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New Job Posting For Accounting Associate

Position title:   Accounting Associate 

Department:    Finance  

Reports to:   Controller  

Purpose of Position:

To administer the reporting and collection of fees in the Blue Box and MHSW programs ensuring that the process is as seamless, simple and painless as possible for paying stewards.

Principal Duties and Responsibilities:

  • Works closely with customer service staff to ensure that unpaid amounts are identified and managed according to SO policy, and that management is kept informed of issues relating to late payments
  • Informs customer service of invoicing/report errors for programs
  • Reviews billings for correctness
  • Calculates billing adjustments as necessary ensuring proper authorizations, approvals and documentation are in place
  • Ensures that penalties and interest rates are kept updated and are in accordance with current rules
  • Works under direction of Controller to prepare timelines and strategies for effective A/R collection
  • Assesses collectability of current accounts
  • Performs bank reconciliations monthly
  • Reconciles payments and completes account analysis
  • Assists with routine communication to customers
  • Investigates steward queries related to invoicing
  • Backup reception duties as needed


(a)  Internal Relationship

  • Relationships within the organization and purpose

(b)  External Relationships

  • Relationships outside of the organization and purpose


(a)    Internal Relationships

•   Works closely with customer service staff and accounts payable

•   IT support staff

(b) External Relationships

•   Liaises with stewards re: invoicing and payments issues

  • Bank

(c) Decision Making

  • Prioritizing work load i.e. month end/quarter end for payments and identifying where additional help might be needed

Job Specification/Skills:


  • 1 -2 years training in accounting in courses eligible as credits toward an accounting designation


  • 1-2+ years in a small or mid-sized accounting department in A/R or related accounting function


  • Outlook, Microsoft Office
  • General understanding of goals of the accounting function, and the relationship between the roles in the department, with strong, specific knowledge of what is needed to successfully manage A/R.

Personal Attributes:

  • Well-organized,
  • Careful, observant, good attention to detail, commitment to accuracy
  • Friendly and positive attitude
  • Ability to prioritize tasks and plan for peak workloads,

Working Conditions:

  • Uneven workload, with peak periods at quarter-end, year-end, and during annual audit
  • Ability to manage own time with reasonable flexibility outside of peak work periods

Convenient Yonge/St. Clair location

Apply by May 9, 2013, to Germaine Balagot, Human Resources Associate –  – No Phone calls please

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