Accounts Payable Specialist

Posted 18 Days Ago
Be an Early Applicant
Markham, ON, CAN
In-Office
50K-63K Annually
Mid level
Professional Services • Utilities • Industrial • Manufacturing
The Role
Responsible for full accounts payable cycle: high-volume invoice data entry and matching, weekly disbursements (cheque/EFT), vendor account management, month-end reconciliations, cost coding, responding to inquiries, cashflow prioritization, and support for year-end accruals and audits.
Summary Generated by Built In

JOB TITLE: Accounts Payable Specialist
JOB STRUCTURE:
Full-Time, Permanent -Hybrid 
LOCATIONS: Markham On, 

ABOUT THIS CAREER OPPORTUNITY

Black & McDonald’s Accounting and Finance team is growing! If you are committed and collaborative professional looking to contribute to a hard-working, innovative team, this opportunity is for you.

Black & McDonald Limited is actively seeking an Accounts Payable Specialist located in Markham, Ontario  to ensure timely and accurate posting and payment of accounts payables and general clerical duties such as posting of material transfers, filing, etc. You will have the confidence to own these responsibilities and ensure that the full A/P cycle is completed each month. Duties and responsibilities include but are not limited to:

  • Accurate data entry and posting of high-volume invoices (i.e. PO, subcontract and non-PO)
  • Ensuring invoices match purchase orders (2- and 3-way match)
  • Ensure discounts are taken
  • Obtaining approval of invoices prior to payment (i.e. employee expenses)
  • Process weekly disbursements (i.e. cheques / EFT / online payments)
  • Complete detailed cost coding of vendor invoices in excel format
  • Responding to internal & external inquiries within 48 hours
  • Accounts payable days at 45 days or more
  • Monthly general ledger and subledger reconciliation
  • Manage all vendor accounts; reconcile vendor statements
  • Review, input and process bill payments on a timely basis
  • Responsible for maintaining a schedule of accounts payable to ensure that bill payments are prioritized for cashflow management
  • Reviews and processes accounts payable transactions accurately and timely, ensuring proper procedures are followed and deadlines are met.
  • Communicates with vendors and internal customers, when necessary, to correct and modify invoices/payments
  • Assist with administrative duties as assigned
  • Assist with year-end accruals and audits

COMPETENCY REQUIREMENTS

  • Communicates Effectively
  • Holds Self and Others Accountable
  • Problem Solving and Innovation
  • Teamwork and Collaboration
  • Values and Respects Others
  • Maximizes Business Performance and Team Effectiveness

EDUCATION REQUIREMENTS

  • Degree or Diploma in an accounting related field.

WORK EXPERIENCE REQUIREMENTS

  • 3-5 years’ experience in Accounts Payable profession

SKILLS, ABILITIES, AND OTHER REQUIREMENTS

Advanced user of:

  • MS Excel
  • JD Edwards or an Oracle-based ERP system is considered an asset
  • Proven ability to handle high volume (100 invoices/day), meet deadlines, and prioritize workload

This is a full-time position with an annual salary range of $50,000 to $63,000. The starting salary will be determined based on the candidate’s experience, education, and overall competencies

Black & McDonald welcomes and encourages applications from persons with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the recruitment and selection process.

#LI-RM1

Skills Required

  • Degree or Diploma in an accounting related field
  • 3-5 years experience in Accounts Payable
  • Advanced proficiency in MS Excel
  • Proven ability to handle high volume (around 100 invoices/day), meet deadlines, and prioritize workload
  • Experience with JD Edwards or Oracle-based ERP systems
  • Experience with 2- and 3-way invoice matching and cost coding of vendor invoices
  • Experience performing monthly general ledger and subledger reconciliations and vendor statement reconciliations
  • Ability to process weekly disbursements (cheques/EFT/online payments) and manage accounts payable schedule for cashflow
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The Company
6,800 Employees
Year Founded: 1921

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