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Komatsu Treasury Specialist (Accounting Supervisor) in Lively, United States

Treasury Specialist (Accounting Supervisor)

Date: Nov 7, 2024

Location:

Lively, ON, CA, P3Y 1K6

Req ID: 31719

Onsite or Remote: Onsite Position

Job Overview

Are you a finance professional with a passion for accuracy and efficiency? Join our team as a Treasury Specialist and play a crucial role in overseeing and supporting our accounts payable and accounts receivable departments. You will ensure that all financial transactions are processed and reconciled accurately and ethically, maintaining financial controls and compliance with company policies. This role is key to supporting our financial stability and operational efficiency.

Key Job Responsibilities

  • Responsible for reporting of daily Banking Reports, Weekly Cash Forecast, Weekly Hedging Report, Month-End Reporting, Customer Payment History, Intercompany Charges, AP & AR Aging Reports, Vendor Master and Concur Administration.

  • Maintain and control multiple bank accounts.

  • Act as an authorized employee for secured banking with the designated banking institution.

  • Handle wire transfers, foreign currency purchases, EFT, payroll transfers, and letters of credit in multiple currencies (CAD, USD, EUR).

  • Review cash situations and future projections with accounts payable/receivable for weekly cash planning.

  • Establish and maintain new credit limits and payment terms.

  • Administer expense policies and systems.

  • Reconcile monthly lease accelerators.

  • Review customer payment history with accounts receivable personnel to ensure timely payments, identify slow payers or potential bad debts, and take appropriate actions.

  • Prepare month-end journal entries and ensure accounts are balanced with the accounts payable and accounts receivable teams.

  • Analyze and journalize intercompany charges for payroll, benefits, and other expense chargebacks.

  • Review, reconcile, and follow up on AP & AR aging reports weekly.

  • Review and approve vendor master additions and change requests and confirm vendor communications regarding address or banking information updates.

Qualifications/Requirements

  • Bachelor's degree or diploma in Commerce, Finance, or Accounting.

  • Minimum of 5 years of experience in broad financial accounting practices.

  • At least 2 years of experience supervising and leading team members.

  • Strong knowledge of accounting principles and practices.

  • Advanced knowledge and experience with Microsoft Excel, accounting software, and financial ERP systems.

  • Excellent verbal and written communication skills, interpersonal skills, and problem-solving abilities.

  • High level of self-initiative, decision-making, and ability to multitask with accuracy.

Additional Information

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