The Accounts Payable Coordinator is responsible for managing the day-to-day accounts payable functions, including processing invoices, preparing payments, and ensuring all transactions are accurately recorded. This role involves coordinating approvals, maintaining organized financial records, and responding to inquiries related to accounts payable. Additionally, the Accounts Payable Coordinator supports the overall accounting team in the month-end and year-end closing processes to ensure accurate financial reporting.
Responsibilities:
- Verify and code accounts payable invoices for accurate input into the accounting system.
- Obtain necessary approvals for all accounts payable invoices in accordance with company policies.
- Prepare semi-monthly accounts payable payment runs, ensuring timely and accurate disbursements.
- Process e-transfers and wire payments, ensuring compliance with payment protocols.
- Secure appropriate approvals for all outgoing payments before processing.
- Record accounts payable transactions and related journal entries into the accounting system.
- Reconcile to the subledger and to PBI as part of each semi-monthly payment run.
- Maintain organized records by filing paid invoices and expense reports in a systematic manner.
- Respond promptly and professionally to both internal and external accounts payable inquiries.
- Assist in the month-end and year-end close processes to ensure timely and accurate financial reporting.
- Adhere to the Stratford Festival Health & Safety Commitment and Procedures, and ensure that safe work practices and policies are supported and enforced within reporting structure.
- Perform other duties as assigned.
Minimum Qualifications:
- Post-secondary diploma in a field related to Accounting or Business.
- 1 to 2 years of related experience.
- Skilled at high volume data entry.
- Experience in accounts payable or similar role.
- Proficient in Microsoft Office. Experience with GP Dynamics considered an asset.
- Exceptional communication skills (both written and verbal) are required.
- High standard of organization, accuracy and attention to detail.
Behavioural Competencies:
- Attention to Detail: meticulously review work and ensure accuracy and precision in all tasks.
- Organization skills: create structure and optimally use resources to achieve results and ensure productivity
- Time Management: efficiently allocate and use time to meet goals and deadlines, prioritize tasks as necessary.
- Communication: actively listen and effectively transmit and receive information