About this role
*Company Overview:*
Banyan is a not-for-profit organization that has provided quality services to the youth justice, children, and senior`s community support sectors since 1978. Banyan is committed to improving the mental, physical, and social well-being of at-risk populations in our service areas of Hamilton, Niagara, Brant, Haldimand, Norfolk, and Wellington.
*Position Summary:*
* Reporting to the Director of Finance & Administrative Services and working in accordance with Banyan?s policies, practices, and procedures, the Junior Accountant is responsible for the timely and accurate administration of accounts payable and assigned accounting functions, while providing support to the Finance and Administrative Services team * The role supports the organization?s financial operations through transaction processing, vendor and payment administration, reconciliations, journal entries, month-end and year-end close activities, financial reporting support, budgeting support, and maintenance of accurate financial records and documentation. The Junior Accountant also provides coordination and administrative support for corporate services, including fixed assets, fleet, equipment, and facilities. * The Junior Accountant is also responsible for the financial administration of the Grocer-Ease program, including processing accounting transactions and maintaining related financial records, reports, and supporting documentation for internal and external stakeholders. * The position plays an important role in maintaining accurate financial information, supporting effective internal controls, meeting established financial timelines, and providing responsive service to internal and external stakeholders.
*Position Responsibilities:*
ACCOUNTS PAYABLE & VENDOR MANAGEMENT
* Receive, code, obtain electronic approval, and enter invoices into the accounting system in accordance with established policies and procedures. * Prepare and process bi-weekly EFT and cheque payments and ensure timely and accurate disbursement. * Prepare monthly Accounts Payable reconciliations and investigate and resolve discrepancies. * Maintain accurate and up-to-date vendor files, records, and account information. * Communicate with vendors and internal stakeholders to resolve invoice, payment, and account-related inquiries. * Assist with establishing and maintaining preferred suppliers to support favourable pricing and purchasing practices. * Administer and reconcile petty cash. * Administer corporate credit cards, including adding and removing cardholders, adjusting credit limits, obtaining statements, and coordinating monthly reconciliations. * Prepare monthly, quarterly, and ad hoc invoices for reimbursement and other receivable requirements. * Receive, record, and process bank deposits and EFTs in accordance with established procedures.
FINANCE
* Accurately process financial transactions in Business Central, including accounts payable, accounts receivable, expenses, revenues, receipts, and other accounting entries. * Maintain complete, accurate, and organized financial records and supporting documentation. * Prepare monthly bank and corporate credit card reconciliations, investigate discrepancies, and ensure transactions are appropriately supported, coded, and recorded. * Assist with maintaining the general ledger and prepare and post routine and standardized journal entries in accordance with established procedures and approvals. * Support monthly and year-end financial close activities, including assigned reconciliations, accruals, schedules, working papers, and other close requirements. * Compile financial information, account summaries, schedules, and supporting data for monthly, quarterly, and annual financial reporting. * Monitor and reconcile assigned cash and expense transactions and prepare expense summaries and supporting information for financial review. * Support budgeting activities by collecting and entering financial information, monitoring actu