Working Capital Analyst

Job title:

Working Capital Analyst

Company

Peoplesource

Job description

Industry: LogisticsEducation: University Degree or College DiplomaCompensation $: 60-65KOverview:The Finance Department Limited (TFDL) specializes in the Strategic Placement of Accounting & Finance Professionals on a Contract or Permanent basis. For over 25 years, TFDL has been successfully servicing a select group of clients, providing them with the best Intermediate-to-Senior level talent in the industry. (BMH3xR1)Our client is looking for an accounting professional to join their team. The Regional Working Capital Analyst is responsible for overseeing and managing the cashflow position and credit risk for the Region. The analyst is to work closely with the Controllers and the AR/AP management in order to effectively provide the visibility and proactively manage the cash position of the companies as well as ensuring the risk is minimised. This role reports to the Regional AR & Credit Manager.Responsibilities:Oversee credit application management and Accounts Receivable insurance coverage applicationsCreation of Master data updates (Including Sales Assignments)Ensure CAM is updated and aligns to SAPEnsure timely reporting to insurance on delinquent accountsLiaise and work with insurers/broker to ensure we have the correct cover in place and premiums are calculated based on correct TurnoverEnsure timely resolution and visibility of accounts handed over to collections agencies/lawyersCreate and Review AR/AP aging report regularly and escalate delinquent accounts as requiredEnsure DSO/DPO reporting is in place and necessary steps are taken to continuously improve and maximize cashflowEnsure accuracy of DSO/DPO Qlik reportingDaily, Weekly and Monthly cash reportingProvide weekly cashflow forecasts based on historical trends and planned process improvementsWork closely with country controllers and AR/AP management to ensure alignment on the output delivered and understand variance to cashflow forecastsMaintain a close working relationship and alignment with AR/AP Managers/Supervisors ensuring that team KPI’s are monitored and met on a weekly/ monthly/quarterly basisDevelop, implement, and maintain internal control processes and ensure these are all documented and regularly reviewed/updated (at a minimum every 6 months)Work collaboratively with all internal and external stakeholders to ensure Accounts Receivables and Accounts Payables expectations are clearly defined and understood by allProactively monitor and supervise payment cycles to avoid delinquency of accounts or early payments and highlight issues to managementAssistance through Audits (AR/AP/Cashflow related)Sales Commission calculationsMonthly AFDA calculationsBackup support for AR/AP management when on vacationOther tasks as assignedQualifications:University business degree or college diploma3+ years of experience in a finance related roleExperience with overseeing and training staff would be beneficialSome knowledge of debt insurance would beneficialSome knowledge of cost and financial accounting conceptsEffective oral and written communicator and not afraid to reach out to stakeholders when neededAbility to think critically, problem solve, and develop new processesBoth a team player and a team leader, no task is below responsibilitiesExperience with accounting ERP systems (SAP is a plus)Excellent excel capabilities with extensive knowledge of shortcuts, conditional formulas, pivot tables, and ability to semi-automate excel spreadsheetsAbility to work under tight deadlinesHigh attention to detailExceptional interpersonal & customer service skillsHighly organizedAbility to travel to US and Columbia, if requiredBilingual (English & Spanish) would be an assetExcellent communication skills (verbal and written)

Expected salary

Location

Mississauga, ON

Job date

Fri, 28 Jun 2024 04:14:46 GMT

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