Accounts Payable Specialist
Mississauga, ON, Canada
Full Time
Mid Level
Position Overview
As our Accounts Payable Specialist, you will manage day-to-day accounts payable functions. On a daily level, you will be responsible for entering and paying invoices, processing vendor credit notes, and performing thorough monthly invoice-to-statement reconciliations. This role requires exceptional analytical skills, a deep understanding of standard accounting credits, and the ability to spot variances in a fast-moving environment.
Working Conditions & Schedule
·Environment: Professional, bustling commercial office environment.
·Hours: 40 hours per week.
·Shift: Day shift.
·Days: Monday to Friday.
·
Key Responsibilities
·Invoicing & Payments: Enter, code, and process payments for high-volume inventory, part vendor, and overhead invoices accurately and efficiently.
·3-Way Matching: Perform rigorous 3-way matching across purchase orders, proof of delivery receipts, and vendor invoices to ensure line-item data perfectly aligns with final payment amounts.
·Vendor Credit Notes: Process, track, and apply vendor credit notes to ensure accurate balances across all accounts and offset open payables appropriately.
·Statement Reconciliation: Perform comprehensive monthly invoice-to-statement reconciliations for major tire manufacturers and parts distributors to identify discrepancies, short-pays, or missing credits.
·Broker & Service Labor Reporting: Prepare and review monthly financial reporting for our service brokers to ensure they are accurately compensated for the service labor they perform on our behalf.
·Issue Resolution: Work directly with vendors and internal Scotia Tire and Alignment Services Ltd. staff to investigate and efficiently resolve vendor invoice or payment issues.
·
Qualifications & Skills
·Experience: 2+ years of Accounts Payable or full-cycle accounting experience. Experience in a high-volume tire shop, emergency roadside service provider, automotive center, or parts distributorship is a massive plus.
·Matching & Reconciliation Skills: Proven experience with 3-way matching protocols and tracing credit trails across vendor accounts.
·Financial Reporting: Strong capability to pull and verify monthly data for external partner or contractor payouts.
·Mathematical Accuracy: Exceptional data entry skills with an ability to trace pennies across high-dollar, multi-line vendor statements.
·Software Skills: Proficiency in Excel and accounting or specialized tire shop point-of-sale software.
·Resilience: Comfortable managing a high volume of transactions in a bustling, commercial office environment.
·
What We Offer
·Competitive salary of $55,000 - $62,500 per year.
·Comprehensive benefits package (Medical, Dental, Vision).
·Stable, year-round work with a successful, growing local team.
As our Accounts Payable Specialist, you will manage day-to-day accounts payable functions. On a daily level, you will be responsible for entering and paying invoices, processing vendor credit notes, and performing thorough monthly invoice-to-statement reconciliations. This role requires exceptional analytical skills, a deep understanding of standard accounting credits, and the ability to spot variances in a fast-moving environment.
Working Conditions & Schedule
·Environment: Professional, bustling commercial office environment.
·Hours: 40 hours per week.
·Shift: Day shift.
·Days: Monday to Friday.
·
Key Responsibilities
·Invoicing & Payments: Enter, code, and process payments for high-volume inventory, part vendor, and overhead invoices accurately and efficiently.
·3-Way Matching: Perform rigorous 3-way matching across purchase orders, proof of delivery receipts, and vendor invoices to ensure line-item data perfectly aligns with final payment amounts.
·Vendor Credit Notes: Process, track, and apply vendor credit notes to ensure accurate balances across all accounts and offset open payables appropriately.
·Statement Reconciliation: Perform comprehensive monthly invoice-to-statement reconciliations for major tire manufacturers and parts distributors to identify discrepancies, short-pays, or missing credits.
·Broker & Service Labor Reporting: Prepare and review monthly financial reporting for our service brokers to ensure they are accurately compensated for the service labor they perform on our behalf.
·Issue Resolution: Work directly with vendors and internal Scotia Tire and Alignment Services Ltd. staff to investigate and efficiently resolve vendor invoice or payment issues.
·
Qualifications & Skills
·Experience: 2+ years of Accounts Payable or full-cycle accounting experience. Experience in a high-volume tire shop, emergency roadside service provider, automotive center, or parts distributorship is a massive plus.
·Matching & Reconciliation Skills: Proven experience with 3-way matching protocols and tracing credit trails across vendor accounts.
·Financial Reporting: Strong capability to pull and verify monthly data for external partner or contractor payouts.
·Mathematical Accuracy: Exceptional data entry skills with an ability to trace pennies across high-dollar, multi-line vendor statements.
·Software Skills: Proficiency in Excel and accounting or specialized tire shop point-of-sale software.
·Resilience: Comfortable managing a high volume of transactions in a bustling, commercial office environment.
·
What We Offer
·Competitive salary of $55,000 - $62,500 per year.
·Comprehensive benefits package (Medical, Dental, Vision).
·Stable, year-round work with a successful, growing local team.
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