
• Receive customer payments and prepare bank deposits daily and deposit to bank, as required
• Post deposits to accounting system
• Process customer Visa payment transactions and send approval confirmations to customers
• Print and distribute customer statements as required
• Communicate daily with Billing Administrators, Controller, Project Managers on collection issues / progress
• Submit requests for customer / vendor credit checks to credit bureau
• Submit and / or complete requests for new customer set up
• Complete customer direct deposit forms and send back to customers as needed
• Prepare weekly / monthly / quarterly reports as required
• On occasion go to bank for deposits
• Lead biweekly or monthly A / R review calls with operational groups for problem accounts
• Other duties as required

COMPETENCY REQUIREMENTS

• Communicates Effectively
• Problem Solving and Innovation
• Teamwork and Collaboration

EDUCATION REQUIREMENTS

• Post-secondary education preferred

WORK EXPERIENCE REQUIREMENTS

• 5+ years of Accounts Receivable / Collections in a B2B environment preferably in the construction industry

SKILLS, ABILITIES, AND OTHER REQUIREMENTS

Proficient knowledge and understanding of :

• Financial statements – read and comprehend
• Established accounting practices, procedures and techniques
• Experience dealing with prompt payment legislation and construction liens is an asset
• Organization and time management

Proficient user of :

• MS Office (Word, Excel, Project)
• JD Edwards or an Oracle-based ERP system
• Willing and able to travel locally for business transactions
• License requirements valid G

Black & McDonald welcomes and encourages applications from persons with accessibility accommodation requirements. Accessibility accommodations are available upon request for candidates taking part in all aspects of the recruitment and selection process.

A family business with family values

Interesting and challenging work

Team events and outings year-round

Long-term stability

Empowered people with ambitious goals

Competitive compensation and benefits packages