Commissions and Accounts Receivable Specialist

December 17 2024
Industries Bank, Insurance, Financial services
Categories Account receivables,
Toronto, ON • Full time

Job Description

Introduction

Indulge your passion for problem-solving and embrace the thrill of addressing risk head-on at Gallagher's global brokerage team. Join a family of diverse minds, united by a relentless pursuit of excellence. As part of our team, you'll be the architect of protection, safeguarding businesses and empowering their ambitions. Together, we'll build a legacy of trust and triumph in the dynamic world of risk management.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.


Overview

As the Commissions and Accounts Receivable Specialist, reporting to the Ontario Finance Director, you will be a part of the National Finance team. In this role you'll perform a broad range of commission accounting activities within the finance unit, ensuring accuracy and timely completion of all commission processing. As well as support the reporting process for client and insurer receivables and oversee national accounts receivable collections. You'll play a significant role in the day-to-day operations of the company, interacting with Sales Leaders, Producers, Finance and Client Service Teams.


How you'll make an impact

  • Prepare periodic sales commission, employee bonus and compensation reports
  • Review monthly Producer compensation including calculation of all applicable commission adjustments pursuant to Sales staff contracts
  • Review Producer & Employee Contracts
  • Prepare journal entries & reconciliations related to Producer commissions
  • Assist with the reporting on client and insurer receivable to monitor aging or growing balances and implement action plan as the need arises
  • Responsible for handling AR collections nationally with the support of the Regional Finance Directors to ensure accounts receivable records are up to date and provide support when needed
  • Monthly AR analysis
  • Work with Sales staff to collect overdue amounts
  • Work with collection agencies when required on large overdue balances
  • Other Finance initiatives and project work when needed

About you

  • You bring experience in an accounts receivable role, or similar financial role, within a payroll function, commissions and sales environment
  • Degree in Accounting, Finance, or a related field is preferred
  • SQL knowledge is preferred but not required
  • You've participated in A/R and revenue recognition processes for multiple entities
  • Well-organized, self-directed teammate; you have a resourceful approach, and strong problem-solving aptitude
  • Stong collaboration skills and ability to meet deadlines in a fast-paced environment
  • Excellent communication and interpersonal skills; ability to build relationships
  • Knowledge of MS Office including Excel spreadsheet; ability to coordinate and summarize large volumes of date in Excel
  • Accounting systems, ERPS, billing management systems and CRMs are second nature to you; experience using EPIC will be considered an asset #LI-SS1 #LI-HYBRID

Compensation and benefits

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

  • Flexible medical & dental coverage to meet your household's needs
  • Life, Dependent Life and AD & D Insurance options
  • Retirement savings including RRSP including a company match, TFSA, pension and more
  • Employee Stock Purchase Plan

Other benefits include:

  • Educational expense reimbursement
  • Employee assistance programs
  • Discounted gym membership (GoodLife Fitness)
  • Opportunity for flexible work arrangements
  • Paid sick days & personal days
  • Paid Time Off to Volunteer
  • Employee education recognition program
  • Employee referral bonus program
  • LifeWorks Employee Assistance Program
  • Matching Gift Program

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

We are an equal opportunity employer which values diversity in the workplace and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

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