Accounts Payable Specialist

• Receive, review, and process invoices from vendors for goods and services rendered.
• Verify that invoices are accurate, properly coded, and approved for payment according to company policies.
• Enter invoice details into the accounting system and obtain necessary approvals as required.
• Payment Processing:

• Prepare and process electronic payments, including ACH transfers, wire transfers, and checks, in accordance with payment terms and due dates.
• Reconcile payments with invoices and ensure timely remittance to vendors.
• Address any payment discrepancies or issues with vendors and internal stakeholders.
• Vendor Management:

• Maintain accurate vendor records, including contact information, payment terms, and banking details.
• Communicate with vendors regarding payment inquiries, discrepancies, and account reconciliations.
• Establish and maintain positive relationships with vendors to facilitate smooth payment processing.
• Expense Reimbursement:

• Review and process employee expense reports for reimbursement in compliance with company policies.
• Verify expense receipts, ensure proper coding, and reconcile expense payments with general ledger accounts.
• Account Reconciliation:

• Reconcile accounts payable transactions with vendor statements to ensure accuracy and completeness.
• Investigate and resolve discrepancies between vendor invoices and payment records.
• Reporting and Analysis:

• Generate and analyze accounts payable reports, aging reports, and cash flow forecasts.
• Identify trends, issues, and opportunities for process improvements in accounts payable management.
• Compliance and Recordkeeping:

• Ensure compliance with company policies, accounting standards, and regulatory requirements.
• Maintain organized and up-to-date records of accounts payable transactions, invoices, and payments.

• Bachelor's degree in Accounting, Finance, or related field preferred.
• Proven experience in accounts payable or similar roles.
• Proficiency in accounting software (e.g., QuickBooks, SAP) and Microsoft Excel.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy in data entry and recordkeeping.
• Effective communication and interpersonal skills.
• Ability to prioritize tasks and meet deadlines in a fast-paced environment.
• Knowledge of accounting principles and practices.

Stardom Employment Consultants