Accounts Payable Coordinator - Accounting at Toro Group of Companies

Date: 5 hours ago
City: Concord, ON
Contract type: Full time

We are seeking a detail-oriented and highly organized Accounts Payable Coordinator to join our finance team in a multi-entity manufacturing and construction environment. The ideal candidate will be responsible for managing the day-to-day operations of the accounts payable function, ensuring timely and accurate processing of invoices, expense reports, and payments involving multiple currencies in a computerized and automated settings.

Key Responsibilities

  • Responsible for timely and accurate processing of high-volume vendor invoices for multiple entities in a paperless working environment using AP automation tools-RPA, OCR.
  • Review and process subcontractor/installers billing, manage and reconcile progress billing and holdbacks in coordination with project managers and subcontractors/installers.
  • Ensuring all required supporting documentation and approval is in place prior to payable processing and escalating issues accordingly.
  • Process payments using multi types of payment methods (EFT, ACH, Wires, Bill Payments, Credit Cards, Checks) and with different currencies in multiple entities settings.
  • Responsible for month end close processes ensuring timelines are met for invoice processing, vendor reconciliation, and reporting.
  • Laise with internal departments and vendors to resolve disputes and discrepancies.
  • Ensure adherence to company policies and procedures, comply with various government regulations, tax laws and financial reporting standards.
  • Other job-related duties/special projects and support activities as required

Other Duties

Identify inefficiencies in AP workflow and suggest and support a culture of continuous improvement and assist in implementing these improvements.

  • Assists in audits by preparing documentation and responding to inquiries.
  • Update and reconcile various accounts payable reports as required.
  • Aid in the maintenance of AP filing systems.

Qualifications

  • Post secondary education in accounting
  • 2+ years of experience in accounts payable preferably in manufacturing and/or construction industry
  • Excellent attention to detail, good time management and ability to meet deadlines
  • Strong communication, interpersonal and organizational skills, ability to work independently and in a team setting.
  • Proficiency in MS Word, Excel, Windows, accounting and automation software and tools

Compensation : $55,000 - $60,000 annually, based on the successful candidate's qualifications, skills, and experience.

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