Accounts Payable Specialist

Overview

• Manage and oversee accounts payable operations, ensuring timely and accurate processing of invoices and payments.
• Collaborate with internal teams to resolve discrepancies and streamline payment workflows effectively.
• Maintain organized and accurate financial records, ensuring compliance with company policies and regulations.
• Support month-end closing processes by preparing detailed reports and reconciling accounts.
• Build and sustain strong vendor relationships, addressing inquiries and ensuring satisfaction with payment processes.
• Identify opportunities for process improvements to enhance efficiency and accuracy in accounts payable operations.
• Assist in audits and compliance reviews, ensuring transparency and adherence to standards.
• Provide insights and recommendations for optimizing financial workflows and systems.

Key Responsibilities & Duties

• Process invoices and payments accurately, adhering to established policies and procedures.
• Reconcile vendor statements and resolve any discrepancies promptly and effectively.
• Maintain comprehensive records of accounts payable transactions and ensure proper documentation.
• Collaborate with procurement and finance teams to optimize payment workflows.
• Prepare and analyze accounts payable reports for management review and decision-making.
• Support internal and external audits by providing necessary documentation and explanations.
• Monitor compliance with financial regulations and company policies in all operations.
• Provide training and mentorship to junior staff on accounts payable procedures and best practices.

Job Requirements

• Bachelor's degree in Accounting, Finance, or a related field is required.
• Minimum of 5 years of experience in accounts payable or related financial 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 dynamic environment.
• Knowledge of financial regulations and compliance standards is highly desirable.
• Experience with ERP systems and accounts payable software is preferred.