About Versapay 🚀
Versapay is the leader in Collaborative Accounts Receivable. The Versapay Collaborative AR Network is the first solution that empowers the genius of teams by bridging the gap between suppliers and buyers through a shared, digital experience. Versapay’s accounts receivable (AR) automation solutions and next-generation B2B payments network make billing and payments easier for enterprises, increasing efficiencies, accelerating cash flow, and dramatically improving the customer experience.
Founded in 2006, the company has grown into a global network of 9,000+ clients and 1,000,000+ users handling 40+ million new invoices and driving $60+ billion in global payment volume annually.
Versapay goes beyond traditional AR automation to deliver customer-driven experiences. The results? Versapay’s clients benefit from improved payment times and stronger customer relationships with an over 80% portal adoption rate.
Owned by Great Hill Partners, Versapay is based in Toronto with offices in Atlanta and Miami.
Think you might be the next Veep to join? Read on!!
Our Values
⭐️ We obsess over our customers.
⭐️ We help each other.
⭐️ We embrace diversity.
⭐️ We find better ways.
⭐️ We get things done.
⭐️ We own it.
Here’s how you’ll make a huge impact here – and on your career:
The accounting team at Versapay handles a full range of operational accounting and financial reporting responsibilities. We don’t just close the books. We tackle complex technical accounting challenges and spearhead projects to drive efficiency, improve controls, and enhance reporting. As a member of our team, you will be exposed to exciting challenges, gain valuable full cycle accounting experience, and work with a team who supports your success!
In this role you will participate in day-to-day billing, collections, and revenue functions of the company, assist with general month-end close duties, and work on special assignments as needed. To be successful you will need to have at least 1 year of full-cycle accounting experience and be familiar with accounting standards and principles. You should also be comfortable navigating accounting software and proficient in Microsoft Excel.
What You'll Do:
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Become an expert on billings. Issue customer invoices based on incoming reporting and keep customer payment information up to date. Correspond with customers on billing-related questions and investigate discrepancies.
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Collaborate with our customer care teams. Facilitate customer refunds as necessary. Ensure necessary approvals and recommend appropriate accounting treatment.
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Own AR collections efforts. Analyze outstanding customer invoices and work directly with customers and internal teams to ensure payment is collected in a timely manner.
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Play a key role in supporting month end close. Record monthly journal entries such as cash transactions and revenue and COS accruals in NetSuite. Perform certain balance sheet reconciliations and update related schedules and workpapers.
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Support cash management. Ensure timely and accurate recording of cash transactions to the general ledger, keeping our customers’ accounts up to date; perform bank reconciliations.
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Contribute to the finance department’s success. In addition to executing your day-to-day tasks, you will support the team’s success by participating in projects and completing ad hoc requests when needed.
What You'll Need:
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Minimum Education: University degree or College Diploma in accounting related discipline preferred
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Minimum Experience: 1 year of full-cycle accounting experience
- High level of proficiency in Microsoft Excel
Who You Are:
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You pay attention to the details. As far as you’re concerned, anything worth doing is worth doing right, every single time. You stay focused and nothing falls through the cracks on your watch.
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You value accuracy. Double checking your own work is second nature to you.
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You work efficiently. You spend your time on the right things and keep tasks moving forward.
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You own your mistakes and learn from them.
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You ask the right questions. When you don’t understand something, you question it. You make sure that you have the right information to do your job well.
- You communicate clearly and effectively.
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You are a team player. You are accountable, embrace collaboration, and find ways to help.
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