Financial Shared Services Representative
Markham, ON, Canada
Job Description
SUMMARY
The Financial Shared Representative is responsible for accurate and timely processing of accounts payable payments according to established internal policies, process, and work instructions.
KEY DUTIES & RESPONSIBILITIES
Accounts Payable Processing
Processes accounts payable payments in accordance to established processes
Communicates with concerned parties such as business, sourcing, and suppliers to follow up, clarify information or resolve disputes (i.e. payment not made on time). Escalates to management, where required
Liaises with business unit leaders to obtain approval for invoices and payments
Handles scanned documentations and captures missing invoice data
Reviews documents for compliance and completeness against established requirements. Identifies non-compliant items and missing information and obtains information to ensure compliance to established procedures and requirements.Cancel and reject invoices to the supplier for invoices that do not meet requirements.
Ensures appropriate accounting codes to the documents according to business unit and expense/cost element type
Ensures correct mathematical calculations – additions, subtractions, multiplication and divisions – to verify for mathematical accuracy. Identifies errors and liaises with appropriate concerned parties for resolution.Escalates where required
Validates accounts payable documentations against supporting documentations to ensure accuracy and completeness. Identifies and resolves issues and discrepancies in transactional accounting. Liaises with concerned parties and management for resolution
Handles validation, matching,
coding and approval exceptions. Liaises with business unit leaders to obtain approval exceptions
Enters accounts payable transactions into accounting systems
Payment Process
Processes payments on a timely basis and in accordance to policy, process, and work instructions.
Processes vendor set up requisitions and ensures proper approval and set up.
Audit Support
Files, maintains and retrieves documentations for audit support
KNOWLEDGE & SKILLS
Community college diploma preferably in accounting with up to three years of related experience
Clerical accounting/accounts payable work experience
Understanding of sales tax rules
Ability to execute work according to established procedures
Ability to identify and resolve accounts payable issues and discrepancies
Ability to perform basic mathematical calculations – addition, subtraction, multiplication and division, along with ability to identify inaccuracies in data
Ability to process a high volume of data keying requiring strong attention to detail and accuracy
Ability to communicate effectively with others for the purpose of data exchange, clarification and dispute resolution
Ability to exercise judgment
Proficient with accounting systems, MS Office Excel and other MS Office software applications along with ability to quickly learn other information systems and software applications
Licenses and/or Skilled Accreditation
None required
This is a regular, full-time position with a salary range of $44,303 - $52,121 per annum. The starting salary will be based on the successful candidate’s competencies, including but not limited to experience, education and performance related to this role.
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📌 Financial Shared Services Representative (Ontario)
🏢 BGIS
📍 Ontario