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Payment Specialist

    • Markham, Ontario
  • puuhr

Job description

Our team has a 12-month contract opening for a Payment Specialist.

Responsibilities:

  • Create and maintains Purchase requests (PR) in the system.

  • Maintain, record and update PO and related PO tracking files.

  • Assist in invoicing functions: document management, receipt and acceptance of invoices.

  • Ensure amounts paid are accurate and that all information on invoices is correct according to good accepted/services delivered.

  • Responsible to submit all received invoices to Accounts Payable team.

  • Point of contact with Vendor for Account Payable team.

  • Deliver in-depth analysis of key payment drivers, variances, diagnose root causes of cross-functional issues, and provide actionable recommendations to enhance billing and payment efficiency.

  • Analyze department procedures to identify opportunities for streamlining processes.

  • Proactively escalate payment-related operational issues, collaborating with relevant departments to facilitate resolution and ensure timely, accurate payments.

  • Monitor all vendor payment agreements. Reconcile vendor statements, research and analyze discrepancies and correct them.

  • Conduct thorough audits and process with attention to detail and accuracy.

  • Office admin document filing and updating to support financial reports.

Job requirements

What you'll bring to the team:

  • Post-Secondary Diploma in Business Administration, financial, or relevant discipline.

  • 2+ years of relevant experience in office administration.

  • Strong English communication skills.

  • Proficient computer skills with Microsoft Office Suite (Word, Excel, PowerPoint).

  • Demonstrated organization and time-management skills.

  • Strong knowledge of financial procedures and practices.

  • Keen attention to details.

  • Resourceful and flexible.

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