Overview
This role involves preparing, recording, verifying, analyzing, and reporting accounts payable and receivable transactions. Responsibilities include paying vendor invoices, receiving and posting customer payments promptly, maintaining and reconciling ledger accounts, financial statements, and reports. The position also involves preparing analyses and reconciliations of bill runs to detect fraud and ensuring transaction entry verification procedures are followed. Additionally, the role may include preparing and delivering low-volume customer billing and responding to related queries.
Responsibilities
- Supervise daily activities of support staff or production team members, typically without performing the work directly.
- Manage at least one direct report.
- Set priorities for the team to ensure task completion and coordinate work activities with other supervisors.
- Follow policies and procedures for problem solving with guidance from management.
- Oversee day-to-day operational activities of accounts receivable and accounts payable functions.
- Maintain and reconcile accounts payable and receivable ledgers to validate charges and ensure timely and accurate payments.
- Implement standard operating procedures to maintain accurate financial records and control reports.
- Monitor collection periods and send follow-up inquiries regarding payments.
- Negotiate with past-due accounts to resolve payment issues promptly.
- Prepare and evaluate accounting reports to identify trends, inefficiencies, and opportunities for cost savings or process improvements; communicate findings to management.
- Lead and direct employees, including involvement in hiring, performance management, and disciplinary actions in coordination with HR and general management.
Requirements
- Associate's Degree with 5-7 years of relevant experience, or an equivalent combination of education and experience.
- Proficiency in Microsoft Office applications, including Excel, Word, and PowerPoint.
Preferred Qualifications
- Bachelor's Degree, preferably in Business, Finance, or Accounting.
- Skills and knowledge in leadership, oral and written communication, account reconciliation, accounts payable and receivable, billing, credit analysis, data entry, dunning, financial statements, inquiry research and response, invoice management and verification, issue resolution, payment posting and processing, GAAP standards, and AP/AR automation software.
Physical Requirements
- Ability to remain seated at a desk and/or computer for extended periods.
- Work primarily in a climate-controlled environment with minimal safety or health hazards.
Travel
- Little to no travel is expected.
Compensation
- Salary range: $80,750 to $109,250 USD annually.
- Actual pay within this range depends on work location, skills, experience, internal equity, and education.
Benefits
- Medical, dental, vision, short and long-term disability, and basic life insurance.
- Pre-tax spending accounts.
- 401(k) plan with non-contributory retirement contribution.
- Voluntary benefits including critical illness insurance, accident insurance, identity theft protection, enhanced legal services, auto and home insurance, pet insurance, commuter benefits, hospital indemnity insurance, and educational assistance.
Paid Time Off and Leave
- 11 paid holidays annually.
- 120 hours of paid time off (PTO) annually.
- Up to 3 weeks of paid family leave.
This description outlines the general nature and level of work but is not exhaustive. Duties may be added or amended at any time. This job description does not alter at-will employment status or create an employment contract.