Accounts Payable & Accounts Receivable Specialist

Columbia Bank•Federal Way, WA

23d•Onsite

About The Position

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.

Requirements

High School graduate or equivalent.
3+ years of high volume AP and AR experience.
Excellent organizational skills with strong attention to detail
Proficient in managing documents and tracking information across multiple systems
Dependable backup support for administrative and financial processing tasks
Strong writing, editing, and grammar skills.
Advanced PC skills with proficient knowledge of Microsoft Office applications, including word and Excel.
Strong communication, collaboration, and organizational abilities.
Demonstrated ability to work within timelines and consistently meet deadlines

Nice To Haves

Bachelor’s degree in finance and business.

Responsibilities

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
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
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.
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.

Benefits

Comprehensive healthcare coverage (medical, dental, and vision plans)
401(k)-retirement savings plan with employer match for qualifying associate contributions
Employee assistance program
Life insurance
Disability insurance
Tuition assistance
Mental health resources
Identity theft protection
Legal support
Auto and home insurance
Pet insurance
Access to an online discount marketplace
Paid vacation
Sick days
Volunteer days
Holidays