Mastermind Toys

Financial Analyst

Mastermind Toys

Scarborough Ontario

Salary: neg Per Hour

Job Responsibilities:

Accounts Receivable:

  • Reconciles daily method of payment transactions (Debit, Visa, MasterCard, Amex, Shopify, PayPal) to sales reporting system.
  • Isolates and investigates discrepancies by researching sales reports.
  • Works with Store Operations, retail locations and third-party providers (Fiserv, Amex) as required to resolve discrepancies.
  • Creates and maintains daily sales reports, tracking overages and shortages (variances between sales and expected deposits)
  • Researches all credit card disputes, prepares and submits necessary paperwork to dispute claims.
  • Posts entries to record weekly bank deposits and clear corresponding receivables.
  • Provides backup support for Customer Service corporate orders, through invoice creation.
  • Checks trade references and sets up all new customers.
  • Reviews aged trial balance monthly and follows up on unpaid accounts more than 30 days old.
  • Provides reconciliation of credit card receivable balances and other schedules, to assist with monthly reporting to bank.

Accounts Payable:

  • Sets up all new vendors and makes changes to vendor information as required.
  • Sets up all electronic payments during weekly pay runs, including EFT and wires, and provides all payment confirmations.
  • Posts entries to record weekly wire payments.
  • Checks for past discrepancies in payment, checks invoice amounts and banking information for accuracy, maintains payment tracker.

Accounting:

  • Reconciles prepaid inventory, investigates and clears any discrepancies.
  • Assists in publishing daily cash position, posting of daily cash entries, and daily reconciliations of bank accounts.
  • Provides reporting of various financial information including sales, inventory and rebates, through leveraging excel and BI (Business Intelligence), both on a recurring and ad-hoc basis.
  • Assists in running various financial packages and P&L reports during month-end.
  • Completes and reports monthly/annual sales to designated landlords.
  • Supports interim and year-end financial audits as needed.

Job Overview

Posted Date: 03 Dec 2024

Location: Scarborough Ontario

Salary: neg Per Hour

Company Information

Mastermind Toys is a retail store in Scarborough, ON that offers a wide selection of toys and games for children of all ages. With a focus on educational and imaginative play, the store provides a diverse range of products to inspire creativity and learning in young minds.

Name: Mastermind Toys

Web: https://www.mastermindtoys.com

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