Accounting Lead, Receivables and Financial Reporting

Galderma is the emerging pure-play dermatology category leader present in approximately 90 countries. We deliver an innovative science-based portfolio of premium flagship brands and services that span the full spectrum of the fast-growing dermatology market through Injectable Aesthetics Dermatological Skincare and Therapeutic Dermatology. Since our foundation in 1981 we have dedicated our focus and passion to the human bodys largest organ - the skin - meeting individual consumer and patient needs with superior outcomes in partnership with healthcare professionals. Because we understand that the skin we are in shapes our lives we are advancing dermatology for every skin story.

We look for people who focus on getting results embrace learning and bring a positive energy. They must combine initiative with a sense of teamwork and collaboration. Above all they must be passionate about doing something meaningful for consumers patients and the healthcare professionals we serve every day. We aim to empower each employee and promote their personal growth while ensuring business needs are met now and into the future. Across our company we embrace diversity and respect the dignity privacy and personal rights of every employee.

At Galderma we actively give our teams reasons to believe in our bold ambition to become the leading dermatology company in the world. With us you have the ultimate opportunity to gain new and challenging work experiences and create an unparalleled direct impact.

The Accounting Lead Receivables and Financial Reporting will work closely with the Director Accounting in managing all activities related to accounting functions of the company.

They will have a specialized oversight on Accounts Receivable to ensure an effective and efficient workflow and performance of the accounts receivable team against defined goals and objectives and to deliver excellent service to internal and external stakeholders. This position will work with all departments and other finance team members to ensure financial activities are posted on a timely basis meet all corporate policies and accurately recorded.

This position is based at Galderma Downtown Toronto office (161 Bay St) with at least three days required on site and the base salary range is 90000 - 110000 CAD.

Key Responsibilities:

Reporting 40%

• Manage the Month End Closing process including the preparation and review of monthly financial statements to finance and management team(s)

• Manage processes of monthly/quarterly and annual closing of the accounts receivable subledger as well as financial reports in compliance with IFRS reporting requirements including internal management reporting

• Review and ensure accurate and timely completion of balance sheet reconciliations

• Prepare Canadian sales tax fillings and assist with annual corporate year-end tax return

Leading Receivables and GBS Teams 20%

• Work with each direct report to guide and monitor progress on annual goals and objectives and advise on the progress to enhance the professional development of team

• Guide and consult Galderma employees and supporting GBS organization on financial accounting related matters with focus on operational financial activities

• Lead internal external and regulatory audit processes

Accounts Receivable 40%

• Manage the Accounts Receivable function overseeing the process from order release to reporting and reconciliation

• Implement and ensure consistent and accurate implementation of accounts receivable policies regarding past due invoices credit matching to chargebacks erroneous credit memos and credit balances of customers. Be well versed in customer portals customer payment practices and ensure strong inbound cash flow from customers.

• Establish monthly and quarterly Accounts Receivable (AR) reviews to understand aging buckets high-risk accounts and define/enhance collection and dunning strategies

• Minimize bad debt exposure and maintain aging at an acceptable level by meeting DSO targets

• Evaluate analyze monitor and recommend customer credit limitsin accordance with credit management policy

• Providing customer service regarding collection issues

• Ensure transactions comply with external and internal requirements

Requirements:

• A minimum of 5 years of progressive accounting experience with at least 1-2 years of people management

• A recognized professional accounting designation (CPA CA or equivalent) or working towards is required

• Proven experience with financial systems particularly experience with an ERP system (preferably in a large complex corporate environment).

• Excellent organizational skills and the ability to manage multiple priorities and deadlines while adapting to shifting demands

• Strong verbal and written communication skills with the ability to effectively engage with internal and external stakeholders

• Proactive self-motivated and continuously driven to improve both processes and personal professional development

• Computer Skills: Advanced level skills using Microsoft Office products such as Word Excel Outlook and Power Point.

Employment Type : Full-Time
Experience: years
Vacancy: 1