Junior Accounts Receivable / Payable Associate – Toronto, ON

IDN, Inc.; Toronto; On-site; CAD 48,000 - 53,000; Full time

Benefits offered by this job

Bonus opportunities

Commissions

RSP program

Job summary

IDN-Canada, a leading security and door hardware distributor, is hiring a Junior AR/AP Associate for our Toronto, ON team. Reporting to the Accounting Manager, you will support daily AR and AP functions and ensure accurate processing of financial transactions.

Ideal candidates have 1+ year in a related field, solid understanding of accounting principles, and proficiency with MS Office. This full-time role offers regular business hours and opportunities for growth within a national organization.

Qualifications

• 1+ year of work experience in AR/AP or related field.
• Understanding of accounting principles.
• Post-secondary accounting diploma/degree is an asset.
• Proficient with Microsoft Excel and Word.

Responsibilities

• Process customer payments by cheque, EFT, e-Transfer, card, and debit.
• Post payments and maintain deposit logs.
• Investigate invoice and payment discrepancies with stakeholders.
• Follow up on past-due invoices and credit holds.
• Process vendor invoices and reconcile statements.
• Support month/year-end closes and AP duties.

Skills

1+ year of related experience

Strong verbal communication

Attention to detail

Organizational skills

Multitasking ability

Education

Undergraduate degree or diploma in accounting (asset)

Tools

Excel

Word

MS Office

Job description

Junior Accounts Receivable / Payable Associate – Toronto, ON

IDN-Canada is a leading security and door hardware distributor providing security products, access control solutions and more to security professionals across Canada. As part of a network of over 50 locations, IDN-Canada strives to offer customers the strength and buying power of a national organization along with local product availability and personal customized service.

Job Description

We are currently seeking a full-time Junior Accounts Receivable & Accounts Payable Associate to join our Toronto, Ontario team. Reporting to the Accounting Manager, this role provides day-to-day support for the Accounts Receivable and Accounts Payable functions while ensuring the timely and accurate processing of financial transactions.

What You'll Bring

• 1+ year of work experience in a related field
• Possess a strong understanding of accounting principles
• Undergraduate degree or post-secondary diploma in accounting is an asset
• Proficient with Microsoft Office (Excel, Word, etc.)
• Strong verbal and interpersonal communication skills
• Excellent attention to detail and strong organizational skills
• Ability to prioritize and multitask to meet time sensitive deadlines

Accounts Receivable

• Process customer payments received by cheque, EFT, e-Transfer, credit card, and debit card
• Post customer payments by recording cash, cheque, and credit card transactions.
• Prepare bank deposits and maintain deposit logs
• Investigate and follow up with internal and external stakeholders regarding invoice and payment discrepancies
• Follow up with customers regarding past-due invoices, credit holds, credit releases, and credit limits
• Escalate delinquent or high-risk accounts to management as appropriate
• Send invoices through customer portals
• Process credit applications for new customers
• Set up new customer accounts and maintain existing customer information in the system
• Generate aging reports and other accounts receivable reports as required
• Perform other AR duties as assigned

Accounts Payable

• Process vendor invoices
• Reconcile vendor statements and address all past-due items
• Respond to inquiries from vendors and other internal contacts
• Meet deadlines and obtain proper invoice approvals
• Month/year end closes
• Perform other AP duties as assigned

Benefits & Pay

• Salary Range: $48,000 to $53,000

Schedule: Monday to Friday; 8AM to 4:30PM

IDN-Canada offers a competitive salary and benefit package, monthly & yearly bonus opportunities, commissions, and a RSP program. Join us today for a long-term career opportunity within a supportive and enthusiastic company.

Due to the nature of our business and products carried, candidates must be bondable with no criminal record. Must be legally authorized to work in Canada.

IDN‑Canada is an equal opportunity employer and prohibits discrimination and harassment of any kind. All employment decisions at IDN‑Canada are based on business needs, job requirements, and individual qualifications, without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other status protected by the laws or regulations in the locations where we operate.