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AR/AP Clerk in Toronto, ON

AR/AP Clerk Job Description

An AR/AP Clerk is a detail-oriented professional responsible for diligently processing both incoming customer payments and outgoing vendor invoices, while maintaining accurate financial records. This dual-role involves handling various transactions, reconciling accounts, and resolving inquiries from both customers and vendors to ensure the smooth flow of cash and efficient financial operations. AR/AP Clerks should have excellent attention to detail, strong organizational skills, and a demonstrated commitment to both customer and vendor service. The most sought-after candidates have a solid understanding of fundamental accounting principles and experience in using various accounting software systems. Familiarity with Canadian financial procedures and relevant tax requirements (e.g., GST/HST) is highly valued. Typically, 1-3 years of experience in an accounting support role or relevant post-secondary education is preferred.

Typical AR/AP clerk duties:

Process accounts receivable transactions, including invoicing, cash application, and collection calls.Process accounts payable invoices, verifying accuracy, obtaining approvals, and ensuring proper coding.Prepare and process vendor payments (e.g., EFTs, cheques) in a timely manner.Perform daily bank reconciliations and assist with general ledger postings.Communicate professionally with customers regarding payments, outstanding invoices, and inquiries.Communicate professionally with vendors regarding invoice status, payment inquiries, and discrepancies.Maintain accurate and organized financial records and documentation for both AR and AP.Assist with month-end and year-end closing procedures related to accounts receivable and payable.

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Salary for AR/AP Clerk in Toronto, ON
49803 - 66231
Low
49803
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
59190
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
66231
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Payroll Manager 89959 113166 125160 Payroll Administrator 61016 72489 80833 Credit Manager 86569 102475 121510 Assistant Credit Manager 64927 82136 95435 Collections/Credit Analyst 57104 67274 77964 Collections/Credit Clerk 53715 61798 68838 Bookkeeper 58930 74314 82397 AR/AP Manager 67795 90220 101693 Accounting Clerk 49021 55018 60755 Billing Clerk 46935 52932 61537 Inventory Analyst 52932 66752 77964 Inventory Coordinator 44849 52411 63362

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.