Accounting (1)

Position Title: Accounts Receivable (AR) and Credit Specialist (Bilingual preferred)

Reports to: Sr. Manager, Accounting, Finance and HR

Location: Mississauga, Ontario (Onsite)

Who We Are

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 85 years of history, we have continuously grown in quality and size while strengthening our reputation.

Hankook Tire 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.

Job Purpose

As a world leader in the tire manufacturing industry, we are seeking an eager and enthusiastic AR and Credit Specialist to join our Accounting/Finance immediately. We are looking for a talent with solid professional skills who can provide a superb customer experience.

The AR and Credit Specialist will be responsible for managing accounts receivable functions accurately, efficiently, and in compliance with company policies and internal controls. This role is responsible for AR and Credit Management, responds to internal team requests, assists with month-end closing and audit requests, and provides guidance to Accounting Assistant level staff as needed.

This job posting is for an existing vacancy.

Position Responsibilities

Managing a section of the overall A/R portfolio with respect to credit, collections, and customer interaction for TBR, PCLT and Corporate accounts. Cash application and collection duties to be included as part of overall customer reconciliation process.
Responsible for Daily credit hold releases and approvals based on company guidelines which are that the account must be within the credit line and not beyond the terms of sale.
Send requests for confirmation of approval of lines of credit extended to Credit Insurance and Factoring and government insuring agencies.
Setup and conduct bi-weekly and monthly meetings with “Key accounts” to review payment history, past due balances, and open deduction status.
Responsible for preparing, editing, and refining reports to North America and Global headquarters as needed.
Independent review of customer’s orders to release credit holds based on specific guidelines (within the credit limit and not past due).
Responsible for credit hold releases and any over-the-line or past due balances as result of releasing orders outside of given credit policies and procedures. Able to act independently and without constant supervision.
Responsible for processing of AVB and other credits as required.
Thorough understanding and knowledge of the Credit Management Suite (CMS) platform setup in order to enter and analyze results of reports on customer’s financials - balance sheet, Income statement and statement of cash flows.
In-depth credit analysis and reporting of all credit lines based on updated financials, sales trending and customer profitability.
Financial analysis based on liquidity, asset management, debt management and profitability. Increase proficiency in reading/interpreting financial statements to determine credit lines and customer trending.
Run and analyze NACM (National Association of Credit Manager’s) reports and other manufacturers trade reporting.
Research & resolve customer payment discrepancies to include deductions for shortage, returns, cash discount and other.
Research credit reporting agencies which can help us to determine customer viability and potential.
Integrate sales forecasting and trending into customer credit line determination.
*Any other duties/responsibilities as assigned by Management.

Environment, Pace, Challenges

Tight deadlines and multiple competing priorities
Primarily works during standard office hours but must be flexible to workdays, occasional nights, weekends, and extended hours when required
Ability to sit for extended periods while working at a desk and on a computer

Core Competencies

Strong knowledge of Accounts Receivable processes, accounting principles, ERP systems, tax calculations, and statutory remittances
High level of accuracy, attention to details, and ability to manage multiple priorities effectively
Strong problem-solving, communications, and cross-functional collaboration skills
Ability to work independently, maintain accountability, and provide guidance to junior staff
Continuous improvement mindset with a focus on efficiency, accuracy, and compliance

Qualifications and skills

University Degree or College Diploma in Accounting or Finance
Bilingual in French and English (verbal and written) preferred and will be given priority
Minimum 3-4 years of full-cycle accounts receivable experience
Experience with B2B credit and collections
Experience with ERP and SAP systems and excellent MS Excel skills
Must be eligible to currently work in Canada

Salary Range: $65,000 to$68,000 $annually (Salary will be based on qualifications and experience)

DISCLAIMER: The above statements are intended to describe the general nature and level of work being performed by individuals assigned to the position. They are not intended to be construed as an exhaustive list of responsibilities, duties and skills required of personnel so classified.

Hankook Tire is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, or national origin.

Hankook Tire is committed to providing accessible employment practices. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Hankook Tire utilizes applicant tracking system and recruitment platforms, Artificial Intelligence (AI) may be used during the recruitment process.

Accounts Receivable and Credit Specialist

Bilingual preferred

Hankook Tire America

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