General Accounting Associate

Hankook Tire is a global corporation that has consistently met the challenges of the future, always a step ahead of changes in the world economy. Over our 80 years of history, we have continuously grown in quality and size while strengthening our reputation.

Hankook is actively embracing the global stage through constant technological development and commitment to innovation. We are taking a leap to become a leading global tire company that provides sustainable solutions to deliver ultimate driving satisfaction to all customers.

Please visit our website at http://www.hankooktire.com/ca-en/

POSITION OVERVIEW

As a world leader in the tire manufacturing industry, Hankook Tire Canada is seeking a self-motivated experienced General Accounting Assistant to join our team.

The General Accounting Assistant plays a crucial role in optimizing financial transactions and systems. Key responsibilities include reconciling payments and customer accounts, communicating discrepancies to the management team, identifying slow-paying customers to recommend for collections, and assisting with credit management tasks. This role also involves strengthening client relationships by addressing past-due accounts, streamlining the accounts receivable process by identifying areas for improvement and ensuring the integrity and confidentiality of financial reporting in compliance with national and local requirements. Additionally, the General Accounting Assistant supports various accounting and financial tasks, ensuring the accurate and efficient processing of transactions, preparing journal entries, continuity schedules, variance analysis, and participating in ad hoc projects.

The new hire will report to the Senior Accounting Manager. This job is 5 d/w onsite at our New Location in Mississauga.

RESPONSIBILITIES

Accounts Receivable:

• Monitor accounts receivable aging reports to identify overdue accounts.
• Monitor and collect accounts receivable by contacting clients via telephone, email, and mail.
• Prepare analytical and ratio analyses related to A/R to provide management with insights into the progress of collection efforts.
• Prepare and distribute regular accounts receivable reports to management and sales team.

Credit Management:

• Maintain and update customer credit files with relevant documentation.
• Monitor customer credit limits and ensure adherence to company credit policies.
• Communicate with the sales team regarding credit approvals, denials, and changes.
• Assist in resolving credit-related issues and disputes.

Payment Processing:

• Record and apply incoming payments to customer accounts accurately.
• Process payments including checks and electronic transfers.
• Investigate and resolve payment discrepancies or short payments.

Customer Service:

• Respond to customer inquiries related to billing, payments, and credit terms.
• Provide excellent customer service by addressing and resolving issues promptly.
• Collaborate with internal departments to ensure customer satisfaction and timely resolution of account issues.

General Accounting and Administrative Support:

• Assist with Accounts Payable and general accounting tasks during staff absences.
• Assist in the month-end and year-end closing processes.
• Prepare necessary documentation and reports for financial analysis.
• Support internal and external audits by providing necessary documentation and explanations.
• Provide general administrative assistance to the finance department.
• Handle routine inquiries and communications.

QUALIFICATIONS

• College or University Diploma in Accounting or Finance, or equivalent experience.
• Minimum of 2 years of Accounts Receivable and credit management experience.
• Advanced computer skills, with proficiency in Microsoft Office Suite (Excel, Word, MS Outlook)
• Strong knowledge of ERP systems, preferably SAP.
• Proficiency in verbal and written communication in English; French is considered an asset.
• Exceptional attention to detail.
• Ability to work under pressure and meet tight deadlines.
• Capability to thrive in a fast-paced environment while maintaining high standards of accuracy. 
• Strong problem-solving skills and ability to handle challenging situations with professionalism.
• Strong character, ethics, commitment, and reliability.