Senior Accounting Manager - A/R

Ya Ya Foods; Toronto; On-site; CAD 90,000 - 130,000; Full time

Job summary

Ya YA Foods is seeking an experienced AR Manager to lead the accounts receivable team across multiple sites in Canada. The role focuses on process improvement, timely invoicing, and accuracy in reconciliation, while collaborating with internal stakeholders to optimize cash flow and strengthen controls.

The ideal candidate will have a CPA or pursuing, 7–10 years accounting experience with leadership, advanced Excel skills, and ERP experience to support budgeting and CAPEX analysis.

Qualifications

• Bachelor’s degree in Business, Commerce, Accounting, Finance, or a related field is required.
• CPA designation (earned or working towards) an asset.
• 7–10 years of overall accounting experience; 1–2 years of managerial experience required.
• Expertise in Excel (advanced formulas and macros) and ERP systems, data mining, and financial software.

Responsibilities

• Lead a high-performing A/R team, fostering a collaborative environment within the team and broader finance team by sharing best practices, industry trends, and process improvements.
• Monitor all invoicing and account reconciliation processes including managing escalations in AR discrepancies with internal and external stakeholders.
• Analyze current AR processes and comment on continuous improvements where applicable along with recommendations on discounting programs (Faster collection cycle).
• Compile and complete monthly AR reconciliation to balance sheet and address/resolve variances.
• Collaborate with the month-end/year-end closing procedures by ensuring AR invoicing, commissions, and absorption costing for finished goods are completed on time and with 100% accuracy.
• Complete relevant JE for month end.
• Provide support during annual audits by preparing and maintaining schedules and proactively resolving issues for a positive outcome.
• Review financial models and rationale for capital expenditures in YYF Global (CAPEX) including the preparation of the budget, maintenance of asset registry, asset tagging, and monthly depreciation entries.
• Report on monthly CAPEX performance for YYF Global along with forecast (Currently 3 sites).
• Manage and maintain base compensation data, including the tracking, monitoring, and monthly reporting of overtime to ensure accuracy, compliance, and effective workforce cost management.
• Support in preparing BOD presentation relating to CAPEX.
• Manage budgeting, tracking, and reporting for employee recognition programs across multiple sites, ensuring alignment with approved budgets.
• Prepare and present a monthly cost review to GLT & Site Leadership Monthly.
• Budget, review, and report on purchasing team expenses by working cross-functionally with the purchasing team. Propose cost control methods and provide detailed analysis of variance.
• Compliance with the Company's Integrated Management Systems which include, but is not limited to Production, Quality, Food Safety & GMP.
• Compliance with all rules and policies regarding health safety, occupational safety, environmental safety, food safety, legal regulations, company requirements, etc.
• Ensure systems, policies, and procedures adhere to company and legal policies.
• Other duties as assigned.

Skills

Advanced Excel

ERP systems

Data mining

Leadership

Communication

Education

Bachelor's degree in Business/Finance/Accounting

CPA designation (asset)

Tools

Accounting software

Master data governance

Job description

Ya YA Foods is a dynamic and high-growth manufacturer of liquid food and unique beverages. With over 30 years’ experience, we have evolved into a versatile manufacturer and co-packer of a variety of low acid and high acid beverage and liquid food items. We are a family-owned Canadian business who prides itself in its proven track record of satisfying the needs of global multi-national customers. We are a solution provider for our customers, always striving to exceed expectations on innovation, quality, service, and speed to market. For further information about us, please check our website at yayafoods.com

A career at Ya YA Foods will offer you the opportunity to…

• Build a career, not just have a job
• Work in a dynamic and high-growth company with very skilled professionals
• Become part of a teamwork focused culture
• Be a part of an organization that supports your future growth path

Reports to:

VP, Controller

Responsibilities:

• Become part of a teamwork focused culture
• Be a part of an organization that supports your future growth path
• Lead a high-performing A/R team, fostering a collaborative environment within the team and broader finance team by sharing best practices, industry trends, and process improvements.
• Monitor all invoicing and account reconciliation processes including managing escalations in AR discrepancies with internal and external stakeholders.
• Analyze current AR processes and comment on continuous improvements where applicable along with recommendations on discounting programs (Faster collection cycle).
• Compile and complete monthly AR reconciliation to balance sheet and address/ resolve variances.
• Collaborate with the month-end/year-end closing procedures by ensuring AR invoicing, commissions, and absorption costing for finished goods are completed on time and with 100% accuracy.
• Complete relevant JE for month end.
• Provide support during annual audits by preparing and maintaining schedules and proactively resolving issues for a positive outcome.
• Review financial models and rationale for capital expenditures in YYF Global (CAPEX) including the preparation of the budget, maintenance of asset registry, asset tagging, and monthly depreciation entries.
• Report on monthly CAPEX performance for YYF Global along with forecast (Currently 3 sites).
• Manage and maintain base compensation data, including the tracking, monitoring, and monthly reporting of overtime to ensure accuracy, compliance, and effective workforce cost management.
• Support in preparing BOD presentation relating to CAPEX.
• Manage budgeting, tracking, and reporting for employee recognition programs across multiple sites, ensuring alignment with approved budgets.
• Prepare and present a monthly cost review to GLT & Site Leadership Monthly.
• Budget, review, and report on purchasing team expenses by working cross-functionally with the purchasing team. Propose cost control methods and provide detailed analysis of variance.
• Compliance with the Company's Integrated Management Systems which include, but is not limited to Production, Quality, Food Safety & GMP.
• Compliance with all rules and policies regarding health safety, occupational safety, environmental safety, food safety, legal regulations, company requirements, etc.
• Ensure systems, policies, and procedures adhere to company and legal policies.
• Other duties as assigned.

Qualifications:

• Ensure systems, policies, and procedures adhere to company and legal policies.
• Other duties as assigned.
• Bachelor’s degree in Business, Commerce, Accounting, Finance, or a related field is required
• CPA designation (earned or working towards) an asset
• 7-10 years of overall experience in an accounting role is required, 1 to 2 years of managerial experience is a must
• Expertise in Microsoft Excel (advanced formulas & macros) and prior experience with ERP systems, data mining, accounting software, financial systems, and master data governance is required
• Proven leadership skills and initiative
• Proficiency with Microsoft Office Suite (Word, PowerPoint, Outlook, and Excel)
• High level communication skills to interact with all levels of management
• Able to organize, multitask, prioritize, and manage time efficiently
• NB: Successful candidates will be required to provide photo ID, banking details, a valid SIN number, and (if applicable) a valid work permit

Why Join Us

We believe that the key to creating and growing a successful business is by investing in our people—some of whom have been a part of our team for over 30-years. This is at the core of who we are, what we do, and how we grow our business—as a versatile, automated manufacturer and co-packer of a wide-variety of beverages and liquid food items. In our view, a happy team means a better workforce, a better product, and more satisfied customers.

Furthermore, we encourage different perspectives and celebrate diversity in our workforce. Where every employee has the opportunity to realize his or her full potential in a working environment that is supportive of everyone. Upon request, we will gladly provide accommodations to any candidate with a disability taking part in the selection process.

"We are committed to fair and transparent pay practices. Final compensation will be determined based on experience, qualifications, and internal equity. This job posting is for an existing vacancy within our organization."