Accounts Payable & Accounts Receivable Specialist at Columbia Banking System in Washington, DC

Job description

Job Description Established in 1975, Financial Pacific Leasing, Inc. (a subsidiary of Columbia Bank), is a direct provider of small-ticket commercial equipment leases. FinPac originates business through partnering with vendors, third party originators and lessors nationwide. For over 50 years, these partners have relied on Financial Pacific to provide them with innovative financing solutions for their customers About the Role: This role is responsible for accurately posting and reconciling payments, managing daily cash control, and ensuring all financial transactions are processed correctly and on time. Duties include resolving posting discrepancies, maintaining key reconciliations, supporting remote bank deposits, and coordinating closely with banking partners and internal departments. The position also assists with accounts payable tasks while upholding strict compliance, confidentiality, and customer service standards. Flexibility during peak periods and readiness to handle additional responsibilities as needed are essential. Payment Posting & Reconciliation Posts payments from multiple sources to lease contracts Researches and resolves rejects; balances and saves daily cash control sheets Uploads and reconciles LBX/APS/ACH transactions, making adjustments as needed Corrects misapplied payments and processes adjustments from internal departments Maintains daily reconciliations, including direct deposits, suspense, next‑day air, and prepayment deposits Coordinates with Booking to ensure accurate and timely payment applications Banking & Deposit Processing Manages remote bank deposits, daily file saving, and batch balancing Maintains productive relationships with banking personnel for issue resolution Oversees scanner maintenance and replacements as needed May require an occasional bank run for an in-person deposit Accounts Payable Supports accounts payable for funding and operations, including but not limited to, invoice verification, check processing, approvals, and distribution Maintains FedEx supplies and account; files payable documentation Works overtime during month‑end or as needed and performs additional duties as assigned. Must be available for work on month end Demonstrates compliance in assigned job function and applies to designated job responsibilities. Takes personal initiative following all policies and procedures, Bank Secrecy Act, compliance regulations, and completes all required and job-specific training. Raises and/or addresses compliance issues for evaluation, investigation and resolution. Provides highest level of customer service to all lessees, vendors, brokers and staff. Assists and supports other staff as needed. Regular and predictable attendance and punctuality. undefined Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes. Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training. Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description. May be asked to coach, mentor, or train others and teach coursework as subject matter expert. Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words. Takes personal initiative and is a positive example for others to emulate. Embraces our vision to become “Business Bank of Choice” May perform other duties as assigned. About You: High School graduate or equivalent. Required Bachelor’s degree in finance and business. Preferred 3+ years of high volume AP and AR experience. Required Excellent organizational skills with strong attention to detail Proficient in managing documents and tracking information across multiple systems Dependable bac