You're using an older version of Internet Explorer that is no longer supported. Please update your browser.
You're using an older version of Internet Explorer and some functionality may not work as expected. Please update your browser for the best experience.
GroupHEALTH Benefit Solutions Logo

Accountant, AR and Revenue (Surrey, BC)

Reference ID: 421

Share job:





Join GroupHEALTH Benefit Solutions® today and become part of an organization that istransforming the way Canadian's experience benefits.




Our mission is simple;We develop and deliver the most cost-effective employee benefits solutions to Canadian businesses.




GroupHEALTH is accelerating - and you provide the fuel.



We are currently looking for an Accountantfor AR and Revenue.Reporting to the Financemanager, Accountant, AR and Revenue will maintain an accurate financial recordsof all Revenue and Accounts Receivable transactions for GroupSource and DMIcompanies and other revenues as required.


Outcomes

Within first 3 months:
  • Obtain an understanding of the Revenueand receivables accounting functions of GroupSource and DMI companies
  • Organize and prepare commission float modeledcarrier remittances and reporting
  • Complete month end reconciliations andreporting
  • Prepare and separate revenue streams andcomplete a revenue variance analysis for both GroupSource and DMI
  • Understand the AR collection process forGroupSource and DMI
  • Post daily deposits and other revenue relatedtransactions in GP
  • Calculate monthly amounts, prepare thereports and pay the associations
  • Prepare weekly and monthly New Business Salesanalysis
Within first 6 months:
  • Reconcile WEBS AR Trial Balance (AR agingreport) and collect outstanding commissions
  • Complete the AR aging analysis for DMI
  • Reconcile Carrier commissions advances at thenext renewal and resolve any discrepancies on regular basis
  • Obtain anunderstanding of other accounting functions- partner commissions/purchases and payables/trust accounting
In addition to joining a team that is focused on delivering the "WOW!" factor daily (while enjoying weekly yoga stretches, fresh fruit & vegetables, and lots of cake!), yourKey Responsibilitieswill include:
  • Ensure revenue recognition treatment is consistent with company policy and accounting guidance (IFRS)
  • Manage carrier receivables and maintain WEBS AR (AR Aging listing)
  • AR Invoicing for DMI
  • Create the Revenue entry each month and separate the revenue by the various streams
  • Close month end and complete AR and Deferred revenue account reconciliations
  • Prepare monthly revenue reporting and variance analysis for Management
  • Prepare ad-hoc revenue reporting as requested by management
  • Reconcile Carrier commissions advances on the quarterly basis, resolve any discrepancies on regular basis
  • Perform aging analysis for DMI receivables
  • Review outstanding commission receivable balances, collect the funds and resolve issues with carriers on timely manner
  • Prepare bank reconciliations for commission float bank accounts
  • Prepare expected commissions receivable balances for the monthly cash flow forecast
  • Post cash payments and bank deposits into GP
  • Coordinate with the Client Services/Administration and Trust Accounting Teams
  • Calculate monthly amounts, prepare the reports and pay the associations
  • Actively participate in IT projects that affect Revenue and Receivable processes
  • Other duties as required by Finance manager/Director of Finance and CFO

Education and Experience
  • Completion of a degreeor diploma in accounting
  • Minimum 3 years ofaccounting relevant experience


The Perks

In addition to becoming part of a creative, challenging, and stimulating work environment, we also offer:
  • a competitive salary & benefits program
  • paid time off, including flex time
  • education assistance
  • Registered Retirement Savings Plan (RRSP) with employer matching
  • participation in our Happy Friday program


Want to be part of a rapidly growing company that is transforming the way Canadian's experience benefits? Apply now!





We thank everyone who applies to the Accountant, AR and Revenuerole; however, due to the volume of applications we receive, we are only able to contact candidates who have been selected for an interview.

We are currently looking for anAccountantfor AR and Revenue.Reporting to theFinance manager, Accountant, AR and Revenue will maintain an accurate financial records of all Revenue and Accounts Receivable transactions for GroupSource and DMI companies and other revenues as required.

Posted: December 14, 2018
Closes: February 12, 2019
Email Address:
Company Info
Size:
51-200 employees
Industry:
Technology
Insurance

Connect with employer:

About GroupHEALTH Benefit Solutions

In every industry there is a company that thinks, and does things, differently. In employee group benefits, GroupHEALTH Benefit Solutions® is that company. Innovative and customer-focused, we...