Blackstone Industrial provides innovative, high-quality, and sustainable solutions for critical rotating and static equipment. As one of North Americas leading technical service providers, we excel in field services, parts, repairs, and engineering. Trusted by industries such as heavy oil and refining, petrochemical, power generation, energy transmission, and agriculture, Blackstone is shaping the future of compressor maintenance and operation, striving to set new benchmarks. As we expand our operations globally.

Position Summary

As an Accounts Payable Coordinator, you will be a critical part of the organization working to support the organizational needs of the business with timely & effective financial guidance and tools. This position will actively contribute to the accounting team, fostering collaborative relationships, leading and delivering on strategic initiatives while managing a large breadth of client services.

Key Responsibilities

• Review invoices received from suppliers for accuracy, available discounts, etc. Review and approve coding of invoices received fromall sources.
• Enter invoice codes and information into accounting system.
• Confirming subcontractor billed working hours, and processing in accounting system every two weeks.
• Approximately twice per month, generate EFTs/Wires/ACHs from the accounting and/or banking system and prepare for payment of supplier invoices.
• Specific EFTs/Wires/ACHs may be generated throughout the month to benefit from supplier discounts that might be available.
• Overhead and expense EFTs/Wires/ACHs are generated throughout the month when required.
• Preparation might involve getting appropriate approvals from authorized corporate officers.
• All EFTs/Wires/ACHs prepared require appropriate approvals within banking system prior to being sent to payees.
• Reconcile accounts payable statements for external auditors at year end.
• Prepare Goods & Services Tax (GST) and Provincial Sales Tax (PST) statements.
• Update the daily cash flow report to support short-term planning and forecasting.
• Assist in recording and reconciling fixed asset purchases and disposals as needed.
• Post journal entries related to prepaid accounts, accruals, and other recurring adjustments as needed.
• Assist in the development and implementation of accounting policies and procedures to improve accuracy and efficiency.
• Post payments to Accounts Receivable Customer accounts as needed.
• Prepare daily bank reconciliations towards final month-end reconciliation schedules.
• Entry/posting of accounting records with accuracy and compliance of generally accepted accounting principles (GAAP).
  

Qualifications

• Diploma in Accounting with 7+ years experience in Accounts Payable preferred...equivalent combinations of education and experience will be considered.
• Progressive accounting experience, preferably in an industrial or service-based environment.
• Strong understanding of accounts payable and general ledger functions.
• Proficient with accounting systems and Microsoft Excel.
• Detail-oriented with excellent organizational and time management skills.
• A proactive, collaborative mindset and a focus on continuous improvement.
• Strong analytical, problem solving and critical thinking skills
• Excellent written and verbal communication skills
• Self-motivated with the ability to work both independently as well as play a role within a cohesive team of professionals
• Ability to perform financial functions within an organization subject to various internal and external policies, procedures and regulations