Senior Accounts Payable Specialist in Dallas, Texas at Lurin Management Services LLC

Job Overview: The Senior Accounts Payable Specialist oversees the accounts payable function and ensures accurate integration with the general ledger. This role bridges AP operations and accounting, supporting close and financial accuracy.
Key Responsibilities:

• Oversee the day-to-day operations of the accounts payable, ensuring accurate and timely processing of invoices, payments, and expense reports.
• Develop and enforce AP policies, procedures, and controls to maintain compliance with internal policies and external regulations.
• Review and approve invoices for accuracy, completeness, and proper authorization before processing for payment.
• Monitor cash flow and forecast payment obligations to optimize cash management.
• Review and approve invoice coding and batch processing.
• Ensure proper general ledger and property allocations.
• Prepare AP accruals and cutoff entries.
• Reconcile AP subledger to the general ledger.
• Support month-end close activities.
• Analyze vendor spend and resolve discrepancies.

Audit and compliance

• Conduct regular audits to ensure processes and records are compliant.
• Lead and manage year end 1099 process ensuring timely reporting and compliance.

Process Improvement

• Implement best practices and standardized procedures to enhance accuracy, timeliness, and cost-effectiveness.
• Develops and implements record keeping systems, forms, policies, and procedures related to billing, processing payments, and other accounts payable and receivable activities.

Financial Reporting

• Prepare and analyze AP-related financial reports, such as aging reports, accruals, and cash flow projections, to support decision-making and financial planning.
• Assist with month-end and year-end close processes, including reconciling AP accounts and preparing journal entries.

Qualifications:

• Bachelor’s degree in accounting or related field preferred
• 5-7 years of progressive related experience within the property management industry
• Proficiency in accounting software, Yardi, Nexus and Microsoft Excel.
• Detail-oriented with strong analytical and problem-solving abilities.
• Ability to prioritize and manage multiple tasks in a fast-paced environment.
• Experience implementing process improvements and driving operational efficiency.
• Knowledge of regulatory requirements and compliance standards related to accounts payable.
• Excellent leadership and interpersonal skills, with the ability to effectively communicate and collaborate with cross-functional teams.

At LURIN, we believe in supporting our team members with a comprehensive benefits package that promotes health, well-being, and work-life balance.

Here’s what you can expect:

• Medical, Dental, and Vision Insurance: Comprehensive coverage to keep you and your family healthy.
• 401(k) Plan: Competitive company match to help you plan for your future.
• Paid Time Off (PTO): Enjoy 22 days of PTO annually to recharge and take care of personal matters.
• Paid Holidays: 15 paid holidays throughout the year to celebrate and relax.
• Competitive Market Pay: We offer competitive salaries to ensure that your compensation reflects your skills and experience.

Join us and experience a work environment that values and invests in its people!