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Associate, Accounts Receivable Collections

Waterdown, Canada

Job ID 25526
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L3Harris is dedicated to recruiting and developing high-performing talent who are passionate about what they do. Our employees are unified in a shared dedication to our customers’ mission and quest for professional growth. L3Harris provides an inclusive, engaging environment designed to empower employees and promote work-life success. Fundamental to our culture is an unwavering focus on values, dedication to our communities, and commitment to excellence in everything we do.

L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers’ mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security.

Job Title: Associate, Accounts Receivable Collections

Location: Waterdown, Ontario

About the Role

  • Responsible for maintaining the entire Cash Application process and maintenance of various Accounts Receivable general ledger accounts, including accounting policy compliance.Reviews and interprets financial reporting requirements, rules and regulations. Responsible for the adherence and ownership of the Accounts Receivable accounting and auditing policies and procedures.

Primary Responsibilities: 

·Daily and ad hoc tasks including:

oDownload bank statements for various currencies

oPost payments received and apply discounts, where appropriate, from the previous business day in the ERP system

oAdd new customers and update addresses in the ERP upon request, and regular monitoring and maintenance of customers in the ERP to avoid duplication or incorrect information for export compliance

oPerform credit checks on customers to assist management on determining amount of downpayment or net payable terms

oDeposit cheques from customers

oPrepare journal entries as required

oPartner with Program Management department to understand details of past due balances where necessary, and contact customers for past due invoices

·Weekly, monthly, and quarterly tasks including:

oReport to Director of Finance the top overdue aging invoices

oDistribute Accounts Receivable aging report, and meet with the Customer Service department to obtain details on overdue invoices

oUpdate customer payments received for Consultant Distributor Representative reports

oIntercompany invoicing for various allocations and chargebacks

oReconcile monthly General Ledger accounts

oPrepare Accounts Receivable Aging Analysis

oHandle inquiries from internal and external auditors, including Sarbanes Oxley requirements

oAssist Financial Planning and Analysis team where required

oAd hoc tasks as requested by the Program Accounting Manager

Desired Skills:

  • Intermediate Excel skills
  • Attention to detail
  • Excellent communication skills
  • Excellent organizational skills
  • Ability to develop strong working relationships with related key managers and support staff
  • Ability to work to compressed deadlines
  • A focus on continuous improvement
  • Ability to multi-task and to work independently
  • Experience in a large company environment and possess proven problem solving skills is an asset
  • Knowledge of ERP LN is an asset

Desired Education:

  •   Bachelor’s Degree in Finance or related field. 

At L3Harris, we foster an inclusive and equitable workplace. L3Harris is committed to treating all employees and applicants for employment with respect and dignity and maintaining a workplace that is free from unlawful discrimination. For applicants with disabilities, we will provide you with accommodation so that you have what you need in order to be at your best.

L3Harris performs background checks prior to employment as all applicants must be eligible for registration with the Controlled Goods Program and obtain and maintain a positive security assessment. Some positions may require a government of Canada “Reliability” status and/or Level 2 (Secret) security clearance. In addition, L3Harris performs pre-employment substance abuse testing where required.

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