Accounts Receivable and Revenue Specialist
- Richmond Hill, ON, Canada
$65,000 to $73,000 CAD / year · Full-time
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Job details
- Pay
- $65,000 to $73,000 CAD / year
- Job type
- Full-time
- Apply by
- Experience
- Minimum 2 years of experience in Accounts Receivable, Revenue Accounting, or a similar accounting role.
- Posting language
- English
- Posted
Original job description
About the Opportunity
Accounts Receivable:
- Reconcile cash receipts with Electronic Data Interchange (EDI) transactions and investigate variances.
- Create, process, and post customer deductions (including netting, returns, and shortages), ensuring approvals are obtained in accordance with company policies.
- Apply and post customer payments (EFT, ACH, and cheque) accurately and on a timely basis.
- Respond to customer inquiries and resolve billing, payment, and EDI-related discrepancies.
- Manage collections by monitoring aged receivables, following up on overdue accounts, and maintaining collection records.
- Prepare and process manual invoices, ensuring accuracy and proper supporting documentation.
- Reconcile Accounts Receivable (A/R) aging to the general ledger and perform monthly A/R balance sheet reconciliations.
- Prepare Accounts Receivable reports and comparative analyses for management review.
Revenue:
- Perform revenue variance analysis and investigate discrepancies.
- Analyze EDI 852 data and reconcile expected settlement amounts.
- Prepare weekly Net Pay Statements (NPT) and maintain franchise revenue reports.
- Prepare and post revenue journal entries.
- Identify, investigate, and follow up on missing sales transactions.
- Prepare month-end sales accruals and support the month-end close process.
- Reconcile revenue accounts and ensure accurate revenue recognition.
- Collaborate with customers and internal departments to resolve revenue-related issues.
- Maintain accurate revenue records and supporting documentation.
- Recommend and implement process improvements to strengthen revenue accuracy and operational efficiency.
About You
- Diploma or Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
- Minimum 2 years of experience in Accounts Receivable, Revenue Accounting, or a similar accounting role.
- Experience working with EDI transactions (EDI 852 experience is an asset).
- Experience with ERP/accounting systems.
- Understanding of journal entries, reconciliations, accruals, and month-end close procedures.
- Advanced proficiency in Microsoft Excel (Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, data analysis).
- Strong analytical and problem-solving skills with the ability to investigate discrepancies
Salary Range: $65,000 - $73,000 / year
More about this job
Responsibilities
Reconcile and manage customer payments, deductions, invoices, collections, and accounts receivable records, resolving billing and EDI discrepancies. Analyze and reconcile revenue, prepare statements and journal entries, support month-end close, and improve the accuracy and efficiency of revenue processes.
Requirements
Requires a diploma or bachelor's degree in accounting, finance, business administration, or a related field, and at least two years of relevant accounting experience. Candidates should have ERP or accounting system experience, knowledge of EDI transactions, reconciliations, journal entries, accruals, and month-end close, plus advanced Excel skills and strong analytical abilities.
Skills
- Accounts Receivable
- Revenue Accounting
- Cash Reconciliation
- Electronic Data Interchange (EDI)
- Payment Processing
- Collections
- Invoice Processing
- General Ledger Reconciliation
- Revenue Variance Analysis
- Journal Entries
- Accruals
- Month-End Close
- Revenue Recognition
- Microsoft Excel
- Data Analysis
- Problem-Solving
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
- Food & Beverage
Keywords
- Accounts Receivable
- Revenue Accounting
- Electronic Data Interchange (EDI)
- EDI 852
- Cash Receipts
- Customer Deductions
- Electronic Funds Transfer (EFT)
- Automated Clearing House (ACH)
- Collections
- Manual Invoices
- General Ledger
- A/R Aging
- Balance Sheet Reconciliation
- Revenue Variance Analysis
- Net Pay Statements
- Revenue Journal Entries
- Sales Accruals
- Revenue Recognition
- Month-End Close
- ERP Systems
- Accounting Systems
- Microsoft Excel
- Pivot Tables
- XLOOKUP
- VLOOKUP
- SUMIFS
- Data Analysis
- Franchise Revenue
- Restaurants
- Food and Beverage Services