Accounts Receivable & Banking Coordinator

Jacobs & Thompson Inc•Toronto, ON

8d•Onsite

About The Position

Supports accounts receivable and banking activities, including collections, payment application, customer account reconciliation, banking transactions, and maintaining accurate financial records across multiple systems and currencies. This is a developing-level role for someone with strong AR fundamentals who is willing to learn J&T's D365 and WYSE/legacy processes.

Requirements

Diploma or degree in Accounting, Finance, Business Administration, or equivalent experience.
3-5 years of AR, collections, banking administration, or accounting experience.
Strong Microsoft Excel skills.
Experience working with ERP systems.
Ability to work effectively within both modern ERP platforms and legacy business systems.
Strong attention to detail
Organized and deadline-focused
Good communication and customer service skills
Problem-solving mindset
Comfortable with manual review and reconciliation
Able to work independently while collaborating across departments

Nice To Haves

Manufacturing, distribution, or high-volume transaction experience preferred.
Multi-currency transaction experience is an asset.
Bank reconciliation and cash application experience preferred.
Microsoft Dynamics 365 experience preferred.
WYSE, AS400-style, or legacy manufacturing system experience is an asset.
Online banking platform experience is an asset.

Responsibilities

Follow up on outstanding customer accounts and collection items.
Apply customer payments accurately and on time.
Resolve deductions, short payments, unapplied cash, and account discrepancies.
Maintain aging reports and provide collection status updates.
Work with Sales, Customer Service, and Operations on billing and payment issues.
Assist with customer account maintenance and month-end AR processes.
Maintain coverage with AR Insurance providers and monitor and report on delinquent accounts with internal management and insurance providers.
Liaise with subsidiary controllers and AR personnel on company-related AR and AR insurance matters.
Consolidate company-wide cash receipt and disbursement information for daily executive reporting.
Process or verify EFTs, wire transfers, cheque deposits, and customer receipts.
Perform daily cash application and related reconciliations.
Complete bank reconciliations and investigate outstanding items.
Monitor banking activity and escalate unusual transactions or discrepancies.
Process and reconcile CAD, USD, and other multi-currency transactions.
Maintain banking support and audit documentation.