Job Summary:

The Accounts Payable Specialist is responsible for the accurate and timely processing of company invoices and payments and for maintaining complete and accurate accounts payable records. This position coordinates invoice review and approval, processes vendor and purchase order invoices, resolves payment discrepancies, supports month-end and year-end activities, and maintains vendor and tax documentation. The Accounts Payable Specialist also supports process improvements, departmental projects and initiatives designed to improve efficiency, controls, and payment methods.

Essential Duties:

• Process accounts payable invoices, including purchase order and non-purchase order invoices, accurately and in a timely manner.
• Coordinate invoice routing and approvals and follow up on outstanding approvals as necessary.
• Prepare and process cash disbursements in accordance with company policies and established approval requirements.
• Maintain vendor records, including vendor setup and required supporting documentation.
• Maintain W-9 documentation and support preparation and issuance of annual 1099 forms.
• Complete vendor credit applications and coordinate required approvals.
• Reconcile accounts payable transactions and research and resolve invoice, purchase order, receiving, and payment discrepancies.
• Respond to vendor inquiries and work with internal departments to resolve outstanding payment issues.
• Monitor accounts payable aging and assist with payment prioritization and cash flow planning.
• Process and reconcile freight, intercompany, and multi-currency invoices, as applicable.
• Prepare supporting documentation for sales and use tax reporting and maintain familiarity with requirements in jurisdictions in which the company operates.
• Maintain complete, accurate, and organized accounts payable records and supporting documentation.
• Support month-end and year-end closing activities, including reconciliations, reports, accrual support, and audit documentation.
• Assist internal and external auditors by providing requested accounts payable records and supporting documentation.
• Ensure accounts payable activities are performed in accordance with company policies, established internal controls, accounting requirements, and applicable regulatory requirements.
• Support implementation and ongoing administration of ACH and other electronic payment capabilities.
• Identify and support opportunities to streamline accounts payable processes, strengthen controls, reduce manual activity, and improve departmental efficiency.