Franchise Accounting Coordinator

Vaco Recruiter Services; Markham; On-site; CAD 50,000 - 60,000; Full time

Job summary

A recruitment agency is seeking a candidate to manage franchise accounts in Markham, Canada. The ideal candidate will possess strong accounting skills, bilingual abilities in English and Korean, and a commitment to detail. Responsibilities include creating franchise profiles, reconciling accounts, and handling inquiries. This position offers a salary range of $50,000 - $60,000/year.

Qualifications

• Fluent in both English and Korean for franchisee communication.
• Minimum 2-3 years of experience in accounting or related field.
• Advanced diploma in accounting preferred; Bachelor of Commerce is a bonus.

Responsibilities

• Create and manage franchise profiles and statements.
• Reconcile franchisee Commission and AR accounts monthly.
• Handle franchisee inquiries and disputes efficiently.

Skills

Fluent in English

Korean language skills

Communication skills

Multi-tasking

Attention to detail

Proficiency in Microsoft Suite

Accounting knowledge

Education

Advanced diploma in accounting

Bachelor of Commerce degree in Accounting or Finance

Tools

Microsoft Dynamics Business Central

Microsoft Excel

Job description

About the Opportunity

• Understand franchise agreements and create a new franchise profile in the system and updating existing franchisee information
• Create weekly franchise statements and send to franchisees as per approval policy
• Build good working relationships with Operations teams, as well as the franchisees and finance team to understand the franchise programs and their accounting impact
• Upload and post franchisee sales to the system
• Handle franchisee inquiries and disputes
• Coordinate follow-up on aged franchise AR accounts for collection
• Prepare and post franchise journal entries as required
• Reconcile all franchisee Commission and AR accounts every month end
• Create and manage franchisee related reports and other trade spends
• Analyse and verify franchisee claims
• Learn and understand the franchisee royalty and rebate programs
• Ad-Hoc duties as assigned

About You

• Completed advanced diploma in accounting; graduated with a Bachelor of Commerce degree in Accounting or Finance is preferred
• Fluent in English and Korean language skills for franchisee communication (required)
• At least 2-3 years of accounting or related field experience (experience in manufacturing or CPG environment considered a big advantage)
• Excellent verbal and written communication skills; be able to comprehend and articulate accounting issues from non-accounting/cross-functional teams and be able to recommend pragmatic solutions
• Proficient in Microsoft Suite i.e. Word, Excel, and Outlook. (Minimum intermediary skills in Excel required)
• Knowledge of accounting software an asset (experience with Microsoft Dynamics Business Central - would be considered an asset)
• Demonstrate a high level of autonomy and self-motivation – who takes direction well but has a clear understanding of how to organize the day-to-day functions, asks questions and engages in self-directed learning to tackle new tasks
• Can multi-task with confidence and high attention to details

Salary Range

$50,000 - $60,000 /year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #462280.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.