Account Payable jobs in Canada

Why DUCA?

We’re a vibrant, exciting credit union that lives its "profits with a purpose" philosophy in every financial transaction, product, interest rate, and community initiative we offer. Founded in 1954, DUCA has grown from a single branch credit union in Toronto to 19 branches across Southern Ontario with over 85,000 Members we are proud to serve.

We exist to help People, Businesses and Communities Do More, Be More, and Achieve More™.

DUCA is distinguished for the following:

• Positive, un-big bank like service experience delivered through Member-facing staff in branch, on the phone (Member-Connect) and via our Mobile mortgage specialists, Wealth Management advisors and Commercial and Business Banking Account Managers.
• Competitive rates.
• Personalized financial solutions, guidance, and service with the lowest possible fees for both Personal and Business Members.
• Profit sharing among Members.
• Multiple ways to bank—online, mobile app, phone/full-service Member Connect Contact Centre, and, of course, in-branch—DUCA is accessible 24/7
• A community philosophy of “profits with a purpose” culminating in the creation of the DUCA Impact Lab, a charitable foundation committed to helping the credit challenged and underbanked. This led to DUCA's designation as a B-Corp certified organization, the first ever credit union to receive this global recognition.

A career with DUCA means you’ll find endless opportunities to make a difference with your unique abilities and perspectives. Our people live their purpose while helping others Do more, Be more and Achieve more with their money and their lives. At DUCA, you’ll be part of a vibrant and collaborative team where you’ll be supported to excel and make an impact, no matter what role you play.

DUCA is currently looking for an Accounts Payable, Accountant to join our dynamic team!

The Accounts Payable, Accountant serves as the primary contact for DUCA’s end-to-end accounts payable cycle. This role ensures all invoices are processed and paid accurately and on time, while supporting the Finance team with period-end closing activities including reconciliations. This position is independently responsible for the accounts payable function, including verifying and reconciling invoices, monitoring expenses, and maintaining detailed records. Additionally, this position prepares journal entries, performs account reconciliations, and assists with closing processes.

Role: 70% accounts payable 30% accounting reconciliations

• Organize and identify the nature of invoices to efficiently process them to proper GLs
• Ensure approvals from the appropriate business units in accordance with delegation of authority matrix
• Process weekly payments via cheques, wires and EFT for approved invoices, and monitor bi-weekly Accounts Payable Aging to ensure timely payment
• Book the bank transfers in the core banking system, make credit card payments, and ensure accuracy and timeliness.
• Book month-end and year-end accruals, book prepayments, book journal entries, void payments and monitor vendor information where required
• Co-ordinate the transition from cheque and wire payments to EFT payments
• Reconcile vendor statements, serve as the point of contact for invoice-related inquiries, and resolve issues promptly
• Respond to incoming calls and emails from vendors; address, redirect, or elevate as appropriate
• Review employee travel and expense reports for proper coding, approval, and policy compliance; coordinate with employees where required
• Work closely on project related expenses to review and determine appropriate accounting treatment (capital or expense)
• Prepare reconciliations for the month-end and year-end close processes. Investigate and remediate reconciling items by working with internal and external stakeholders.
• 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

• 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

• Strong analytical and communication skills (written and oral)
• Strong understanding of accounting principles
• 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

• Normal office environment with standard work week of 38 hours with additional time required to meet deadlines and project deliverables.

Department: Finance

Primary Location: Corporate Office

Employment Status: Full-time

Hours per Week: 38

Number of Vacancies: 1

Salary: The annual salary range for this position is $51,904 to $64,880 . Actual annual base salaries will vary depending on relevant job-related factors such as experience, knowledge, skills, qualifications, and education/training. This position is also eligible for discretionary bonuses.

DUCA is committed to employment equity and encourages applications from all qualified candidates. Recruitment related accommodations will be provided upon request.

Our hiring process includes AI screening for keywords and minimum qualifications. Talent Acquisition Partners review all results.

Qualified applicants are encouraged to submit their application. Applications must include a resume.

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