Cash Application & Collection Specialist

Dye & Durham; Toronto; On-site; CAD 40,000 - 55,000; Full time

Job summary

Dye & Durham, a leader in legal technology, is seeking an Accounts Receivable Clerk to manage client collections and financial processes. In this role, you will enhance your accounting skills, work collaboratively with a dedicated team, and benefit from a supportive work environment that offers competitive salaries and extensive benefits.

Benefits

Healthcare

Pension

Company Discounts

Wellness Programs

Paid Days Off

Qualifications

• Bachelor's in Accounting or Finance required.
• At least one year of experience in accounts receivable preferred.
• Strong Excel skills (Pivot Table and Vlookup) necessary for daily operations.

Responsibilities

• Verify and prepare invoices, bank deposits, and reconcile AR accounts.
• Follow up with clients to collect account balances via email or phone.
• Maintain accurate records of billing documents and customer payments.

Skills

Communication

Time Management

Customer Focus

Detail Oriented

Team Collaboration

MS Excel

Education

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

Job 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

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

Dye & Durham is a global leader in legal technology. The company’s three categories of integrated solutions – practice management, data insights and due diligence, and client onboarding – give solicitors the essential tools they need to run their firms, from client acquisition to case management and legal accounting, and everything in between.

Trusted by thousands of legal practitioners globally, Dye & Durham helps law firms achieve more growth with less effort.

Create a job alert for this search