Accounts Receivable Specialist Jobs in Mississauga, ON
Accounts Receivable Specialist Salary in Mississauga
Salaries adjusted for Mississauga's cost of living index (118% of national average).
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Accounts Receivable Specialist Job Market in Mississauga
Mississauga offers a competitive job market for Accounts Receivable Specialist professionals. As a major hub for Technology and Pharmaceuticals, the city has strong demand for finance & accounting talent. The market for Accounts Receivable Specialist positions remains stable, with opportunities in both established companies and emerging businesses. Mississauga's growing economy and quality of life attract both local talent and professionals relocating from larger cities.
Top Companies Hiring Accounts Receivable Specialists in Mississauga
Major employers hiring Accounts Receivable Specialists in Mississauga include National banks, Credit unions, Insurance companies. The strong financial services presence in Mississauga creates consistent demand for experienced Accounts Receivable Specialist professionals.
Accounts Receivable Specialist Salary in Mississauga vs Other Cities
Accounts Receivable Specialist salaries in Mississauga typically range from $44,840 to $64,900 annually. This is approximately 6% lower than Toronto, but the lower cost of living often results in similar take-home purchasing power.
Cost of Living for Accounts Receivable Specialists in Mississauga
Living in Mississauga as a Accounts Receivable Specialist means navigating a cost of living that's above the national average. Average rent for a 1-bedroom apartment is approximately $1,500/month (12% below national average). With Accounts Receivable Specialist salaries starting around $38,000, budgeting carefully for housing is advisable in Mississauga.
Commuting as a Accounts Receivable Specialist in Mississauga
Mississauga mix of public transit and car commuting. Key transit tips: Check transit routes to your potential workplace. Consider commute time when choosing where to live.
Mississauga offers various neighborhoods suitable for Accounts Receivable Specialist professionals, with options ranging from urban cores to suburban areas with good transit access.
Frequently Asked Questions About Accounts Receivable Specialist Jobs in Mississauga
What is the average Accounts Receivable Specialist salary in Mississauga?
Accounts Receivable Specialist salaries in Mississauga typically range from $44,840 to $64,900 annually, depending on experience and company size. While Mississauga has a higher cost of living, compensation tends to reflect this.
Is Mississauga a good city for Accounts Receivable Specialists?
Mississauga is a major hub for Accounts Receivable Specialist professionals. Technology and Pharmaceuticals are the dominant industries, creating consistent demand. The city's population of 718K supports a diverse job market with both established companies and emerging businesses.
What's the cost of living like for Accounts Receivable Specialists in Mississauga?
Mississauga's cost of living index is 118 (national average = 100). Housing costs are above average, so budgeting is important even with good salaries.
What skills are essential for Accounts Receivable Specialist roles?
Key skills for Accounts Receivable Specialist positions include Invoice Processing, Collections, Reconciliation, as well as ERP Systems and Customer Communication. Employers particularly value candidates who can demonstrate practical experience with these competencies through projects, certifications, or previous work experience.
What certifications are most valuable for finance careers in Canada?
The CPA (Chartered Professional Accountant) is essential for accounting roles. The CFA (Chartered Financial Analyst) is highly valued for investment positions. CFP (Certified Financial Planner) is important for wealth management. For risk and compliance, the FRM (Financial Risk Manager) is increasingly sought after. These designations can significantly boost earning potential.
How is the finance industry in Canada different from the US?
Canada's Big Five banks (RBC, TD, BMO, Scotiabank, CIBC) dominate the financial sector, creating more stability but fewer employers than the fragmented US market. Bay Street in Toronto is Canada's financial hub. Canadian finance roles tend to have better work-life balance than Wall Street, though compensation is somewhat lower.
What are the main financial hubs in Canada for finance jobs?
Toronto is Canada's undisputed financial capital, home to all major bank headquarters and the TSX. Montreal has a growing fintech scene and insurance presence. Calgary serves the energy finance sector. Vancouver has emerging wealth management and fintech opportunities. Ottawa handles government finance and regulatory bodies.
Is bilingualism important for finance jobs in Canada?
Bilingualism (English/French) is a significant advantage, especially for roles at federal institutions, Quebec-based companies, or national banks serving francophone clients. While not required for most Toronto-based positions, bilingual candidates often have access to more opportunities and can command salary premiums of 10-15%.
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