Billing Analyst

Loblaw Companies Limited; Golden Horseshoe; On-site; CAD 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a Billing Analyst to join their dynamic finance team. This role is pivotal in managing Accounts Receivable, ensuring timely payments, and providing financial support for month-end and forecasting activities. You will leverage your analytical skills to identify discrepancies and enhance billing processes while collaborating with various departments. Join a company that values innovation and teamwork, and be part of shaping the future of retail in Canada. This position offers a unique opportunity to work with leading technologies and contribute to impactful projects that resonate with customers across the nation.

Benefits

Comprehensive training

Flexible work arrangements

Competitive benefits

Career progression opportunities

Qualifications

• Bachelor's degree in Finance or Accounting preferred.
• Experience in billing, finance, or accounting roles is essential.

Responsibilities

• Manage Accounts Receivable and ensure timely payment.
• Prepare invoices and maintain billing records and reports.
• Collaborate with finance and sales teams to resolve billing issues.

Skills

Analytical Skills

Problem-Solving Skills

Attention to Detail

Organizational Abilities

Education

Bachelor’s degree in Finance

Bachelor’s degree in Accounting

Tools

Salesforce

Advendio

Job description

Come make your difference in communities across Canada, where authenticity, trust and making connections is valued – as we shape the future of Canadian retail, together. Our unique position as one of the country's largest employers, coupled with our commitment to positively impact the lives of all Canadians, provides our colleagues a range of opportunities and experiences to help Canadians Live Life Well.

At Loblaw Companies Limited, we succeed through collaboration and commitment and set a high bar for ourselves and those around us. Whether you are just starting your career, re-entering the workforce, or looking for a new job, this is where you belong.

Loblaw Advance - Billing Analyst

• Toronto, Canada
• Full-Time

Company Description

Loblaw Advance drives brands forward. We are unlocking Loblaw’s exclusive purchase pattern data, customer intelligence, and millions of daily connections with shoppers to drive growth for our business partners. Backed by both the country’s leading grocery and pharma retailer, and the nation’s leading loyalty program, PC Optimum, we have a unique set of assets to help consumer brands reach customers and grow their retail business more effectively. Our dynamic team bridges loyalty, media, product, analytics, insights and strategy disciplines for integrated planning that empowers our own brands and those of our partners to reach Canadian customers at the right time, in the right way.

At Loblaw Advance, we’re always innovating to stay on the leading edge of a fast-evolving industry. We seek great people who share our principles of authenticity, curiosity, trust, and collaboration. You will get to work with some of the best minds in the industry and have the support of in-house world-class technologies to create solutions our customers will love. We’re able to keep innovating because our colleagues are passionate about their work and excited about the future of retail and media. Come help shape this growing business with us!

Job Description

We are looking for a Billing Analyst to be a key member of our Loblaw Advance Finance Team. You are primarily responsible for supporting the Accounts Receivable activities to ensure Loblaw Advance is paid in a timely manner. In addition, provide business support and financial counsel as it relates to month end, quarter end and forecasting activities to internal and external clients. You will play an active role in maintaining the integrity of the management reporting by ensuring strong financial analysis and the strict application of policies and procedures. You should be prepared to acquire a significant understanding of business unit activities such that you can identify opportunities to provide value-added business support to the management team.

Key Responsibility Areas

• Provide support in multi-facet areas of Media Finance:
  • Prepare and issue invoices for products and/or services rendered to clients
  • Manage the Accounts Receivable process and implement collection strategies including timely follow-up on outstanding invoices and collections
  • Manage the Accounts Payable process and ensure respective items line up with respective Accounts Receivable items
  • Ensure accuracy and compliance with billing policies and procedures
  • Client and Vendor/Partner questions or issues related to billing
• Prepare and maintain billing records, documentation, and reports related to aging accounts
• Support month-end-related tasks and ensure requests are entered and completed through the media billing system, Advendio
• Work with EBS and Senior Finance Analyst teams to identify and resolve billing-related issues
• Support the media finance reconciliation process of accounts with a view to credit and debit adjustments
• Coordination and maintenance of Insertion Orders, process and procedures, billing approvals with External and Inter-company partner(s)
• Analyze billing data to identify discrepancies, trends, and opportunities for process improvements
• Prepare reports on billing metrics for management review
• Work closely with the finance and sales teams to ensure accurate billing and resolve issues
• Collaborate with other departments to gather necessary information for billing purposes
• Identify and recommend process improvements to enhance billing efficiency
• Stay updated on industry best practices and changes in billing regulations
• Assist in internal and external audits as needed
• Prepare ad-hoc reports for internal and external client(s)

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field (preferred)
• Previous experience in billing, finance, or accounting roles
• Strong analytical and problem-solving skills
• Excellent attention to detail and organizational abilities
• Ability to focus on details and follow through a high volume of transactions
• Understanding of financial accounting principles
• Experience in a financial management or reporting role in Advertising, Media and/or Marketing organization considered an asset
• Experience working with Canadian Industry tools for media buying and financial operations role and related systems such as Salesforce or Advendio considered an asset

Our commitment to Sustainability and Social Impact is an essential part of the way we do business, and we focus our attention on areas where we can have the greatest impact. Our approach to sustainability and social impact is based on three pillars – Environment, Sourcing and Community – and we are constantly looking for ways to demonstrate leadership in these important areas. Our CORE Values – Care, Ownership, Respect and Excellence – guide all our decision-making and come to life through our Blue Culture. We offer our colleagues progressive careers, comprehensive training, flexibility, and other competitive benefits – these are some of the many reasons why we are one of Canada’s Top Employers, Canada’s Best Diversity Employers, Canada’s Greenest Employers & Canada’s Top Employers for Young People.

If you are unsure whether your experience matches every requirement above, we encourage you to apply anyway. We are looking for varied perspectives which include diverse experiences that we can add to our team.

We have a long-standing focus on diversity, equity and inclusion because we know it will make our company a better place to work and shop. We are committed to creating accessible environments for our colleagues, candidates and customers. Requests for accommodation due to a disability (which may be visible or invisible, temporary or permanent) can be made at any stage of application and employment. We encourage candidates to make their accommodation needs known so that we can provide equitable opportunities.

Please Note: Candidates who are 18 years or older are required to complete a criminal background check. Details will be provided through the application process.