• Accounts Receivable Administrator

    Location CA-ON-Toronto
    Posted Date 3 weeks ago(10/30/2018 4:32 PM)
    ID
    202279
    Category
    Finance and Accounting
  • Overview

    About Aramark
    Aramark (NYSE: ARMK) proudly serves Fortune 500 companies, world champion sports teams, state-of-the-art healthcare providers, the world’s leading educational institutions, iconic destinations and cultural attractions, and numerous municipalities in 19 countries around the world.  Our 270,000 team members deliver experiences that enrich and nourish millions of lives every day through innovative services in food, facilities management and uniforms. We operate our business with social responsibility, focusing on initiatives that support our diverse workforce, advance consumer health and wellness, protect our environment, and strengthen our communities.  Aramark is recognized as one of the World’s Most Admired Companies by FORTUNE, as well as an employer of choice by the Human Rights Campaign and DiversityInc. Learn more at www.aramark.com or connect with us on Facebook and Twitter.

     

    Description

    Position Description:

    We are currently recruiting for an Accounts Receivable role that reports to the AR-, Team Lead and will be responsible for Collections and Accounts Receivable related functions.

     

    The incumbent will be responsible to provide financial and administrative services to ensure efficient, timely and accurate collections and payment of accounts,

    • Responsible for accurate and timely collection of all accounts in adherence with Aramark Accounts Receivable Policy on overdue accounts
    • Play a critical role in ensuring sales are translated into cash on a timely basis including invoicing, collections, payment applications, and identification and resolution of deviations
    • Oversee and maintain accuracy of periodic service billings and generation of special customer billing requests
    • Define and execute resolution of issues and escalations while displaying a strong problem solving methodology where applicable
    • Prioritization of best practices with the focus of reducing +60 days outstanding % and bad debt reserve balances
    • Provides clear communication to the key stakeholders  (including market centers, customers, AR Team Lead and Finance Manager). Develop and demonstrate continuous improvement for strategy, best practices, and ideas for improving the efficiency and performance of our customer accounts and systems

    Required:

    • Finance / Accounting degree, or equivalent with AR experience
    • Proven track record of collections to reduce bad debt reserves
    • Familiarity with AR concepts including aging reports, bad debts, days-sales-outstanding (DSO) and audit confirmations
    • Conceptual understanding of the revenue process including: timing of revenue entries, sales posting concepts and utilization of various B2B systems.
    • Self-management and motivation resulting in the ability to function in a high paced environment to drive results
    • Knowledge of Microsoft Office applications (i.e. Outlook, Excel, Word). Knowledge of salesforce.com is an asset
    • Self motivated, intuitive, decisive with a passion for collections functions

     

     

    Qualifications

    • Excellent written and oral communication skills
    • Excellent organizational skill
    • Able to work unsupervised
    • Demonstrates initiative
    • Motivated, intuitive, decisive, confident
    • Strong technical accounting knowledge
    • Able to gain respect of members of department/operations

    Accommodations for job applicants with disabilities are available upon request.

    Apply for this job

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed

    Connect With Us!

    Not ready to apply? Connect with us for general consideration.