Finance Operations Coordinator(Cash Management)

Finance Operations Coordinator(Cash Management)

The Finance Operations Coordinator(Cash Management) is a crucial role within our finance team, responsible for managing and overseeing the cash application and reconciliation processes. This role ensures that payments are accurately processed, payments are correctly posted, and inquiries are promptly resolved. The Finance Operations Coordinator(Cash Management) will work closely with various departments to maintain the integrity of our financial records and contribute to process improvements.

Responsibilities

• Perform daily balancing on payment uploads and Symcor mail payments.
• Process cheques and wires from multiple banks and post payments to various AR systems.
• Investigate and resolve payment inquiries from various AR systems.
• Review payments in suspense accounts from various AR systems and transfer to correct accounts.
• Review and action on un-processable items sent back from Symcor.
• Create payment upload files by compiling intercompany transfers and payment posting requests.
• Maintain the group's mailboxes and provide guidance on payment-related issues to various business groups.
• Work with the Cash Accounting group for balancing transfers between various AR systems.
• Identify opportunities for process improvements and policy updates where necessary.
• Involvement in projects as required.
• Ad hoc reports or special analysis as required.

Requirements

Required Skills

• Undergraduate or Graduate Degree in Business, Finance, or a related discipline.
• Tech savvy with excellent working knowledge of Microsoft Excel and Microsoft Access.
• 1 to 3 years of progressive work experience.
• Ability to effectively balance multiple job functions and deliver on tight deadlines.
• A team player with strong analytical and problem-solving skills.
• Excellent verbal and written communication skills.

Preferred Skills

• Experience with AS400, Oracle, V21, SGI, and Maestro would be an asset.
• Knowledge in Cash Application, Cash Reconciliation, Accounts Receivable (AR), Payment Processing, Payment Posting, Bank Reconciliation, Cheque Processing, Wire Transfers, Suspense Account Management, Symcor Payments, Payment Investigation, Account Balancing, Intercompany Transfers, Financial Reporting, Data Analysis, Payment Uploads, Payment Investigation, Account Balancing, Intercompany Transfers, Financial Reporting, Data Analysis, Process Improvement, and ERP Systems.