Cash Application Clerk (12 month term)

Flexible Work Agreement TypeHybrid / Hybride

Posting End Date2024-11-20

Job GradeATP-4

Pay Range$59,495 - $74,366

Job SummaryThe Cash Application Clerk is responsible for the timely and accurate listing and posting on account from all revenue streams. Incoming receipts are in the form of cheques, credit card payments, lockbox transactions, wire transactions, EFT, wire and internally e-transfers. The Cash Applicator is responsible for verifying the validity of these payments, with respect to date, payee, currency, and amount owing to NAV CANADA. The Cash Applicator is responsible for the timely and accurate deposit of funds to Nav CANADA’s bank on a daily/bi-weekly for cheques basis. Critical to the whole process is the accurate coding of cash receipts. The Cash Application Clerk assists other Accounts Receivable staff in filing, inquiries and other duties as required.

Job Description

What NAV CANADA offers you:

• Challenging, team-oriented work environment
• Competitive compensation and flexible benefits
• Defined benefit pension plan.
• Opportunities for growth and development
• Flexible work arrangements
• Diverse and inclusive workforce

Key Accountabilities:

• Responsible for dealing with large volume of receipts from different revenue streams and large sums of invoices.
• Responsible for the accurate preparation of the Cash Applications and Deposits to the Bank, critical to the whole process is the accurate coding of cash receipts.
• Ensures all cheques received are opened and sorted into CDN and USD amounts from smallest to largest dollar amount and then deposited through RBC Cheque Pro online portal on a bi -weekly basis with visits in office (hybrid work environment)
• Ensure daily integration of TD LOCKBOX and RBC Online is accessed each morning, make corrections to file as necessary.
• Assists the Accounts Receivable staff in dealing with customer inquiries.
• Assists internal departments with posting of ad hoc payments and payments related discrepancies.

Education

• Completion of post-secondary school education in accounting or equivalent combination of education, training, and experience.

Experience:

• ERP financial systems utilizing the Accounts Receivable Cash application modules.
• Ability to conduct research to ensure payments are properly allocated to customer accounts.
• Ensure the administration of financial process of cash application is following and in compliance with internal control processes.

Knowledge:

• Sound knowledge of International Financial Reporting Standards - IFRS
• Knowledge of Lockbox Transmission File policies and procedures for integrations and posting to accounts.
• Knowledge of federal and provincial tax rates and what items are taxable.
• Detailed knowledge on how to process credit card payments through point of sale through various banks.
• Strong knowledge of the roles and responsibilities of the Accounts Receivable, Customer Service and Billing departments.
• Strong knowledge of Excel and Workday Financial System in the cash application module
• Knowledge of Moneris payment website through point of sale.

Abilities:

• Possesses excellent customer service communication skills.
• Attention to detail is imperative.
• Ability to set priorities and perform multiple tasks in a changing environment.
• Ability to communicate effectively both orally and in writing.
• Ability to work as a team member and foster positive work ethics.
• Ability to work independently with large datasets.

Personal Suitability:

• Customer Service focused.
• Detail oriented with strong organizational skills.
• Demonstrates initiative.
• Judgement and discretion.
• Demonstrates a cooperative and collaborative communication style (written and verbal).

Working Conditions:

• This position is based at Ottawa Head Office but may be eligible for a flexible work arrangement.

NAV CANADA is committed to building a skilled, diverse workforce reflective of Canadian society. If you do not believe that you match every job requirement listed on this job posting, we still encourage you to apply. NAV CANADA encourages a culture of learning and growth, and recognizes that although some technical skills are mandatory, many others can be taught.

Our Company strives to create an inclusive and barrier-free selection process and work environment. If you require accommodations during this competition process, please ensure that you inform the interview coordinator or hiring manager of any accommodation measures you may require. NAV CANADA will provide accommodations throughout the recruitment and selection process to applicants with disabilities as required.

The successful candidate must meet the security requirement of the position and be legally able to work in Canada.

We thank all applicants for their interest; only those selected for an interview will be contacted.

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