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Form of workVenture outside the ordinary - TMX Careers
The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we're connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.
Ready to be part of the action?
Reporting to the manager of Manager, Accounts Payable and Billing, this role of Accounts Payable and Accounts Receivable Analyst will be responsible in assisting the day to day operations of Accounts Payable and Accounts Receivable within the Transaction Services team for TMX Group and its subsidiaries.Key Accountabilities:
Accounts Payable
Ensure timely and accurate (PO/Non-PO) invoice and payments processing for vendors and employee expenses for all TMX entities
Review all payments for accuracy; proper payment method and correct currency
Ensure proper controls and checks in place to accurately identify and apply sales tax/self-assessment
Strong knowledge of Purchase Order process (receiving; matching)
Maintain and update New Vendor creation process and controls
Maintain incoming AP mail and AP email inbox
Cash Application
Prepares weekly bank deposits (U.S., Canadian dollars); record invoices paid, details of deposit and apply payment to A/R system
Review and apply cash on account. Follow up with customers/collections to verify where cash should be applied when no backup is supplied with payment
Process company write-offs on an as-needed basis
Provides administrative support including backup/support to other Finance functions and handles internal and external customer inquiries related to billings, payments, etc.
Collections
Review of AR aging to identify delinquent balances and target areas for priority Collection
Review customer accounts and process customer refunds
Educate customers on payment terms and contractual obligations regarding timely payment of fees & consequences of late/non-payment
Account reconciliations, tracing invoicing & payment history along with allocations, reallocations, cross account allocations & adjustments, often for multiple customer accounts at the same time which may span across Business Lines
Maintain complete and accurate notes on all past due accounts, documenting details of methods utilized to secure payment, and updating customer accounts with all actions taken
Provides administrative support including back-up/support to other Finance functions and handles internal and external customer enquiries related to billings, payments, etc
Billings
Perform set-up, maintenance, workday mapping and updates of Customer Accounts and Sale Items information, provide guidance and recommendation for business units personnel to ensure the configuration of Customer Account Hierarchy and Sales Item Hierarchy are according to the TMX Business standards and aligned with Revenue Category Structure
Reconcile monthly revenue across multiple TMX entities.
Accountable for the system design and architecture of the full-life cycle of billing process flow, from customer account creation, sales item set up to successful issue and delivery of customer invoice and statement
Responsible for Customer Account setup and maintenance in Workday
Must haves:
Minimum 3 - 5 years Accounts Payable and Accounts Receivable experience
Degree/Diploma in Finance, Accounting or Business
Experienced on large ERP system
Advanced knowledge of Excel and G-Suite
Excellent interpersonal and communication skills
Excellent organizational skills and detailed oriented
Nice to haves:
- Workday Financials experience (strongly recommended)
In the market for…
Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.
Connection - With site hubs in some of the world's most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.
Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.
Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger "we". Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!
Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.
Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.
TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.
