Accounts Payable Coordinator - Toronto, Canada - DUCA Financial Services Credit Union Ltd.

DUCA Financial Services Credit Union Ltd.

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Why DUCA?
At DUCA, we strive for excellence in everything we do. Our commitment to
_Do more, Be more, Achieve more_ is what sets us apart and drives our company culture.

DUCA's impact goes beyond our financial solutions - we're dedicated to making a real difference in the lives of our members and in our community.

We believe our employees are our most valuable resource We are committed to providing you with the tools, support, and challenge you need to develop your career and achieve a healthy work-life balance while contributing to our outstanding culture.

DUCA offers a strong total compensation package including competitive salaries and bonuses, employer-paid benefits, banking perks, wellness days, and much more.

Accounts Payable Coordinator

Job Purpose & Summary

Process weekly payments via cheques and wires for approved invoices and monitor biweekly Accounts Payable Aging to ensure items are paid on time
Book the bank transfers in the core banking system and make credit card payments, ensure accuracy and timeliness
Initiate and coordinate the proposed transition from cheque payments to EFT payments
Reconcile vendor statements, communicate with vendors as first point of contact to discuss invoice related issues, if any, and resolve them
Review employee travel and expense reports to ensure proper coding and approval and adherence to company policies
Work closely on project related expenses to review and determine appropriate accounting treatment (capital or expense)
Reconcile project expenses and compare actual spent to budget and collaborate with the business units to analyze and justify variances
Prepare reconciliations for the monthend and yearend close processes
Assist with annual audits and business units' requests for invoices
Assist in analyzing and documenting significant periodic expense variances
Help determine opportunities to streamline processes, identify automation opportunities, eliminate unnecessary or redundant tasks, and improve governance and oversight
Develop and implement accounts payable procedures by documenting and analyzing current procedures and recommending changes
Complete other accounting related duties, as required

Occupational Experience & Education Requirements

2+ years of accounts payable related working experience
Understanding of principles of finance, accounting, and bookkeeping required
Degree in (or working towards) Accounting, Finance or Commerce considered an asset

Knowledge, Skills & Attributes

Strong analytical and communication skills (written and oral)
Strong mathematical and data entry skills
Ability to multitask with a high level of attention to detail and accuracy in a deadline driven environment
Ability to prioritize tasks and manage an increased workload and demands during peak periods
Strong computer skills including Microsoft Word, Excel, and Adobe
Ability to establish and maintain effective working relationships with coworkers at all levels within the organization
Strong problemsolving and investigative skills, and the ability to make sound recommendations
Demonstrated discretion and confidentiality when handling sensitive information

Working Conditions

Hybrid/normal office environment with standard work week of 38 hours with additional time required to meet deadlines and project deliverables.

Department:
Finance

Primary Location:
Hybrid - Head Office Yonge St, North York.

Employment Status:
Full-time

Hours per Week:38

We thank all applicants but only those considered for an interview will be contacted.