Cash Application & Collection Specialist

Dye & Durham Corporation; Toronto; On-site; CAD 45,000 - 65,000; Full time

Job summary

Dye & Durham Corporation seeks an Accounts Receivable Clerk in Toronto. The role involves managing account receivables functions including invoicing, client communications, and financial record maintenance. Ideal candidates will have a degree in Accounting or Finance and excel at organizational and communication skills.

Benefits

Healthcare

Pension

Company discounts

Wellness programs

Paid days off for moving or volunteering

Qualifications

• One year of experience with full cycle accounts receivable preferred.
• Accountable for results; excellent organization skills.

Responsibilities

• Verifying and preparing invoices and bank deposits.
• Following up with clients on account balances via phone/email.
• Maintaining accurate records and managing accounting ledgers.

Skills

Time management

Detail oriented

Excellent communication

Customer focus

Self-motivated

Collaborative

Strong MS Excel skills

Education

Bachelor’s degree or diploma in Accounting, Finance, or relevant field

Job description

Department: Finance

Location: Toronto

Description

We are a professional services firm looking for an Accounts Receivable Clerk who will be responsible for account receivables functions and collecting client balances. Our entrepreneurial environment will provide plenty of opportunities for you to demonstrate your capabilities and be recognized for your accomplishments. Reporting to the AR Supervisor, the Cash Application & Collection Specialist will provide all the financial, administrative, and transactional support required for an evolving Finance team, which includes, but is not limited to the maintenance of accurate records and files, processing of payments, and contacting clients for collecting balances.

Key Responsibilities

• Verifying and preparing invoices, bank deposits and performing reconciliation of AR accounts while maintaining various AR files
• Following up with clients to collect account balances via phone and/or email, to ensure customers are compliant with payment terms and/or commitments
• Evaluating client balance movements and credit histories and presenting to Accounting Manager and Director of Finance
• Maintain accounting ledgers by accurately posting account transactions
• Sorting and posting incoming customer cheques, preparing daily cash reports, posting credit memos, assisting with client dispute resolution and processing adjustments
• Organizing the customer-issued cheques to facilitate timely deposits and posting to customer accounts using the Company's ERP system
• Sending out accurate and timely monthly statements of account to customers
• Initiating and screening customer credit application, including review of new customer accounts for GL account, credit term, and tax code accuracy
• Maintaining proper filing of billing documents, customer payments, and bank deposit
• Other tasks as assigned by the AR Supervisor and Accounting Manager
• Ad hoc projects pertinent to accounts receivable
  
  

Skills, Knowledge & Expertise

• Bachelor’s degree or diploma in Accounting, Finance, or relevant field
• Preferably one year of experience with full cycle accounts receivable
• Self-motivated and customer focused
• Time management and follow-up skills; highly organized and detail oriented
• Accountable for results, strives to meet and exceed expectations
• Excellent communication skills (oral, written and presentation)
• Proven ability to work collaboratively in a team environment and collaborate on projects
• Strong MS Excel skills (Pivot Table and Vlookup); you need to demonstrate that you are currently using Excel on a regular basis as part of your current role
  
  

Job Benefits

At Dye & Durham we strive to be visionaries! As a leader in our field, we ensure our employees are ready for the next challenge in their journey with us by offering internal and external training opportunities. We offer competitive salaries and a whole host of benefits including healthcare, pension, company discounts, wellness programs, and paid days off to move house or volunteer for your favorite charity.
Do you share our DNA?

• We ask how tomorrow can be better than today
• We are passionate about solving our customer's challenges
• Our ideas break boundaries
• We value different perspectives and encourage dialogue
• We take ownership and celebrate together