Accounts Payable Specialist

Overview

• Manage accounts payable processes, ensuring timely and accurate payment to vendors and adherence to company policies.
• Oversee invoice processing, coding, and reconciliation, maintaining organized and accurate records.
• Collaborate with internal departments to resolve discrepancies and improve payment workflows.
• Ensure compliance with financial regulations and company guidelines in all accounts payable activities.
• Support month-end closing processes by preparing reports and reconciling accounts.
• Maintain vendor relationships, addressing inquiries and ensuring satisfaction with payment processes.
• Provide insights and recommendations for process improvements to enhance efficiency and accuracy.
• Assist in audits and compliance reviews, ensuring transparency and adherence to standards.

Key Responsibilities & Duties

• Process invoices and payments accurately and efficiently, adhering to company policies.
• Reconcile vendor statements and resolve discrepancies in a timely manner.
• Maintain accurate records of accounts payable transactions and ensure proper documentation.
• Collaborate with procurement and finance teams to streamline payment processes.
• Prepare and analyze accounts payable reports for management review.
• Support internal and external audits by providing necessary documentation and explanations.
• Monitor and enforce compliance with financial regulations and company policies.
• Provide training and guidance to junior staff on accounts payable procedures.

Job Requirements

• Bachelor's degree in Accounting, Finance, or a related field required.
• Minimum of 5 years of experience in accounts payable or related roles.
• Proficiency in accounts payable systems and Microsoft Office Suite, especially Excel.
• Strong analytical skills and attention to detail for accurate financial processing.
• Excellent communication skills for effective collaboration with vendors and internal teams.
• Ability to manage multiple tasks and deadlines in a fast-paced environment.
• Knowledge of financial regulations and compliance standards is highly desirable.
• Experience with ERP systems and accounts payable software preferred.