AR Clerk in Toronto

AR Clerk in Toronto

Toronto Full-Time 60000 - 65000 $ / year (est.) On-site
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At a Glance

  • Tasks: Manage customer accounts and billing while resolving discrepancies and payment issues.
  • Company: Join a dynamic team at Vaco/Highspring, a leader in financial solutions.
  • Benefits: Enjoy a competitive salary, bonuses, and comprehensive health benefits.
  • Other info: Great opportunity for career growth in a supportive environment.
  • Why this job: Gain valuable experience in accounts receivable and enhance your financial skills.
  • Qualifications: 2+ years of AR experience; tech-savvy with strong Excel skills.

The predicted salary is between 60000 - 65000 $ per year.

  • About the Opportunity
  • Maintain accurate customer accounts and accounts receivable records for two operating companies.
  • Prepare, review, and issue customer invoices and billing adjustments as required.
  • Track recurring billing schedules and ensure customer accounts are updated on a timely basis.
  • Review customer account balances and investigate discrepancies, billing issues, or unusual account activity.
  • Maintain organized supporting documentation for invoices, payments, adjustments, and customer communications.
  • Work with internal teams to resolve billing questions, payment disputes, or customer account issues.
  • Payment Processing and Cash Application
  • Process weekly pre-authorized debit payments and credit card payments.
  • Record and reconcile customer payments, including PAD, credit card, EFT, cheque, and other payment methods as applicable.
  • Apply payments accurately against open customer invoices and customer accounts.
  • Reconcile payment batches to bank activity, merchant reports, and accounting system records.
  • Investigate and resolve payment application issues, unapplied payments, short payments, duplicate payments, or declined transactions.
  • Escalate unusual payment issues or unresolved discrepancies to the Finance Manager.
  • Collections and Aged Receivables
  • Run and review aged receivables reports on a regular basis.
  • Follow up with customers regarding outstanding balances, past-due invoices, declined payments, or missing payment information.
  • Send professional and courteous payment reminders by email and phone.
  • Support payment arrangements and customer follow-up in accordance with company policy and management direction.
  • Identify accounts requiring escalation and provide clear supporting information to the Finance Manager.
  • Maintain accurate records of collection activity, customer responses, and follow-up actions.

About You

  • 2+ years of AR experience, bookkeeping/ap is a nice to have. Have to be open to be doing this and learning
  • Good in a high volume environment
  • Tech savvy, intermediate excel.

A lot of the role is automated.

By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions.

  • Pay Range
  • Employer and Location

This position for employment is for a current vacancy with Vaco/Highspring’s client.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity.

Compensation and Benefits

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs.

With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting.

The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan.

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AR Clerk in Toronto employer: Vaco

Join a dynamic and innovative team as the Director of Finance in the heart of Downtown Toronto, where you will not only lead a high-performance group but also play a pivotal role in shaping financial strategies that impact the broader community. Our company fosters a collaborative work culture that prioritizes employee growth through mentorship and professional development opportunities, ensuring that you can thrive in your career while making meaningful contributions to the finance sector. With a focus on excellence and integrity, we offer a unique environment that values your expertise and encourages you to drive strategic initiatives that resonate with stakeholders and investors alike.

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Contact Details:

Vaco Recruitment Team

We think you need these skills to ace AR Clerk in Toronto

Accounts Receivable Management
Invoicing
Billing Adjustments
Customer Account Reconciliation
Payment Processing
Cash Application
Data Entry