Accounts Payable Coordinator
7 months ago
**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 bi-weekly 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 co-ordinate 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 month-end and year-end 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 multi-task 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 co-workers at all levels within the organization
- Strong problem-solving 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 - 5255 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.
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