Manager of Accounting - Accounts Receivable
$65k per yearGoodLife Fitness
Who is a Manager of Accounting – Accounts Receivable?
The Manager of Accounting - Accounts Receivable is responsible for overseeing the day-to-day operation of the Accounts Receivable Team to ensure that amounts owed to the company are recorded accurately, as well as for developing and improving systems, processes, and procedures. As a leader, the Manager sets a clear vision for the Accounts Receivable Team and provides the necessary resources, direction, and feedback to make team and individual performance goals attainable. The Manager recognizes the skills and capabilities of individual team members and focuses on removing barriers, pursuing constant improvement while demonstrating fair decision making and retaining responsibility for results. By ensuring that receivable amounts are recorded, collected, and applied accurately, the Manager helps to maintain the company’s reputation with its customers and contributes to the financial health of the company.
What will you be doing?
- Manages the processes and systems utilized by the Accounts Receivable Team based on industry best practices and problem-solving skills to ensure accurate accounting for amounts due to the company. Ensures accurate billing and collection for various receivables, including member accounts, corporate partners, subtenants, and related parties
- Ensures the accurate application of bank deposits and credit card payments to the correct customer accounts
- Designs and implements procedures and systems to increase Team productivity and reduce errors. Analyzes, refines, and documents controls, policies, and procedures to ensure that best practices are being followed.
- Oversees the review and analysis of monthly and annual financial statement information to ensure the accuracy of receivable balances.
- Ensures all accounts receivable transactions are posted to the general ledger for the correct period and amounts are correct
- Records appropriate reserves for uncollectible amounts
- Maintains account reconciliations for assigned receivable accounts, including reconciliation of Accounts Receivable subledgers to the corresponding general ledger control accounts.
- Liaises with other departments to ensure the appropriate flow of information between them and the Accounts Receivable Team.
- Coordinates with Protective Data Systems, Technology & Innovation, and Member Accounts Departments to ensure accurate processing of member accounts transactions
- Coordinates with Corporate Business Development department to ensure collection of outstanding invoices
- Ensures accurate tracking of receivables for trades of memberships for goods and services related to marketing partnerships
- Reviews related party financial reporting for accuracy and ensures integration of balances into consolidated financial statements
- Manages direct reports and the people requirements of the Accounts Receivable Team using provided tools and resources to ensure the successful execution of all the Team’s key responsibilities and tasks, retention of great talent, and high Associate engagement.
- Assigns responsibilities to direct reports so that Associates can capitalize on their strengths and regularly feel a sense of accomplishment.
- Leads the onboarding, coaching, learning, development, and performance management of all direct reports to ensure a positive and safe working experience.
- Facilitates recruitment of direct reports alongside the Talent Acquisition Department to ensure adequate resourcing based on approved Team budget.
Do you have what it takes?
- Post-Secondary degree or equivalent accounting experience
- 5 years’ experience in accounting
- Proficiency in the use of computers for email and internet
- Advanced knowledge of Microsoft Excel
- Ability to analyze information and make decisions based on available data
- Ability to communicate effectively both verbally and in writing to convey information and influence outcomes
- Ability to manage and effectively prioritize multiple commitments and adapt to ongoing troubleshooting requests
- Ability to work independently with demonstrated initiative while working toward team goals and timelines
What’s in it for you?
- Ongoing training & development to ensure a long & successful career path
- Career advancement opportunities
- Competitive Total Rewards Package
- FREE Performance Fitness membership
- Fun & energetic atmosphere to come to every day!
At GoodLife Fitness, we are committed to fostering an inclusive, accessible environment, where all employees & members feel valued, respected & supported. We are dedicated to building a workforce that reflects the diversity of our customers & communities in which we live & serve. We are committed to meeting the accessibility needs of persons with disabilities in a manner that respects their dignity & that is equitable. If you require an accommodation for the recruitment/interview process (including alternate formats of materials, accessible meeting rooms or other accommodation), please let us know & we will work with you to meet your needs.
Compensation
It is expected that the selected candidate will start at a base salary of $65,000. This position is eligible for bonuses in addition to the base salary. The annual range of expected compensation for the position is $65,000 - $87,000 determined by performance, time in the position and variable compensation earned.
This job posting is for an existing vacancy.
Diversity and Inclusion
At GoodLife Fitness, we are committed to fostering an inclusive, accessible environment, where all employees and members feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve. We are committed to meeting the accessibility needs of persons with disabilities in a manner that respects their dignity and that is equitable. If you require an accommodation for the recruitment/interview process (including alternate formats of materials, accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.
Recruitment Fraud Alert
Many companies are experiencing an increase in recruitment fraud in the form of fake job postings on social media and career sites.
GoodLife Fitness, Fit4Less, canfitpro, and GoodLife Kids Foundation positions are posted to jobs.goodlifefitness.com and must be applied to via the secure portal on that site; Job offers or requests for banking information or your SIN will never be sent via email, phone, or text message; Please verify that the person you are communicating with has an @goodlifefitness.com, @fit4less.ca, @canfitpro.com, or @goodlifekids.com email address.
If you currently work for us, Associates should only apply to positions on the Jobs Hub in Workday and all job offers, requests for banking information or your SIN should be completed when logged into Workday. We will never ask you to send this information via email, phone or text.
Please verify that the person you are communicating with has an @goodlifefitness.com, @fit4less.ca, @canfitpro.com, or @goodlifekids.com email address.
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