Finance - Accounts Payable & Receivable Supervisor

Organigram•Moncton, NB

7d•CA$65,450 - CA$89,925

About The Position

The Accounts Receivable Supervisor will manage the day-to-day activities of the AR team, ensuring accuracy and efficiency in processing accounts receivable. The role will involve overseeing the timely closing of the AR modules, managing payments, supporting the AR automation project, and facilitating monthly revenue recognition processes. In addition, the Supervisor will act as a backup for AP Payments, assist with audits and review.

Requirements

Bachelor’s degree in accounting, finance, or a related field.
Minimum of 5 years of experience in accounts receivable, accounts payable, or related finance roles, with at least 2 years in a supervisory position.
In-depth knowledge of AR processes, including, revenue recognition, and expense reporting.
Ability to investigate and resolve discrepancies in invoices and payments.
Excellent leadership skills with the ability to coach, train, and develop a team.
Strong analytical, communication, and organizational skills.
Detail-oriented with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Proficiency in Microsoft Office Suite (especially Excel), with advanced analytical and reporting skills.

Nice To Haves

Knowledge of Dynamics 365 would be preferred

Responsibilities

Ensure timely and accurate closing of the AR module on business day 1 of each month.
Monitor customer accounts, following up on outstanding invoices and ensuring timely collections.
Review and approve AR adjustments for returns, discrepancies, and shipment issues.
Review payment entries for customer receipts to ensure accuracy in the AR module.
Supervise AR team activities to ensure deadlines and targets are consistently met.
Provide weekly reports of AR aging balances for recreational and international customers to senior management.
Act as a backup for AP payments, including processing the payment journal and overseeing payment entries.
Process and review foreign currency (FX) revaluation and accruals and liaise with the accounting team to prepare month-end journal entries.
Collaborate with other departments such as sales, customer service, and purchasing to resolve AR issues and ensure smooth payment and invoicing processes.
Work with senior management to provide regular updates on AR performance, including aging reports and payment statuses.
Support ad hoc requests and provide data and insights to the accounting team for various operational needs.
Supervise and mentor a team of AR professionals, providing guidance, training, and support to meet deadlines and performance goals.
Facilitate weekly/bi-weekly team meetings to track progress and address challenges.
Encourage continuous improvement within the team through training, mentoring, and cross-functional collaboration.