As an S&C Electric Canada team member, you’ll work on tasks and projects that have real-world impact. You’ll help transform the grid for resilient and reliable power worldwide. S&C has a history of more than 70 years of innovation in Canada. We continue this legacy as a trusted, forward-thinking leader in the power industry. As a team member, you will advance a safer, more reliable, and more resilient electrical grid. Our products help the grid adapt to severe weather and transition to clean energy. We’re big enough to be a respected industry leader but small enough for you to impact our company directly. Our commitment gives you opportunities to impact on and off the job positively.
Join Our Team as a Senior Accounting Specialist (Accounts Payable)!
Work arrangement: Hybrid (work from office 3 days a week)
Compensation
At S&C, we are dedicated to providing competitive and equitable compensation for all our team members and are committed to transparency in our pay practices. The estimated annual base salary range for this position is $60100 - $79627.2. Individual pay within this salary range is determined by several compensable factors, including performance, knowledge, job-related skills and experience, and relevant education or training.
This position may also be eligible for S&C’s annual incentive plan (AIP). AIP amounts are variable and are dependent on both company and individual performance, subject to eligibility criteria. The target bonus percentage for this role is 4% of annual base earnings.
Reporting to Manager - Finance & Accounting, Senior Accounts Payable Specialist is responsible for overseeing the accounts payable process, managing vendor relationships, and ensuring accurate and timely financial reporting. The role also ensures compliance with company policies, internal control requirements, supports audits and continuous process improvement initiatives.
Key Responsibilities
- Daily Operation
- Enter high volume of supplier invoices. Ensure that these match purchase orders and receipts. Accuracy and strong attention to details is required.
- Schedule and process payments via EFT, ACH, wires or checks according to supplier terms. Create payment batches and text files for bank upload. Ensure that payments are processed on time to avoid penalties or interest and prioritize discounts available.
- Set-up supplier banking details accurately. Verify supporting documents and confirm banking details for new suppliers and suppliers that have not been for an extended period (a year).
- Review and approve employee T&E reports through Concur. Ensure compliance with company policies and procedures.
- Review completeness of credit card receipts and enter spending in the AP system. Ensure compliance with company policies and procedures.
- Record & clear payments in Oracle for payments made on bank site as per bank statement transactions
- Clear direct payments, on-line banking, and intercompany transactions from the bank statements
- Follow-up Invoices on Hold on a regular basis and coordinate resolution with cross functional departments.
- Support process improvements initiatives (DPO targets, cash flow improvements and AP automation)
Vendor Management
- Establish strong relation with vendors and suppliers, manage inquiries and resolve disputes effectively and professionally.
- Coordinate with Purchasing, Receiving and cross functional departments to resolve discrepancies.
- Reconcile supplier statements periodically and resolve discrepancies on a timely basis
- Financial Reporting and Control
- Support month-end and year-end close activities including accrual entries
- Generate AP reports (trial balance, AP aging)
- Reconcile AP accounts and accruals
- Support Internal Control process implementation
- Support external audit requirements
- Others
- Support AR functions (Billings & Cash Application)
- Prepare ad hoc reports and analysis for management as required.
- Other responsibilities as assigned
What we are looking for:
- College Diploma or Bachelor’s degree in Accounting, Finance, Business Administration or a related field.
- 3-5 years AP experience with high-volume transactions
- Experience in a medium to large manufacturing or distribution environment.
- Proficiency in accounting software (preferably Oracle ERP and SAP Concur) and advanced Microsoft Excel skills.
- In-depth knowledge of accounting principles, processes, and accounts payable best practices.
- Exceptional attention to detail and organizational skills.
- Excellent analytical and strong problem-solving skills with the ability to identify issues, evaluate alternatives, and implement effective solutions in a timely manner.
- Ability to prioritize and manage multiple tasks in a dynamic, deadline-driven environment.
- Effective communication and interpersonal skills.
- Ability to work both independently and collaboratively
- Capable of embracing diversity and equity to ensure they contribute to a respectful and inclusive workplace
Physical Effort:
Normal or frequent minor physical effort required for the day-to-day activity in the workplace. May involve standing, sitting, walking, climbing stairs and lifting/moving/using objects or equipment up to 20lbs.
Work Environment:
Acceptable working environment with minor or almost no disagreeable or challenging working conditions as part of everyday expected levels (all jobs will occasionally experience undesirable or disagreeable events).
Vacancy Disclosure:
This posting is to fill an existing vacancy within S&C Electric Canada.
Artificial Intelligence Disclosure:
Please note that S&C Electric Canada may use artificial intelligence (AI) tools to assist in the screening, assessment, or selection of applicants for this position.
Why Work for S&C Electric Canada Ltd
With over 70 years of innovation in Canada and a century globally, S&C Electric is a trusted leader in power reliability. We foster a collaborative, safety-focused environment where achievements are celebrated and growth is encouraged.
What We Offer
- Competitive compensation and performance-based bonus
- Generous employer-matched retirement savings plan
- Three weeks of paid vacation, plus paid holiday shutdown
- 100% employer-paid health and wellness benefits, including:
o Medical, dental, vision, and prescription coverage
o Health Care Spending Account (HCSA) & Personal Spending Account (PSA)
o Life, AD&D, and disability insurance, with optional enhancement
- Summer hours program
- Education reimbursement
- Seniority recognition
- Access to Spark LMS for continuous learning and development
- A safe and fun working environment where we celebrate our milestones.
These are just some of the other reasons why S&C is a great place to work. At S&C, we believe in empowering our people and providing meaningful career opportunities. Ready to make an impact? Apply now and join a team where your contributions matter. Apply and join our team today!
S&C Electric Canada Ltd. is an equal-opportunity employer.
In accordance with the Accessibility for Ontarians with Disabilities Act, 2005 and the Ontario Human Rights Code, S&C Electric Canada Ltd. will provide accommodations throughout the recruitment, selection and/or assessment process to applicants with disabilities. If selected to participate in the recruitment, selection and/or assessment process, please inform S&C Electric Canada Ltd.’s Human Resources staff of the nature of any accommodation(s) that you may require in respect of any materials or processes used to ensure your equal participation.
About Us
In 1909, S&C Electric Company transformed the delivery of safe, reliable electricity with the invention of the Liquid Power Fuse. Today, as the world faces extreme weather events and the demand for electricity grows, S&C continues to innovate and advance the electrical grid, ensuring reliable and resilient power for homes, communities, and critical infrastructure around the world.
With a diverse, global workforce and core values around integrity, safety, and quality, S&C is a trusted industry leader and top workplace that offers meaningful careers to more than 3,500 team members. As a people-first organization, S&C is committed to fostering an inclusive and collaborative workplace where team members advance their careers through robust talent-development programs and involved leadership.
S&C’s deeply rooted belief diversity fosters greater creativity, innovation, and success guides the company to advance and sustain a diverse, equitable, and inclusive workplace culture.
