Accounts Receivable Specialist

University of Toronto; Toronto; On-site; CAD 75,000 - 97,000; Full time

Job summary

The University of Toronto seeks a detail-driven Accounts Receivable professional to manage financial transactions. You'll monitor and reconcile revenues, ensure accuracy in financial records, and prepare A/R reports. The role requires a Bachelor's degree in Accounting or Finance and at least three years of AR/AP experience, along with proficiency in Excel and SAP.

Qualifications

• Minimum three years of experience in AR/AP is required.
• Advanced proficiency in Microsoft Office, especially Excel.
• Ability to handle sensitive and confidential information.

Responsibilities

• Monitor, record, reconcile and report on funding accounts.
• Process accounts receivable according to financial management guidelines.
• Identify and analyze data discrepancies and correct errors.

Skills

Attention to detail

Judgment

Initiative

Decision-making

Education

Bachelor's Degree in Accounting

Bachelor's Degree in Finance

Bachelor's Degree in Business

Tools

Microsoft Excel

SAP

Job description

Date Posted: 06/25/2025
Req ID: 43845
Faculty/Division: VP - University Operations
Department: OREP Financial Strategy & Services Dept
Campus:St. George (Downtown Toronto)
Position Number: 00008562

Description:

About us:

Operations and Real Estate Partnerships Division (OREP) is the largest shared service division at the University of Toronto, providing a wide range of services to the University and serving three campuses. OREP is responsible for several key portfolios within the University, including Information Technology Services, Facilities and Services, University Planning Design & Construction, and Spaces & Experiences. We strive to provide efficient and effective services that support the University’s mission of knowledge creation, educational program delivery and community service. OREP Financial Strategy and Services Department works closely with other departments, as well as internal and external stakeholders, to manage OREP’s financial resources, enhance operational efficiency, and improve financial management capacity. The Finance Department ensures compliance, provides strategic advice, enhances support for the decision-making process, manages risks, optimizes financial processes, adopts new technologies, improves existing systems, and promotes best practices.

Your opportunity:

We are looking for a detail-driven and highly organized Accounts Receivable professional to manage and analyze transactions across various revenue and recovery streams. This role involves recording, tracking, and reconciling both internal and external revenues, while aligning them with budgetary requirements involving multiple funding sources. Core responsibilities include revenue monitoring, reconciliation, reporting, and ensuring accuracy in financial records. The position also requires the preparation of A/R reports, adherence to established financial policies and procedures, and collaboration with internal stakeholders to address external billing and internal recovery matters. The successful candidate will also be entrusted with handling sensitive and confidential information and may provide job-specific guidance to others in a non-supervisory capacity.

Your responsibilities will include:

• Applying the generally accepted accounting principles to financial tasks
• Monitoring, recording, reconciling and/or reporting on funding accounts for various account
• Processing accounts receivable according to the University Guide to Financial Management
• Verifying the accuracy and completeness of billing information
• Keeping well-informed on billing procedures
• Identifying and analyzing data discrepancies and taking necessary actions to correct errors
• Analyzing and recommending improvements to financial processes and procedures

Essential Qualifications:

• Bachelor's Degree in Accounting, Finance, Business or acceptable combination of equivalent experience.
• Minimum three years of experience in AR/AP.
• Advanced Proficiency with Microsoft Office, specifically Excel and Financial Information System (SAP).
• Highly detail oriented, excellent judgment, initiative and decision-making skills.

To be successful in this role you will be:

• Accountable
• Diligent
• Meticulous
• Multi-tasker
• Organized
• Perceptive

Closing Date: 07/08/2025, 11:59PM ET
Employee Group: USW
Appointment Type: Budget - Continuing
Schedule: Full-Time
Pay Scale Group & Hiring Zone:
USW Pay Band 11 -- $75,223. with an annual step progression to a maximum of $96,196. Pay scale and job class assignment is subject to determination pursuant to the Job Evaluation/Pay Equity Maintenance Protocol.
Job Category:Finance/Budget/Planning/Audit

Lived Experience Statement
Candidates who are members of Indigenous, Black, racialized and 2SLGBTQ+ communities, persons with disabilities, and other equity deserving groups are encouraged to apply, and their lived experience shall be taken into consideration as applicable to the posted position.