Accounts Payable/Receivable Specialist

Job Description

Job Description

Description:

The Accounts Payable Specialist ensures the accuracy of the company payables, payments, and any related credits. The position requires strong communication skills to not only have the ability to professionally provide information and ask questions, but more importantly, know when and what to communicate. This position will take ownership for the overall management of payments of the company’s liabilities, reporting accuracy, purchase order matching, and timelines of activities. The Specialist has an important role in month-end and year-end activities to include participating in GL expense analysis and justification.

Requirements:

Primary Duties and Responsibilities, includes but is not limited to:

• Analyze vendor invoices for accuracy and make decisions on coding to the balance sheet or income statement.• Research purchase orders for application of the liability against inventory receiving. • Utilize OCR AP automation and ensure accuracy and proper routing for invoice approval. • Internal controls on all areas of responsibility.• Perform a variety of accounts payable and related clerical duties and assists accounting personnel as requested.• Manage vendor accounts and related research and problem resolution matters.• Manage all 1099 contractor invoices and year-end issues• Reconcile vendor statements to aging to ensure accuracy and matching. Researching any discrepancies.• Solid knowledge and application of accounting principles • Record cash receipts, credits and other adjustments, as needed to customer accounts to ensure accurate balance at all times • Assist Accounting Manager with collection activity

Knowledge, Skills and Characteristics Required:

· Exercise initiative to identify problem situations and engage in effective problem solving to effectively resolve situation.· Strong attention to detail in all job activities.· Ability to accurately and succinctly communicate with employees and managers both written and verbal. · Applies flexibility and adaptability to changing circumstances and events.· Understanding of accounting principles and internal controls.

Education and Experience Desired:

· At least 2 years of practical work experience in accounts payable.· Degree in accounting or business-related field, or sufficient work towards completion. · An equivalent combination of education and experience sufficient to successfully perform the essential duties of the job as listed above.· Knowledge of NetSuite ERP software preferred but not required.