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Accounts Receivable Associate - Toronto - Temporary

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Date: Jul 8, 2021

Location: Toronto, ON, CA

Company: LifeLabs

About Us

At LifeLabs, we are focused on our vision of empowering a healthier you!  We are the largest community diagnostics laboratory in Canada with over 350 collection centres, 16 laboratories and service over 20 million patients each year.  
 

Agile, Customer-centred, Caring, Teamwork - We live our values every day in what we do to help our patients and healthcare providers.  With over 6,000 employees, we all make a difference and that’s why our people are so important to us.  
 

This is an exciting time to join our LifeLabs team, grow your career with us and support numerous business initiatives, innovations, best practice and business development opportunities.
 

Reporting to Manager, Accounts Receivable. The Accounts Receivable Associate is responsible for the full Accounts Receivable cycle, which includes, billing and revenue recognition, reconciliations and resolving any issues related to incorrect or outstanding payments, collections, and applying customer’s payments.

 

Core Accountabilities:

 • Accounts Receivable daily tasks and responsibilities:

  • Reporting, reconciliations and analysis: - Produce financial and management reports. - Assist in general financial management and analysis.
  • Billing and revenue recognition: - Maintain billing system, generate invoices and account statements.
  • Back Office, investigation and problems resolution. - Investigate and resolve any irregularities.
  • Collections: - Contact overdue customers for payment. - Handle all incoming billing phone.
  • Cash Application: - Apply cash as per customer’s instructions.

 

• Minimize / eliminate unapplied cash. Integration of other systems with Oracle Cloud

• Escalate issues to Team Lead and / or Managers, suggesting solutions and preventive measures as well as recommend areas for improvement.

• Cooperate and clearly communicate in a timely manner with different stakeholders (Answer questions and requests)

 

Minimum Hiring Requirements:

University degree with 1-2 years work experience or College diploma with 3-4 years work experience.

• Understand the AR impact on the Organization financial health.

• Understand the accounting principles and practices, invoicing and processing of payments.

• Background in Healthcare industry is considered an asset.

• Knowledge of Microsoft Office.

• Willingness to adapt to and learn different ERP systems.

• Strong attention to detail with a high degree of accuracy.

• Strong communication, customer service and interpersonal skills with the ability to develop and maintain effective relationships with clients and co-workers.

#LI-SV1#indeed 

LifeLabs is committed to building an inclusive environment and will provide accommodations in accordance with the AODA – Accessibility for Ontarians with Disabilities Act. Please indicate in your application any accommodations you will require throughout the recruitment process.  Alternatively please contact our corporate offices main line to be directed to a member of the Talent Acquisition team at  (416) 675-4530. 

 


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