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Team Lead, Royalties Revenue & Commissions

About the Opportunity

• Manage the Company’s Distributors AR and Commissions processing function, and act as a day-to-day liaison between the company and its distributors
• Oversee the process that allows the Distributors internal email communication in-box to receive timely daily response to all communications, either through a complete resolution or an indication of expected resolution
• Guarantee accuracy, consistency, and timely completion of the Distributors accounts receivable and commission process
• Review Distributors AR accounts to ensure distributors payments are applied to invoices issued, recorded credits are correct for example, represents differences arising from bank fees and foreign withholding tax
• Review Distributor commissions accounts to ensure timely and accurate payments
• Partner with Billing to ensure invoices for all distributor accounts (including intercompany related transactions) are sent to Distributors via email and/or internet portals
• Review the monthly commissions; revenue and receivables entries, including month & year-end journal entries, as deemed necessary to reflect the correct balances for Distributors’ accounts
• Review accounts reconciliations and financial analysis for Distributors and other applicable accounts, as assigned, identifying errors in posting or omissions and ensuring a timely and completed resolution, where appropriate
• Research and resolve a variety of routine internal and external inquiries concerning invoice discrepancies, account status, and provide appropriate and timely resolutions
• Identify and implement enhanced Distributors’ control procedures and business process improvements and automation
• Receive and review all contracts from Distributors and file/save them into the accounting system, ensuring all information is captured accurately including title, department, rates, revenue recognition dates, billing schedules and any other information as required to maintain a timely and accurate Distributor Royalty Revenue and Commissions process
• Lead and assist where possible in assigned projects to improve the Distributor’s AR & Commissions processes
• Play a key role in process and system implementation, for example, Transfer Pricing and NetSuite
• Assist the Finance department with various ad-hoc requests

Process Improvements

• Ability to identify inefficiencies in the process before they snowball
• Improve the data reporting and accuracy of records over time
• Responsible for looking at continuous process improvements within the Revenue & Royalty function

About You

• Bachelor’s Degree in Accounting, Business or related discipline, or professional accounting qualifications such like CPA, ACCA, etc., is required
• 5+ years' experience in as similar level or role within accounting/finance
• Good knowledge of MS Office Suite
• Experience in working with multiple legal entities
• Experience with audit and financial reporting requirements

Pay Rate

$45/hour

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #328409.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.