Senior Accounting Specialist (AP)

S&C Electric Company • Toronto, ON

33d • $49,670 - $65,805 • Hybrid

About The Position

As an S&C Electric Canada team member, you’ll work on tasks and projects that
have real-world impact. You’ll help transform the grid for resilient and
reliable power worldwide. S&C has a history of more than 70 years of innovation
in Canada. We continue this legacy as a trusted, forward-thinking leader in the
power industry. As a team member, you will advance a safer, more reliable, and
more resilient electrical grid. Our products help the grid adapt to severe
weather and transition to clean energy. We’re big enough to be a respected
industry leader but small enough for you to impact our company directly. Our
commitment gives you opportunities to impact on and off the job positively.

Join Our Team as a Senior Accounting Specialist (Accounts Payable)!

Work arrangement:  Hybrid (work from office at least 3 days a week) – may change
as required 

Compensation

At S&C, we are dedicated to providing competitive and equitable compensation for
all our team members and are committed to transparency in our pay practices. The
estimated annual base salary range for this position is $49670 - $65804.8.
Individual pay within this salary range is determined by several compensable
factors, including performance, knowledge, job-related skills and experience,
and relevant education or training.

This position may also be eligible for S&C’s annual incentive plan (AIP). AIP
amounts are variable and are dependent on both company and individual
performance, subject to eligibility criteria. The target bonus percentage for
this role is 4% of annual base earnings.

Reporting to Manager - Finance & Accounting, Senior Accounts Payable Specialist
is responsible for overseeing the accounts payable process, managing vendor
relationships, and ensuring accurate and timely financial reporting. The role
also ensures compliance with company policies, internal control requirements,
supports audits and continuous process improvement initiatives.

Requirements

• College Diploma or Bachelor’s degree in Accounting, Finance, Business Administration or a related field.
• 3-5 years AP experience with high-volume transactions
• Experience in a medium to large manufacturing or distribution environment.
• Proficiency in accounting software (preferably Oracle ERP and SAP Concur) and advanced Microsoft Excel skills.
• In-depth knowledge of accounting principles, processes, and accounts payable best practices.
• Exceptional attention to detail and organizational skills.
• Excellent analytical and strong problem-solving skills with the ability to identify issues, evaluate alternatives, and implement effective solutions in a timely manner.
• Ability to prioritize and manage multiple tasks in a dynamic, deadline-driven environment.
• Effective communication and interpersonal skills.
• Ability to work both independently and collaboratively
• Capable of embracing diversity and equity to ensure they contribute to a respectful and inclusive workplace

Responsibilities

• Enter high volume of supplier invoices.  Ensure that these match purchase orders and receipts. Accuracy and strong attention to details is required.
• Schedule and process payments via EFT, ACH, wires or checks according to supplier terms.  Create payment batches and text files for bank upload.  Ensure that payments are processed on time to avoid penalties or interest and prioritize discounts available.
• Set-up supplier banking details accurately.  Verify supporting documents and confirm banking details for new suppliers and suppliers that have not been for an extended period (a year).
• Review and approve employee T&E reports through Concur.  Ensure compliance with company policies and procedures.
• Review completeness of credit card receipts and enter spending in the AP system.  Ensure compliance with company policies and procedures.
• Record & clear payments in Oracle for payments made on bank site as per bank statement transactions
• Clear direct payments, on-line banking, and intercompany transactions from the bank statements
• Follow-up Invoices on Hold on a regular basis and coordinate resolution with cross functional departments.
• Support process improvements initiatives (DPO targets, cash flow improvements and AP automation)
• Establish strong relation with vendors and suppliers, manage inquiries and resolve disputes effectively and professionally.
• Coordinate with Purchasing, Receiving and cross functional departments to resolve discrepancies.
• Reconcile supplier statements periodically and resolve discrepancies on a timely basis
• Support month-end and year-end close activities including accrual entries
• Generate AP reports (trial balance, AP aging)
• Reconcile AP accounts and accruals
• Support Internal Control process implementation
• Support external audit requirements
• Support AR functions (Billings & Cash Application)
• Prepare ad hoc reports and analysis for management as required.
• Other responsibilities as assigned

Benefits

• Competitive compensation and performance-based bonus
• Generous employer-matched retirement savings plan
• Three weeks of paid vacation, plus paid holiday shutdown
• 100% employer-paid health and wellness benefits, including: o Medical, dental, vision, and prescription coverage o Health Care Spending Account (HCSA) & Personal Spending Account (PSA) o Life, AD&D, and disability insurance, with optional enhancement
• Summer hours program
• Education reimbursement
• Seniority recognition
• Access to Spark LMS for continuous learning and development
• A safe and fun working environment where we celebrate our milestones.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level