Accounting Lead, Receivables and Financial Reporting

Galderma is the emerging pure-play dermatology category leader, present in approximately 90 countries. We deliver an innovative, science-based portfolio of premium flagship brands and services that span the full spectrum of the fast-growing dermatology market through Injectable Aesthetics, Dermatological Skincare and Therapeutic Dermatology. Since our foundation in 1981, we have dedicated our focus and passion to the human body's largest organ - the skin - meeting individual consumer and patient needs with superior outcomes in partnership with healthcare professionals. Because we understand that the skin, we are in shapes our lives, we are advancing dermatology for every skin story.

We look for people who focus on getting results, embrace learning and bring a positive energy. They must combine initiative with a sense of teamwork and collaboration. Above all, they must be passionate about doing something meaningful for consumers, patients, and the healthcare professionals we serve every day. We aim to empower each employee and promote their personal growth while ensuring business needs are met now and into the future. Across our company, we embrace diversity and respect the dignity, privacy, and personal rights of every employee.

At Galderma, we actively give our teams reasons to believe in our bold ambition to become the leading dermatology company in the world. With us, you have the ultimate opportunity to gain new and challenging work experiences and create an unparalleled, direct impact.

The Accounting Lead, Receivables and Financial Reporting will work closely with the Director, Accounting in managing all activities related to accounting functions of the company.

They will have a specialized oversight on Accounts Receivable to ensure an effective and efficient workflow and performance of the accounts receivable team against defined goals and objectives and to deliver excellent service to internal and external stakeholders. This position will work with all departments and other finance team members to ensure financial activities are posted on a timely basis, meet all corporate policies, and accurately recorded.

This position is based at Galderma Downtown Toronto office (161 Bay St) with at least three days required on site and the base salary range is 90,000 - 110,000 CAD.

Key Responsibilities:

Reporting – 40%

Manage the Month End Closing process, including the preparation and review of monthly financial statements to finance and management team(s)

Manage processes of monthly/quarterly and annual closing of the accounts receivable subledger as well as financial reports in compliance with IFRS reporting requirements including internal management reporting

Review and ensure accurate and timely completion of balance sheet reconciliations

Prepare Canadian sales tax fillings and assist with annual corporate year-end tax return

Leading Receivables and GBS Teams – 20%

Work with each direct report to guide and monitor progress on annual goals and objectives and advise on the progress to enhance the professional development of team

Guide and consult Galderma employees and supporting GBS organization on financial accounting related matters with focus on operational financial activities

Lead internal, external, and regulatory audit processes

Accounts Receivable – 40%

Manage the Accounts Receivable function, overseeing the process from order release to reporting and reconciliation

Implement and ensure consistent and accurate implementation of accounts receivable policies, regarding past due invoices, credit matching to chargebacks, erroneous credit memos, and credit balances of customers. Be well versed in customer portals, customer payment practices and ensure strong inbound cash flow from customers.

Establish monthly and quarterly Accounts Receivable (AR) reviews to understand aging buckets, high-risk accounts and define/enhance collection and dunning strategies

Minimize bad debt exposure and maintain aging at an acceptable level by meeting DSO targets

Evaluate, analyze, monitor, and recommend customer credit limits in accordance with credit management policy

Providing customer service regarding collection issues

Ensure transactions comply with external and internal requirements

Requirements:

A minimum of 5 years of progressive accounting experience, with at least 1-2 years of people management

A recognized professional accounting designation (CPA, CA, or equivalent) or working towards is required

Proven experience with financial systems, particularly experience with an ERP system (preferably in a large, complex corporate environment).

Excellent organizational skills and the ability to manage multiple priorities and deadlines while adapting to shifting demands

Strong verbal and written communication skills, with the ability to effectively engage with internal and external stakeholders

Proactive, self-motivated, and continuously driven to improve both processes and personal professional development

Computer Skills: Advanced level skills using Microsoft Office products such as Word, Excel, Outlook, and Power Point.