Analyst, Accounts Receivable

Taro Pharmaceuticals Inc. is a multinational, specialty pharmaceutical company with a vision of reaching people and touching lives globally as a leading provider of valued medicines.

We are dedicated to meeting the needs of our customers and the overall community through the innovation, development, manufacturing and marketing of the highest quality healthcare products.

Established in , Taro’s world class production facility is located in Brampton, Ontario, with a current team of over Canadian employees.

Our company’s focus on the dermatology sector has made us a leading manufacturer and supplier of specialized topical products with a diverse portfolio of creams, ointments, liquids, and gels.

With support from our parent company, Sun Pharma, one of the world’s largest specialty generic pharmaceutical companies, we are committed to providing a healthy, safe and rewarding environment for all of our employees.

Our reward packages have been designed to meet the needs of our diverse workforce and their families. For additional information visit :

What we offer :

A safe and clean; GMP regulated work environment

Opportunities for career growth and development

A competitive wage / salary

Employee training and organizational development programs, internal mobility programs, and employee recognition programs

Our Brampton location is presently looking for Analyst, Accounts Receivable

Job purpose

The Accounts Receivable analyst is responsible for all aspects of Customer Collections for Taro Canada and Sun Pharma Canada.

Duties and responsibilities

• Maintaining cash applications via Cheque, Credit card or electronic payment terms on a regular basis;
• Manage customer deductions and analyze complex aged receivables and payment discrepancies;
• Effectively communicates with customers to answer questions, and resolve disputes, concerns and questions regarding outstanding owed amounts;
• Generate and review monthly AR aging report.
• Approve deliveries on hold by analyzing customer credit limit and credit term;
• Send Monthly customer statements to all customers, after reconciling for accuracy;
• Initiates collection activities on accounts approaching due and drives collections if accounts reach past-due status;
• Ensure that all processes are documented and updated as needed and maintain audit compliance around the entire Order to Cash Process;
• Benchmarks receivable collections against weekly forecasted target;
• Maintains weekly and monthly collection metrics developed and monitored by Finance;
• Participate in-calls between finance and sales teams as needed to discuss collection related issues;
• Complete month end and year end reporting activities

Qualifications

• Minimum five years of relevant accounts receivable experience working with deduction management and chargebacks;
• Minimum College Diploma in a relevant stream;
• Experience utilizing online vendor portals;
• Experience within the manufacturing sector / CPG industry is a large asset;
• Experience using SAP;
1 day ago