Accounts Payable & Accounts Receivable Assistant

Location: Niagara Falls

CWD designs, markets & sells the highest performing consumer electronics that are smart, simple, and stylish. From high fidelity turntables to wireless video connectivity systems, we create innovative products that empower people. Our success is measured in our customer satisfaction ratings and dedicated following. We have been in business since 1961 and our creations can be found in millions of homes.

Together in teams, as a company, as a community, we are committed to Creating What’s Different!

CWD is looking for an  Accounts Payable & Accounts Receivable Assistant  to join our Accounting team at our Niagara Falls location. Reporting to the Controller, the successful candidate will support the day-to-day accounts payable and accounts receivable functions, with a strong focus on marketplace and brand website settlements, vendor payments, reconciliations, and maintaining accurate financial records in our ERP system.

If you are someone that likes a challenge and is continuously striving for excellence, then this is the perfect opportunity for you!

This is a full-time permanent role working 40 hours a week on-site. Our hours of operation are 8:15am to 5:00pm Monday to Friday.

Key Responsibilities
Accounts Receivable

Manage the day-to-day accounts receivable cycle, with a primary focus on marketplace and brand website settlements.

Access, upload, and reconcile sales, payment, and settlement information from marketplace and payment facilitator portals, ensuring transactions are accurately recorded in the Company's ERP system.

Review settlement reports and deductions, including fees, commissions, returns, fines, and other charges, and investigate and resolve discrepancies using Excel.

Analyze accounts receivable aging reports, apply payments and credit memos to outstanding invoices, and follow up on outstanding or unusual items.

Prepare credit memos and other adjustments related to returns, deductions, fines, and settlement discrepancies.

Assist with troubleshooting EDI and marketplace-related issues and coordinate with collection agencies on delinquent accounts when required.

Respond to internal accounts receivable inquiries and work with other departments to resolve issues in a timely manner.

Complete monthly marketplace and brand website settlements accurately and within established deadlines, with the goal of progressively reducing settlement completion timelines.

Accounts Payable

Manage the day-to-day accounts payable cycle, including vendor invoices, payments, debit and credit notes, and reconciliations.

Accurately enter vendor bills and purchase orders in accordance with Company procedures and budget requirements, and reconcile purchase orders as needed.

Prepare and process vendor payments by wire, cheque, and other approved payment methods, ensuring vendors are paid accurately and according to agreed-upon terms.

Prepare and reconcile vendor statements of account and investigate discrepancies.

Reconcile corporate credit card statements, track balances, and prepare settlements.

Complete online banking and credit card-related transactions as required.

Respond to vendor and internal inquiries and resolve accounts payable issues in a timely manner.

Accounting Team Support

Provide backup support to accountants during absences or periods of increased workload.

Assist with reconciliations, journal entries, month-end and year-end accounting activities, and other accounting tasks as required.

Assist with internal and external audits and provide supporting documentation as requested.

Complete ad hoc accounting tasks and assignments as directed by the Controller.

Other

Maintain accurate and organized accounting records and documentation.

Identify, report, and assist in resolving process issues and discrepancies.

Undert…