Accounts Payable Accountant Accounting

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™ .
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.
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.
Our people live their purpose while helping others Do more, Be more and Achieve more with their money and their lives. Accounts Payable, Accountant
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
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.
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
Review employee travel and expense reports for proper coding, approval, and policy compliance; 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. Assist with annual audits and business units’ requests for invoices
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 understanding of accounting principles
Strong mathematical and data entry skills
Strong computer skills including Microsoft Word, Excel, and Adobe
Normal office environment with standard work week of 38 hours with additional time required to meet deadlines and project deliverables.

Department: Finance
Corporate Office
Employment Status: Full-time
Actual annual base salaries will vary depending on relevant job-related factors such as experience, knowledge, skills, qualifications, and education/training. This position may be eligible for discretionary bonuses.
DUCA is committed to employment equity and encourages applications from all qualified candidates. Talent Acquisition Partners review all results.