Accounting Payable Associate in Toronto

Accounting Payable Associate in Toronto

Toronto Full-Time 47250 - 57750 $ / year (est.) On-site
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At a Glance

  • Tasks: Process invoices, ensure accuracy, and collaborate with teams for audits.
  • Company: Join Cosmetica, a leader in beauty innovation and quality.
  • Benefits: Competitive pay, health benefits, gym discounts, and employee assistance programs.
  • Other info: Flexible overtime and opportunities for professional growth.
  • Why this job: Be part of a dynamic team shaping the future of the beauty industry.
  • Qualifications: Postsecondary education in Business or Accounting and 3+ years of experience.

The predicted salary is between 47250 - 57750 $ per year.

Cosmetica is recognized for innovation, excellence, and commercialization with award-winning products.

From concept to creation, we offer an unparalleled array of services that will inspire, create and deliver every step of the way.

We value and recognize talent and want you to help us create beauty in the world!

At Cosmetica, we implement the highest standards of quality across every stage of production.

We maintain a robust set of quality assurance certifications, including ISO certification and licenses with the FDA and Health Canada.

Join Cosmetica and help us shape the future of quality in the industry!

What are we looking for

Reporting to the Manager Compliance & Financial Reporting, the Accounting Associate is responsible to process all invoices in a timely manner as well as to ensure that all invoices are properly approved and accurately recorded to the appropriate GL accounts.

What will you be doing

  • Processing of all Inventory and non-inventory invoices, including matching backup and filing backup doc.
  • Verify that transactions are in alignment with company procedures.
  • Coding of Invoices – ensures appropriate GL codes are used.
  • Review of PO accrual account – investigate and clear old items, clear zero value customer owned receivers.
  • Analysis of vendor prepayments at month end and reallocate to prepaid.
  • Weekly cheque run /wire transfer processing for Canadian and US vendors- ensuring that only authorized purchases for goods/services received are paid and on-time.
  • Reconciliation of aged payables at month end to GL
  • Analyze all accounts on a monthly, quarterly, and annual basis to ensure payment accuracy.
  • Work collaboratively with various departments to perform accounting audits.
  • Assisting with audit support as necessary.

What makes you a "glittering" candidate

  • Postsecondary education, preferably in Business or Accounting and/or equivalent working experience
  • Minimum 3+ years of accounting experience, ideally within Accounts Payable function
  • Experience with ERP systems
  • Proficient in MS Office – Excel and Word
  • Team oriented and self-directed.
  • Committed to quality, safety and communication.
  • Good trouble shooting and analytical skills.
  • Excellent problem-solving skills
  • Ability & willingness to learn.
  • Preferably working towards an accounting designation (CPA) or completed (CA, CMA, CGA, CPA)

Physical Job Requirements

  • Flexible for Overtime

What we Offer

  • Competitive pay, Group Benefits including Health Care, Dental & Vision
  • Safety Shoes Allowance
  • Employee Assistance Program (EAP)
  • Gym Membership at discounted price.

Accounting Payable Associate in Toronto employer: Cosmetica Laboratories Inc

At Cosmetica Laboratories, we pride ourselves on being an exceptional employer that fosters a culture of innovation and collaboration. Our hybrid work environment allows for flexibility while providing comprehensive benefits and growth opportunities, ensuring our employees can thrive both personally and professionally. Join us in creating beauty in the world while enjoying a supportive atmosphere that values your contributions and encourages continuous development.

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Contact Details:

Cosmetica Laboratories Inc Recruitment Team

We think you need these skills to ace Accounting Payable Associate in Toronto

Problem-Solving Skills
Organizational Skills
Communication Skills
Time Management
Adaptability
Teamwork
Flexibility