About this role
Reporting to and supporting the Controller and team of four, the Accounting Associate is responsible for the day to day accounting and financial reporting.
Specific Responsibilities:
• Manage the end-to-end Order-to-Cash (O2C) process from invoicing through collection and cash application. • Ensure timely and accurate customer invoicing, EDI uploads, and invoice distribution. • Prepare and distribute weekly customer Statements of Account (SOAs). • Monitor Accounts Receivable aging, overdue accounts, and collection activities to improve cash flow and reduce DSO. • Resolve billing disputes, deductions, chargebacks, and account discrepancies. • Perform customer account reconciliations and maintain accurate AR records. • Review customer credit limits, exposure, payment trends, and credit risk; recommend corrective actions and support month-end and year-end credit reviews. • Process cash applications, credit notes, rebates, and AR adjustments. • Prepare monthly Accounts Receivable and sales reconciliations and investigate variances. • Analyze collectability of customer accounts and support bad debt provisioning and write-off recommendations. • Prepare daily bank position reports and monthly bank reconciliations. • Prepare and maintain a rolling 13-week cash flow forecast. • Support cash management and working capital optimization. • Collaborate with Sales, Operations, and Supply Chain teams to improve cash flow forecasting and working capital performance. • Support external audits and ensure compliance with internal control requirements. • Drive automation, ERP enhancements, and continuous improvement initiatives to increase efficiency, strengthen controls, and improve invoicing, collections, cash application, reconciliations, and reporting. • Process EFTs and vendor payments (CAD/USD). • Maintain banking records and resolve payment-related issues. • Assist the Controller with customer meetings, collection escalations, and other finance-related initiatives. • Support month-end and year-end close processes, reconciliations, and reporting requirements.
Education Required:
• Bachelor?s degree in Accounting, Finance or Business required • CPA designation or actively pursuing designation.
Experience required:
• 5-8 years of experience in Finance, Credit, Accounts Receivable, or Working Capital Management. • Experience in manufacturing, automotive, industrial, or distribution environments preferred. • ERP experience required; JD Edwards preferred.
About DBG Canada:
DBG has been providing our Partners/Customers with manufacturing solutions for over 49 years. In 1976, Joe De Biasi started operations as a Tool and Die Manufacturer when he opened a small, 4-person company called De Biasi Tool and Machine Limited. Five decades later, that company has transformed into DBG ? The De Biasi Group. Today, DBG is made up of 5 facilities located in Canada, USA and Mexico supplying major OEMs with stamped, fabricated, assembled, and sequenced products and services.