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Overview
Administers all aspects of the cash application function. Ensuring timely and accurate posting of payments and internal A/R Adjustments. Posts customer remittances and/or intercompany payments, effectively clearing accounts receivable.
Balances and/or allocating charges to proper G/L accounts. If required, prepares and electronically transmits the daily bank deposit or brings specific deposits to the Bank Branch on rare occasions. Reconciles daily to ensure funds received balance with funds posted from each payment source in the absence of the Corp Credit Coordinator and assists the Assistant Manager, Credit, Corporate Credit Manager with any other duties assigned.
This is a full-time position.
The position is hybrid. Any office-based work will be performed from our Mississauga office at Ambler Drive.
Responsibilities
Batches, and applies customer remittances to outstanding receivable balances in various currencies from multiple payment sources in SAP. Consults with customers, PCI credit and accounting staff regarding missing, inaccurate, or questionable remittance details to ensure proper posting.
Where applicable prepares/submits reconciliations of accounts receivable balances along with associated support documentation, and adjusting journal entries to Accounts Receivable management for approval.
Ensures proper saving/ storage of all relevant source documentation for audit purposes and that which is used by the Corporate Credit Coordinator for daily balancing. Posts and saves for audit purposes ongoing recurring and approved A/R adjustments submitted through perfect forms. In the absence of the Corp Credit Coordinator reconciles, prepares, and distributes relevant Daily Balancing report from SAP to all internally concerned parties.
Processes credit card payments for customers, employee purchases or regularly recurring monthly customer charges as required.
Safely stores and secures postdated cheques received and to be deposited later.
Cross trains with other Accounts Receivable staff in order to assist with workload, or to fill in as needed in the event of absence.
Assists Accounts Receivable management with special projects and month end closing as required. Maintains the usage and security of the department credit card terminal and safely secures/ stores postdated or undeposited cheques.
Qualifications
High School Graduation with two to three years office experience. An acceptable equivalent would be a one-year Community College certificate or diploma in accounting, and minimal work experience.
Basic knowledge of Microsoft Office.
Problem solving is routine where the procedures conform to well defined company polices. Reconciliations, and journal entries require selecting a solution from clear alternatives.
Interpersonal skills required are minimal contact with others when posting and preparing required documentation.
The collection of cheques or cash from various sources will require the courteous giving and receiving of information.
Rapport is required when dealing with other internal credit staff.
NICE-TO-HAVES:
BENEFITS & PERKS – WHAT’S IN IT FOR YOU:
Panasonic Canada prioritizes total wellbeing. We offer a wide variety of benefits and programs to support your physical, emotional, financial, social, and environmental health.
Comprehensive Medical, Dental and Vision Coverage with a Health Spending Account
Panasonic Retirement Pension Plan (RPP/DCPP)
Group Retirement Savings Plan (RSP)
Generous Parental Leave Top Up
Education Assistance Program/ Tuition Reimbursement
Employee Purchase Program
Employee & Family Assistance Program (EFAP)
Competitive Rates on Home and Auto Insurance
Employee Volunteer Program – Paid Time Off for Volunteer Days
Onsite Events!
And many more benefits & perks
HYBRID WORK MODEL
Panasonic Canada Inc. supports a hybrid work model. We understand that flexibility is essential for employees to do their best work while also balancing personal and life needs. Employees can expect to be in the office for a variable number of days per week based on the needs of the business unit, while having the ability to also work remote.
Panasonic Canada Inc. offers a Flexible Work Options policy which includes the ability to work remote, mobile, and create a compressed work schedule.
WHO WE ARE:
Meet Panasonic (https://careers.na.panasonic.com/sites/default/files/2023-04/Panasonic%20Talent%20Brand%20Book%202023.pdf) ! Panasonic Canada Inc., a subsidiary of Panasonic Corporation of North America, is a leading provider of Consumer Lifestyle technologies, as well as innovative Smart Mobility, Sustainable Energy, Immersive Experiences, and Integrated Supply Chain solutions for its business and government clients. Panasonic is creating technologies that move us (https://www.youtube.com/watch?v=h-x_hDfMqb0) .
At Panasonic Canada, we do more than just offer great products and solutions. We pride ourselves in promoting gender and culture equality, as well as encouraging personal growth and success to elevate our 350+ employees to their full potential. Their passion has been one of the driving forces behind our success for more than 100 years.
HOW TO APPLY
Please include a PDF copy of your current resume.
DIVERSITY, EQUITY, & INCLUSION AT PANASONIC CANADA, INC.
In order to drive our business to continued heights, our business practices and our contribution to society must be rooted in diversity, equity, and inclusion. We foster an environment in which everyone is able to share their voice and talents, in a safe space, where they have the opportunity and resources to fully realize their potential. We are therefore committed to developing and realizing programs, tools and processes that ensure a diverse, equitable and inclusive environment for our employees.
AODA POLICY
Panasonic Canada Inc. has an accommodation process in place and provides accommodations for job applicants with disabilities as appropriate. Assessment and selection materials and procedures can be made available in accessible formats and methods as appropriate. If you require a specific accommodation because of disability or medical need, please let us know when selected to take part in our recruitment process so that reasonable arrangements can be made for the appropriate accommodations to be in place as you move through our process.
Only candidates selected for an interview will be contacted.
We thank you for your interest in working for Panasonic Canada Inc.
REQ-147013