Payables Associate I - Accounting Operations

OVERVIEW: The Payables Associate 1 - Accounting Operations supports accurate and timely financial operations by managing invoice processing, account reconciliation, and payment activities for a portfolio of vendors. This role partners cross-functionally to resolve pricing and shipment discrepancies, investigate vendor account issues, and support month-end close activities. The ideal candidate is organized, detail-oriented, and enjoys building strong vendor relationships while identifying opportunities to improve processes.

JOB DUTIES & RESPONSIBILITIESInvoice and Payment Processing: Process invoices for a portfolio of vendors ensuring compliance with financial policies and procedures. Execute daily financial operations, including the verification, classification, and recording of transactions utilizing various system. Resolve shipping quantity and pricing issues which is dependent on cross functional collaboration with buyers, supply chain, and vendor partners. Continuously review processes to identify opportunities for enhancements and improvements.

Reconciliation and Reporting: Support month-end closing activities by reconciling vendor AP ledger to ensure accurate and timely posting of invoices and payments. Conduct thorough verification and investigation of vendor disputes and aged items. Ensure appropriate resolutions are implemented. Conduct regular reviews of vendor account balances and prepare analysis of accounts as needed.

Vendor Relationship Management: Foster and maintain proactive and constructive relationships with a large volume of vendors through effective communication and organization. Actively address vendor concerns or provide feedback to ensure optimal partnership benefits.

QUALIFICATIONS: 1-3 years of experience