Accounts Payable Specialist

Title: Accounts Payable Specialist

Salary range: $70,000 - $80,000

Location: Central Islip, NY

Office Requirements: On-site daily

Hours: 8:30 - 5:00

Benefits: PTO, medical, dental, vision, 401K, training, advancement opportunities

The Accounts Payable (A/P) Specialist will be responsible for the full cycle of payment to vendors and addressing vendor issues timely partnering with operation team as needed.

Key Accountabilities & Responsibilities

• Maintain full knowledge of SAP: Daily bookkeeping, Check printing, ACH and WIRE transfers, Payroll entries and reconciliation, Trade payables reports, and Monthly Accruals and Bank Reconciliation,
• Perform checks as per policy to update vendor Banking details.
• Independently handle vendor queries and perform payment run timely.
• Work with business partners in answering queries related to vendor payments.
• Entering Invoices and reviewing vendor accounts on SAP; keeping and storing an organized folder so when monthly/quarterly audit comes, invoices are easy to access.
• Managing and keeping track of Daily Cash flow and ensuring it matches with what is in SAP system.
• Knowledge of Concur platform for employee business expenses using corporate credit cards. Ensure accuracy and completeness of backup for expenses in Concur.
• Maintaining and providing end of the day cash flow reports and be able to budget for future payments. Assessing the importance of each vendor when cash is limited.
• Maintaining good relationships with vendors: Ensuring their accounts are paid on time and are up to date and all their inquiries are being addressed at a timely manner.
• Managing cash flows and bookkeeping and support month end close process.
• Work closely with Shared Service group for AP related functions.

Education and Experience Required

• Two (2) to Five (5 Years) of direct Finance work experience.
• Bachelor’s degree in Finance, Accounting or Business Management is required.
• Must have SAP experience.
• Capable of reconciling daily, weekly, and monthly bank statements.
• Capable of handling monthly and quarterly financial audits. · Must be proficient in computer skills and software applications such as Microsoft Office