Latino Community Credit Union
Accounts Payable Associate (Durham)
Latino Community Credit Union, Durham, North Carolina, United States, 27703
Description
LCCU is hiring!
Your Contribution The
Accounts Payable Associate
is responsible for executing day‑to‑day accounts payable (AP) transactions, updating vendor information, and supporting the documentation of finance procedures. This role provides continuity in AP and system testing, ensuring accurate and timely processing of transactions while enabling Accounting Specialists to focus on analysis, reconciliations, and financial reporting. The Accounts Payable Associate also supports compliance with Lease Accounting Standard ASC 842, oversees AvidPay Exchange, and contributes to finance system rollouts and upgrades.
Responsibilities
Perform day‑to‑day tasks in the AvidPay Exchange system, including invoice entry, payment processing, and adherence to internal controls.
Oversee vendor onboarding, maintenance, and periodic review of vendor data and documentation (including W-9s and 1099s).
Manage AP workflows from invoice intake through payment processing, including exception handling.
Monitor AP aging, prepare reconciliations, and support month‑end close.
Document finance and accounting workflows, maintaining up‑to‑date procedure manuals.
Coordinate with Accounting Specialists and the Operations Specialist to ensure controls are documented and consistently applied.
Identify process improvement opportunities and recommend solutions to enhance efficiency and reduce risk.
Collaborate with IT, Finance, and external vendors on updates or changes affecting AP or financial workflows.
Assist with testing and documenting system improvements to ensure process accuracy and control.
Provide data and process support for ASC 842 Lease Accounting compliance.
Assist with internal and external audits by preparing schedules and supporting documentation for AP and vendor‑related processes.
Ensure adherence to GAAP, NCUA, and internal policy requirements for AP transactions.
Provide backup support to the Accounting Operations Specialist for fixed assets and prepaids as needed.
Collaborate closely with Specialists and Accounting Assistant II to ensure continuity of operations.
Provide training or guidance to staff on AP processes, vendor requirements, and system use.
Perform other tasks and projects assigned by the VP Controller or Chief Financial Officer.
Requirements Curious about joining our LCCU team? Here’s what you’ll need to bring along:
Associate degree in business/finance/accounting required.
Bachelor’s degree preferred.
0-1 year of progressive experience in accounting, preferably within a financial institution.
Experience with AP automation systems (AvidPay Exchange or equivalent) preferred.
Working knowledge of GAAP, internal controls, and vendor compliance requirements preferred.
Strong proficiency in Microsoft Excel and accounting systems (QuickBooks, ERP or core systems).
Experience in documenting processes and participating in system rollouts or upgrades.
Strong organizational skills and attention to detail; ability to handle multiple priorities.
Ability to work independently and collaboratively across departments.
Professional proficiency in English required; Spanish preferred.
Culture Fit
You are motivated to learn and grow into the best version of your professional and personal self.
Your core values resonate with pursuing meaningful results to make a positive difference in your community.
You thrive in an environment with team members who work from the heart. With employees from 20 different countries, we are a fun and multicultural team that comes together to embrace and learn from our differences. Organizational initiatives are constant.
Benefits We provide a challenging and friendly work environment as well as a competitive salary and benefits package, including an employer‑paid medical insurance plan, 401(k) plan (with a substantial company match), employer‑paid life and disability plan, and generous paid time off to maintain a healthy work/life balance.
We foster a culture that incites creativity, encourages collaboration, and provides the opportunity for our employees to be their best and build their careers. Don’t wait! Come and experience the purpose that comes with being part of the movement towards a stronger, more inclusive community.
Apply Now To learn more about Latino Community Credit Union visit our webpage,
www.latinoccu.org , and to view available opportunities, please visit the
Careers
section.
Latino Community Credit Union is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
#J-18808-Ljbffr
LCCU is hiring!
Your Contribution The
Accounts Payable Associate
is responsible for executing day‑to‑day accounts payable (AP) transactions, updating vendor information, and supporting the documentation of finance procedures. This role provides continuity in AP and system testing, ensuring accurate and timely processing of transactions while enabling Accounting Specialists to focus on analysis, reconciliations, and financial reporting. The Accounts Payable Associate also supports compliance with Lease Accounting Standard ASC 842, oversees AvidPay Exchange, and contributes to finance system rollouts and upgrades.
Responsibilities
Perform day‑to‑day tasks in the AvidPay Exchange system, including invoice entry, payment processing, and adherence to internal controls.
Oversee vendor onboarding, maintenance, and periodic review of vendor data and documentation (including W-9s and 1099s).
Manage AP workflows from invoice intake through payment processing, including exception handling.
Monitor AP aging, prepare reconciliations, and support month‑end close.
Document finance and accounting workflows, maintaining up‑to‑date procedure manuals.
Coordinate with Accounting Specialists and the Operations Specialist to ensure controls are documented and consistently applied.
Identify process improvement opportunities and recommend solutions to enhance efficiency and reduce risk.
Collaborate with IT, Finance, and external vendors on updates or changes affecting AP or financial workflows.
Assist with testing and documenting system improvements to ensure process accuracy and control.
Provide data and process support for ASC 842 Lease Accounting compliance.
Assist with internal and external audits by preparing schedules and supporting documentation for AP and vendor‑related processes.
Ensure adherence to GAAP, NCUA, and internal policy requirements for AP transactions.
Provide backup support to the Accounting Operations Specialist for fixed assets and prepaids as needed.
Collaborate closely with Specialists and Accounting Assistant II to ensure continuity of operations.
Provide training or guidance to staff on AP processes, vendor requirements, and system use.
Perform other tasks and projects assigned by the VP Controller or Chief Financial Officer.
Requirements Curious about joining our LCCU team? Here’s what you’ll need to bring along:
Associate degree in business/finance/accounting required.
Bachelor’s degree preferred.
0-1 year of progressive experience in accounting, preferably within a financial institution.
Experience with AP automation systems (AvidPay Exchange or equivalent) preferred.
Working knowledge of GAAP, internal controls, and vendor compliance requirements preferred.
Strong proficiency in Microsoft Excel and accounting systems (QuickBooks, ERP or core systems).
Experience in documenting processes and participating in system rollouts or upgrades.
Strong organizational skills and attention to detail; ability to handle multiple priorities.
Ability to work independently and collaboratively across departments.
Professional proficiency in English required; Spanish preferred.
Culture Fit
You are motivated to learn and grow into the best version of your professional and personal self.
Your core values resonate with pursuing meaningful results to make a positive difference in your community.
You thrive in an environment with team members who work from the heart. With employees from 20 different countries, we are a fun and multicultural team that comes together to embrace and learn from our differences. Organizational initiatives are constant.
Benefits We provide a challenging and friendly work environment as well as a competitive salary and benefits package, including an employer‑paid medical insurance plan, 401(k) plan (with a substantial company match), employer‑paid life and disability plan, and generous paid time off to maintain a healthy work/life balance.
We foster a culture that incites creativity, encourages collaboration, and provides the opportunity for our employees to be their best and build their careers. Don’t wait! Come and experience the purpose that comes with being part of the movement towards a stronger, more inclusive community.
Apply Now To learn more about Latino Community Credit Union visit our webpage,
www.latinoccu.org , and to view available opportunities, please visit the
Careers
section.
Latino Community Credit Union is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
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