Associate Accountant (Accounts Receivable)

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Title and Summary

Associate Accountant (Accounts Receivable)

Overview:
The Ethoca Finance organization within MasterCard Controllership team is looking for a highly motivated finance professional to join them as the Associate Accountant, Accounts Receivable. This position will report to the Director, Controller. This position is based in Toronto.
The Associate Accountant is responsible for managing Ethoca’s (a Mastercard Company) daily accounts receivable operations and maintaining accurate financial records, including customer payment processing, collection, account reconciliations and month-end close activities. This individual is responsible for resolving Accounts Receivable related inquiries from customers, internal sales team and other business unit teams.
Role:
- Process customer payments, including cheques and credit card payments, while ensuring appropriate set-up for new customers
- Prepare and collaborate closely with AR colleagues for send out of semi-monthly dunning emails for all applicable customer accounts
- Generate and analyze accounts receivable aging reports to prioritize collection efforts
- Collect on outstanding invoices with goal of minimizing write-offs
- Prepare customer account reconciliations and other reconciliations/reports as required to ensure financial accuracy. Analyze variance and resolve root cause of discrepancies in a timely manner
- Provide prompt and exceptional customer service for all customer and internal stakeholders inquiries
- Propose and prepare journal entries to maintain accurate financial records, including write-offs for past due customers
- Participate in SOX testing, internal and external audits
- Recommend, develop and assist with policy/process updates and documentation to improve accounting operational efficiency, scalability and enhance controls
All About You:
- Bachelor’s degree in Accounting or Finance
- CPA or working towards designation preferred
- Solid understanding of U.S. GAAP and accounting procedures
- Experience in Net Suite and Oracle preferred
- Prior work experience in accounts receivable processes preferred
- Experience in financial operations in multinational organizations a plus
- Strong analytical and interpersonal skills
- Excellent time management and organizational skills
- Ability to work in a fast-paced environment and handle multiple tasks simultaneously
- Excellent communication and problem-solving skills
- Excellent skills in MS Excel and PowerPoint
- Results-driven and motivated to drive change in a complex organization

Mastercard is an inclusive equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact [email protected] and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:

• Abide by Mastercard’s security policies and practices;

• Ensure the confidentiality and integrity of the information being accessed;

• Report any suspected information security violation or breach, and

• Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.