Latino Community Credit Union · 1 month ago
Accounts Payable Associate (Durham)
Latino Community Credit Union is hiring an Accounts Payable Associate to manage day-to-day accounts payable transactions and support financial documentation processes. The role involves ensuring accurate processing of transactions, vendor management, and compliance with accounting standards.
CreditFinancial ServicesNon Profit
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
Qualification
Required
Associate degree in business/finance/accounting required
0-1 year of progressive experience in accounting, preferably within a financial institution
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
Preferred
Bachelor's degree preferred
Experience with AP automation systems (AvidPay Exchange or equivalent) preferred
Working knowledge of GAAP, internal controls, and vendor compliance requirements preferred
Professional proficiency in Spanish preferred
Benefits
Employer-paid medical insurance plan
401(k) plan (with a substantial company match)
Employer-paid life and disability plan
Generous paid time off to maintain a healthy work/life balance
Company
Latino Community Credit Union
Latino Community Credit Union offers checking, saving accounts, loans, credit and financial education services.
Funding
Current Stage
Growth StageTotal Funding
$3.72MKey Investors
Community Development Financial Institutions Fund
2023-04-10Grant· $3.72M
Leadership Team
Recent News
2025-10-23
Business Insider
2024-12-17
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