Accounts Payable Clerk - Jobs in Toronto, ON

Job Description

Company DescriptionFounded in 2017, TripArc is a $750 million privately held company powers the top Travel Agencies and Tour Operators in North America. Our expansive and growing network empowers seamless access to a comprehensive range of travel options and services globally with over $750 million transactions annually - all at the industry’s best rates.As an industry leader in technology, purchasing, finance, HR and marketing, we know how to deliver solutions to travel professionals in the most effective way possible. With deep experience in partnering with two leading brands in the luxury travel space – Kensington Tours and Travel Edge –TripArc has real insight into the needs of tour operators and travel agencies today.TripArcs goals are simple. To make our network of over 1400 travel entities more profitable, efficient and help them create truly unique travel for their clients.Job DescriptionThe Accounts Payable (A/P) position is directly responsible for performing data entry and related duties in disbursing non-payroll accounts payable to individuals, suppliers, corporations, and other entities. This includes maintaining ledgers, credit balances, and account irregularities. The A/P Clerk will also ensure the timely and accurate processing of payment documents such as purchase orders, travel reimbursements, stipends, and any other accounting transactions related to A/P management. This position involves diplomatic interaction to provide billing information and support in order to facilitate daily bank reconciliations.Core Competencies

• Customer Focus
• Communication
• Teamwork
• Quality Orientation
• Problem Solving
• Accountability and Dependability
• Ethics and Integrity

Job Responsibilites

• Collaborate with the Controller or Finance Manager to maintain collection goals and general A/P performance levels.
• Obtain approval for disbursements and ensure that expenditures do not exceed available cash.
• Prepare and fill out payments to third parties, whether by cash, check, credit, and other forms of payment.
• Audits purchase requests for materials, supplies, equipment, and other collateral; verifies that orders are charged to the proper accounts.
• Post and reconcile company payments to general ledgers.
• Review bills to the company for potential errors and/or discrepancies.
• Investigate and resolve billing discrepancies or misapplied cash transactions.
• Post A/P data to profit/loss reports, balance sheets, income statements, and other documentation.
• Review all credit balances, refunds, and adjustments, and apply adjustments and/or corrections to corporate billing records.
• Balance daily A/P batches; prepare and distribute payment reports and statistics to key personnel.
• Ensure the strict confidentiality and privacy of financial records as they relate to the organization and its business partners.
• Form payment strategies to make timely A/P payments and mitigate supplier objections.
• Investigate payment problems while following corporate A/P policies and procedures.

Qualifications

• Bachelors degree in Accounting, Finance, or Business Administration and [2] years of experience, or an equivalent combination of education and experience.
• [1] years direct experience in an A/P capacity.
• Demonstrated ability to accurately calculate, post, correct, and manage accounting figures and financial records.
• Strong knowledge of payment regulations and fair credit practices.
• Must possess a high level of moral judgment for handling confidential information and monetary transactions.
• Experience in gathering data, compiling the proper information, and preparing financial reports.
• Able to perform moderate to complex account reconciliations.
• Strong diplomatic, negotiation, and conflict resolution skills in order to handle late payments and delinquent accounts.
• Basic knowledge of accounting systems, budgets, and internal controls.
• Advanced proficiency with [2] accounting software and spreadsheet programs and applications.
• Effective attention to detail and a high degree of accuracy.
• Strong work ethic and positive team attitude.
• Sound analytical thinking, planning, prioritization, and execution skills.
• Excellent teamwork and team building skills.
• Able to effectively communicate both verbally and in writing.
• Able to build and maintain lasting relationships with other departments, key business partners, and government agencies.
• Strong problem identification and problem resolution skills.
• High level of proficiency with Microsoft Office productivity suite.

Additional InformationCultural Fit

• Thrives working in a technology and KPI driven organization
• Able to thrive in an entrepreneurial environment
• Highly functional in a fast paced, constantly changing workplace - building plans through iterations from learning on what’s working and not working
• Ability to build trust and work through conflict both upwards and downward

We know that our success is dependent on the people who join our team, which is why we recruit the best. Our team is made up of owners; people who are smart, low ego, and who are accountable for their results. We all play a part in the success of the company and are proud of what we do.We thank all candidates for their interest however only those selected for an interview will be contacted. Successful candidates will receive communications from the TripArc Talent Acquisition team, our exclusive recruitment partner.TripArc is committed to providing employment accommodation in accordance with the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act. If you require accommodation due to a disability at any stage of our hiring process, please advise us when completing your application.Quick Apply

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