Senior Manager, Accounting Operations (Markham)

Our client is looking for a Senior Manager, Accounting Operations to join their team.

Responsibilities

• Monitor cash balances and intercompany transfers to ensure adequate liquidity.
• Identify opportunities to optimize working capital and reduce idle cash.
• Coordinate cash flow planning and payment scheduling for recurring obligations, including leases or other financing arrangements.
• Oversee banking controls, including dual approvals, stop payments, void cheques, and resolution of returned items.
• Administer positive pay and ensure timely reporting of exceptions to prevent fraudulent disbursements.
• Oversee payment execution for approved invoices, ensuring all disbursements comply with approval hierarchies and funding availability.
• Review payment batches prepared by the A/P team, ensuring segregation of duties between payment processing and payment release.
• Ensure compliance with internal control poli...