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WFS - Financial Services Supervisor

WFS Ltd Windsor, Ontario (Onsite) Full-Time

Job Details

WFS Ltd
is an industrial distribution company founded in 1955
In 2014, WFS was acquired by Grainger, marking the beginning of a new and exciting chapter in WFS\' evolution
With multiple branch locations across Southwestern Ontario, and approximately 250 team members, we help professionals keep the world working, while creating a company where dedicated talented people can thrive.

At WFS our true value is our people
Attracting and engaging the best team members is the key to our success
We offer a positive work environment, and we value diversity and inclusion, which makes WFS a great place to work
Are you looking for a career that offers competitive pay for performance, comprehensive benefits, an attractive pension plan, and challenging and rewarding job opportunities?

Join us today!

KEY DUTIES AND RESPONSIBILITIES:

• Leadership of approximately 7 team members; develop and lead team members to ensure high productivity, drive individual development and achieve financial goals
• Lead credit meetings, provide guidance on expediting collection, resolving customer issues, controlling risk and liaise with cross-functional teams to reduce credit risk
• Coordinate new customer setups with background credit check, determine appropriate credit limits and payment terms
• Lead continuous improvement changes to customer terms, and strike a balance between customer service and financial profitability
• Complete allowance for doubtful accounts provisions (general and specific), DSO, freight accrual and revenue recognition
• Oversee cash application process ensuring timely and accurate processing and management of customer discounts
• Review, approval and processing of accounts payable cheque runs, EFT/ACH, wires payments
• Review and approval of vendor change reports including all EFT/ACH changes
• Oversee PO accruals and returns to ensure current and vendor discounts are maximized
• Participate in the month end close including preparation of accruals, analytical review analysis, balance sheet reconciliations, audit kits and annual audit
• Lead continuous improvement projects to streamline processes and resolve transmission issues including EDI, customer portals, automating credit card transactions, electronic payments, records handling and management
• Maintain an effective internal control environment including creating new policies/procedures, testing existing controls and review reports for mitigating controls
• Provide financial advice to various departments on processes/procedures
• Participate with various projects from time to time

Job Requirements:

REQUIRED EXPERIENCE AND QUALIFICATIONS:

• Completion of a post-secondary education in Business Administration, Finance, Accounting or Commerce, or equivalent experience
• A professional accounting designation would be considered an asset
• Minimum of 5 years related experience and at least 2 years of supervisory experience
• Proven track record of leading through coaching, team building, and talent management of direct reports, coupled with a \'hands-on\xe2\x80\x9d management style
• Must have experience with customer credit, cash application and accounts payable
• Excellent communication, decision making, and problem-solving skills
• Must be a strong supervisor in change management and have the ability to foster an environment focused on continuous improvement including process assessments, gap analysis and benchmarking
• Ability to deal with all levels of the organization and demonstrated skills in analyzing problems and handling issues with diplomacy
• Excellent Microsoft Office skills
• Proven organizational and time management skills; works well in a team environment

If you don\'t meet every qualification, know that at WFS Ltd. we are dedicated to building a diverse, inclusive, and authentic workplace. So, if you\'re excited about this role but your past experience doesn\'t align perfectly with every skillset in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

WFS strives to be an employer of choice, to attract and retain top diverse talent, and to provide a safe and positive work environment for all of its team members. As part of the WFS hiring process, pre-employment background checks will be required for all external candidates. Internal candidates will be required to undergo a pre-employment background check when they move from a non-driving role to a driving role, and/or into a leadership position.

WFS is an Equal Opportunity Workplace. All applicants who we believe to be qualified will receive consideration for employment without regard to race, religion, sex, sexual orientation, gender identity, national origin, age, or disability. Accommodations are available on request for all persons with disabilities taking part in the selection process.

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Job Snapshot

Employee Type Full-Time

Location Windsor, Ontario (Onsite)

Experience Not Specified

Date Posted 09/18/2023

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Job Details

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Grainger