Billing Analyst

Loblaw Companies Limited • Toronto, ON

29d • $52,000 - $71,500

About The Position

We are looking for a Billing Analyst to be a key member of our Loblaw Advance Finance Team. You are primarily responsible for supporting the Accounts Receivable activities to ensure Loblaw Advance is paid in a timely manner. In addition, provide business support and financial counsel as it relates to month end, quarter end and forecasting activities to internal and external clients. You will play an active role in maintaining the integrity of the management reporting by ensuring strong financial analysis and the strict application of policies and procedures. You should be prepared to acquire a significant understanding of business unit activities such that you can identify opportunities to provide value-added business support to the management team.

Requirements

• Bachelor’s degree in Finance, Accounting, or related field (preferred)
• Previous experience in billing, finance, or accounting roles
• Strong analytical and problem-solving skills
• Excellent attention to detail and organizational abilities
• Ability to focus on details and follow through a high volume of transactions
• Understanding of financial accounting principles

Nice To Haves

• Experience in a financial management or reporting role in Advertising, Media and/or Marketing organization considered an asset
• Experience working with Canadian Industry tools for media buying and financial operations role and related systems such as Salesforce or Advendio considered an asset
• Proficiency in Microsoft Excel, including PivotTables and XLOOKUP; VBA experience is an asset
• Experience with Power BI or other data visualization tools is an asset
• Familiarity with SAP or similar ERP systems is an asset

Responsibilities

• Prepare and issue invoices for products and/or services rendered to clients
• Manage the Accounts Receivable process and implement collection strategies including timely follow-up on outstanding invoices and collections
• Manage the Accounts Payable process and ensure respective items line up with respective Accounts Receivable items
• Ensure accuracy and compliance with billing policies and procedures
• Client and Vendor/Partner questions or issues related to billing
• Prepare and maintain billing records, documentation, and reports related to aging accounts
• Support month-end-related tasks and ensure requests are entered and completed through the media billing system, Advendio
• Work with EBS and Senior Finance Analyst teams to identify and resolve billing-related issues
• Support the media finance reconciliation process of accounts with a view to credit and debit adjustments
• Coordination and maintenance of Insertion Orders, process and procedures, billing approvals with External and Inter-company partner(s)
• Analyze billing data to identify discrepancies, trends, and opportunities for process improvements
• Prepare reports on billing metrics for management review
• Work closely with the finance and sales teams to ensure accurate billing and resolve issues
• Collaborate with other departments to gather necessary information for billing purposes
• Identify and recommend process improvements to enhance billing efficiency
• Stay updated on industry best practices and changes in billing regulations
• Assist in internal and external audits as needed
• Prepare ad-hoc reports for internal and external client(s)

Benefits

• We offer our colleagues progressive careers, comprehensive training, flexibility, and other competitive benefits – these are some of the many reasons why we are one of Canada’s Top Employers, Canada’s Best Diversity Employers, Canada’s Greenest Employers & Canada’s Top Employers for Young People.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees