Accounts Payable

**About You**

Do you have a passion for compliance, efficiency and accuracy?

Do you have experience in accounts payable accounting and payroll administration?

If you are a well-rounded financial professional who is looking for a great opportunity, we have the role for you

Mainstreet Credit Union is actively recruiting for an Accounts Payable clerk to join our team

We believe we have the best team in the business due to our leadership philosophy of excellence, and team development. If you are an experienced analyst with values that align with ours and want a new opportunity at a cooperative organization where employees, clients, and our communities’ matter, we would like to hear from you

**Why Join Our Team?**

At Mainstreet we believe in investing in you - whether it is our employees or our incredible members. At Mainstreet we are committed to providing exceptional service, advice and improving and making a difference in the lives of our members.

Mainstreet offers its employees:

- Work-life balance and flexible work arrangements
- Opportunities for training and advancement
- Generous salary, vacation and benefits (Mainstreet is a Living Wage employer)
- Opportunity to work at a values-based cooperative

**Our Values**:
**Personalized**: High quality personalized advice with flexible solutions.

**Supported**: Highly responsive through empowered professionals.

**Known**: Meaningful impact and connected to community.

**Easy**:Easy and in the way our members prefer.

**Job Function**:
Major Duties and Responsibilities:

- Responsible for processing accounts payable invoices accurately and in a timely manner.
- Reconcile vendor statements and resolve any discrepancies.
- Prepare and process accounts receivable invoices.
- Monitor accounts receivable aging and follow up on overdue accounts.
- Ensure timely remittance of government withholdings and HST filing.
- Provide rate exceptions for foreign exchange transactions exceeding $10,000.
- Assist in processing payroll for employees, ensuring accuracy and compliance with relevant regulations.
- Daily updates of foreign exchange rates on both the banking system and the website.
- Maintain payroll records and resolve any payroll-related inquiries.
- Ensure the reconciliation of bank statements for accounts and promptly address any outstanding entries.
- Assist in month-end and year-end closing procedures.
- Prepare and post journal entries as require. Record entries, balance, and reconcile daily transactions in the general ledger, process employee expense reimbursements, including the allocation of expenses to the appropriate general ledger accounts.
- Reconcile bank accounts and other balance sheet accounts.
- Stay updated on relevant accounting standards, regulations, and compliance requirements.
- Ensure adherence to internal controls and procedures.
- Respond to branch questions and concerns efficiently and in a timely manner.
- Perform other duties as assigned.
- Assist with special projects and initiatives as assigned.

Qualifications:

- Post secondary education in finance, accounting, or a related field.
- Previous experience in financial administration or accounting, preferably within a credit union or financial institution.
- Strong analytical skills and attention to detail.
- Excellent communication and interpersonal skills.
- Ability to work effectively in a team environment and collaborate with colleagues across departments.
- A professional certification such as CPA, or actively working towards one is an asset.
- Knowledge of regulatory requirements governing financial institutions, particularly in Ontario is an asset.

Join Mainstreet Credit Union and be part of a workplace that values diversity, promotes equity, and fosters inclusion. We actively seek diverse perspectives, ensure equal opportunities for all, and cultivate a culture where every individual feels valued. Our commitment to continuous learning ensures an environment where everyone can thrive.