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Accounts Payable & Accounts Receivable Specialist

Columbia Bank227 open roles

Where
Federal Way, Washington
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Your applicationOpen nowAccounts Payable & Accounts Receivable SpecialistColumbia Bank · Federal Way, Washington
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The clock on this job

Early applications get read.

12.7% of postings close within 7 days. Measured by our own scanner across the market. Columbia Bank postings stay open a median of 12 days.

Share of postings closed within
  1. 2.2%1 day
  2. 4.5%3 days
  3. 12.7%7 days
  4. 20.4%14 days
  5. 35.6%30 days
  6. 58.7%60 days
This job: posted today

Columbia Bank median: 12 days open

The posting

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 & ReconciliationPosts 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 ProcessingManages 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 PayableSupports 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 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

The pay range for this role is $21.00 - $24.00.

The pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation, and those details will be provided during the recruitment process.

Primary Location: Ability to work fully onsite at posted location(s).

3455 South 344th Way Suite 300 Federal Way WA 98001

Our Benefits:

We are proud to offer a competitive total rewards package including base wages and comprehensive benefits.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an 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, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment to Diversity:

Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [email protected].

To Staffing and Recruiting Agencies:

Our posted job opportunities are only intended for individuals seeking employment at Columbia Bank. Columbia Bank does not accept unsolicited resumes or applications from agencies and Columbia Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Columbia Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.

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