Accounts Payable Senior Analyst

The Accounts Payable Senior Analyst plays a crucial role in managing an organization's financial responsibilities related to suppliers and vendors. This position is responsible for executing tasks related to the efficient maintenance and processing of accounts payable transactions. The ideal candidate will have a strong understanding of accounting principles, vendor management, and financial reporting. They should be adept at handling high volumes of financial data and transactions while ensuring accuracy and compliance with company policies. As an Accounts Payable Senior Analyst, you will work closely with the finance department to ensure that all payments are made in a timely manner, helping maintain the organization's financial integrity and operational efficiency.

Responsibilities

• Accurately process invoices, ensuring proper documentation and approval for all payments.
• Monitor accounts to ensure payments are up to date and discrepancies are resolved promptly.
• Prepare and perform check runs, wire transfers, and ACH payments with precision.
• Reconcile processed transactions by verifying entries and comparing system reports to balances.
• Respond to vendor inquiries to resolve billing issues and maintain strong relationships.
• Ensure compliance with company policies and regulatory requirements for all payable transactions.
• Assist in the month-end closing process by reconciling bank statements and ledger accounts.
• Analyze and improve accounts payable processes for efficiency and accuracy improvement.
• Prepare and provide reports on key metrics related to the accounts payable function.
• Coordinate with internal departments to resolve payment-related issues and improve processes.
• Maintain and organize financial records to ensure easy access and retrieval for audit purposes.
• Train and mentor junior staff members to enhance team capability and performance.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field is required.
• Minimum of 5 years of experience in accounts payable or similar roles.
• Proficient in using accounting software and Microsoft Office Suite, especially Excel.
• Strong understanding of accounting principles and experience with financial statement preparation.
• Excellent organizational skills with a keen attention to detail and accuracy.
• Demonstrated ability to work both independently and as part of a team.
• Effective communication skills to interact with vendors and internal departments professionally.