DBG Canada
Financial Analyst
Mississauga, Ontario•Full-time
CA$60,000 - CA$70,000 annually
CA$60,000 - CA$70,000 annually
About the Job
Reporting to and supporting the Controller and team of four, the Accounting Associate is responsible for the day to day accounting and financial reporting.
Specific Responsibilities:
- Manage the end-to-end Order-to-Cash (O2C) process from invoicing through collection and cash application.
- Ensure timely and accurate customer invoicing, EDI uploads, and invoice distribution.
- Prepare and distribute weekly customer Statements of Account (SOAs).
- Monitor Accounts Receivable aging, overdue accounts, and collection activities to improve cash flow and reduce DSO.
- Resolve billing disputes, deductions, chargebacks, and account discrepancies.
- Perform customer account reconciliations and maintain accurate AR records.
- Review customer credit limits, exposure, payment trends, and credit risk; recommend corrective actions and support month-end and year-end credit reviews.
- Process cash applications, credit notes, rebates, and AR adjustments.
- Prepare monthly Accounts Receivable and sales reconciliations and investigate variances.
- Analyze collectability of customer accounts and support bad debt provisioning and write-off recommendations.
- Prepare daily bank position reports and monthly bank reconciliations.
- Prepare and maintain a rolling 13-week cash flow forecast.
- Support cash management and working capital optimization.
- Collaborate with Sales, Operations, and Supply Chain teams to improve cash flow forecasting and working capital performance.
- Support external audits and ensure compliance with internal control requirements.
- Drive automation, ERP enhancements, and continuous improvement initiatives to increase efficiency, strengthen controls, and improve invoicing, collections, cash application, reconciliations, and reporting.
- Process EFTs and vendor payments (CAD/USD).
- Maintain banking records and resolve payment-related issues.
- Assist the Controller with customer meetings, collection escalations, and other finance-related initiatives.
- Support month-end and year-end close processes, reconciliations, and reporting requirements.
Education Required:
- Bachelor’s degree in Accounting, Finance or Business required
- CPA designation or actively pursuing designation.
Experience required:
- 5-8 years of experience in Finance, Credit, Accounts Receivable, or Working Capital Management.
- Experience in manufacturing, automotive, industrial, or distribution environments preferred.
- ERP experience required; JD Edwards preferred.