A/P Coordinator bei City First Bank of DC

Description

WHO WE ARE

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 Coordinator 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

Requirements

EDUCATION & EXPERIENCE

Required 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

Required Knowledge & Skills:

• 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