Job Description
Job Description:
This role involves accurate verification and processing of invoices, maintaining strong relationships with vendors, ensuring timely payments, and meticulously managing records.
Role and Responsibilities:- Completes payments and controls expenses by receiving, processing, verifying, and reconciling invoices.
- Pays vendors by monitoring discount opportunities, verifying federal ID numbers, scheduling, and preparing checks, and resolving purchase order, contract, invoice, or payment discrepancies and documentation.
- Ensures credit is received for outstanding memos.
- Issues stop-payments or purchase order amendments.
- Pays employees by receiving and verifying expense reports and requests for advances, preparing checks.
- Reviews and approves payment exceptions that come through our banking platform.
- Verifies vendor accounts by reconciling monthly statements and related transactions.
- Maintains historical records by filing documents.
- Reconciles Accounts Payable disbursement bank accounts to determine available balance before issuing new payments.
- Disburses petty cash by recording entry and verifying documentation.
- Reports sales taxes by calculating requirements on paid invoices.
- Protects organization’s value by keeping information confidential.
- Updates job knowledge by participating in educational opportunities.
- Creates reports regarding cash flow; ensures correct payments are made in a timely manner.
- Analyzes expense reports and other invoices for accuracy and eligibility for payment.
- Verifying payments before CEO signature is added by reviewing checks and vouchers.
- Reconciles Accounts Payable total and general ledger with other applicable records (e.g., subsidiary vendors’ ledger)
- Ensures proper maintenance, filing, and storage of records in case of audits.
- Daily
- Emails-forward to employees, responds to emails.
- Input invoices in PFW
- Research credit holds (pull invoice out of email, forward to employee to see if we received it and if it has been processed.
- Answer phone calls
- Track invoices on spreadsheet
- Input credit cards
- Clear checks
- Spreadsheet to track invoices.
- Monthly
- Review statements and forward missing invoices
- Spreadsheet for cell, wex, guardian, etc.
- Reclasses
- 10th 20th, & 30thDay
- Create batch checks.
- Print checks pull back up.
- Mail checks out.
- As needed basis.
- AR vouchers
- File
- Clean up problems.
- Create new vendors.
- Yearly
- 1099’s
- Receives and verifies expense reports; reconciles expense and other financial reports with account balances and other office records.
- Facilitates payment of vendors, which may include verification of federal ID numbers, reviewing purchase orders, and resolving discrepancies.
- Ensures outstanding obligations are credited upon payment, identifies discount opportunities, and issues purchase order amendments or stop-payment orders as needed.
- Assists with accounting records and ledgers by reconciling monthly statements and transactions.
- Records entry of, verifies documentation for, and distributes petty cash.
- Other related duties as assigned.
- High school diploma or equivalent required; Business or Accounting degree preferred.
- Certified Accounts Payable Professional (CAPP) certification preferred.
- Must be reliable and extremely trustworthy.
- Must be proficient in Microsoft Office Suite or related programs.
- Must be able to learn other accounting software systems.
- Excellent organizational skills and attention to detail.
- Excellent verbal and written communication skills
- Proficient in accounting software
- Thorough understanding of the Accounts Payable functions.
- Ability to maintain confidential and meticulous records.