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City First Bank

Part-Time Accounts Payable Specialist

City First Bank, Washington, District of Columbia, us, 20022

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Overview City First Bank N.A. is a mission-driven Community Development Financial Institution (CDFI) principally focused on a transformative impact in underserved, urban markets with the highest needs to drive equitable economic development. Our lending activities are purely commercial and focused on the following segments: Multifamily Affordable Housing, Not-for-Profit Finance, and Small Business Finance. As a depository and commercial lending provider with over $1.2 billion in bank assets as of June 30, 2025, our unified organization has over 100 employees in Washington DC and Los Angeles/Inglewood, CA.

Role Summary The position of the Accounts Payable Specialist is performing accounting support and administrative work in classifying and processing accounting transactions, maintaining, and reconciling assigned accounts and compiling, reviewing and verifying data/information to prepare financial and accounting reports. This person should have a good overall understanding of the accounts payable and accounting cycle.

Essential Functions And Responsibilities

Ensure invoices are entered in AvidAscend timely for approval

Process vendor payments upon invoice approval via ach and checks

Assists with maintaining prepaid accounts

Assists with fixed asset accounts

Assist in internal and external audits by providing accurate financial data and supporting documentation.

Analyze invoices to identify trends, anomalies, and areas for improvement

Set up and maintain accurate vendor records

Provide support to bank vendors, including answering inquiries related to invoices and payments

Create reports detailing accounts payable status

Investigates and resolves discrepancies

Post journal entries to record transactions to the general ledger

Prepares annual 1099s for distribution to Directors and vendors

Assists in the annual escheatment process

Other duties as assigned

Education & Experience

2-year College Degree in Accounting, Business, or related field or 2 years of experience working with accounts payable, general ledger, reconciliations, month-end closing, general accounting processes, prepaids and fixed assets.

Knowledge, Skills, And Abilities

Proficiency in Microsoft Office with intermediate/advanced skill in Excel

Good analytical and problem-solving skills

Ability to meet deadlines

Strong work ethic and attention to detail

Preferred Knowledge & Skills: Ability to collaborate with other departments throughout the Bank

Proficiency in FIS/Horizon or similar bank-related core accounting system preferred

Proficiency with AvidAscend or similar-related accounts payable, fixed asset and prepaid software

Salary: $30/hr

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