Accounts Payable Specialist

Job Title: Accounts Payable Specialist

FLSA Status:  Non-Exempt

Department: Accounting

Reports to: Accounts Payable Supervisor

Flex Work Eligible This position qualifies for the Flexible Work Policy. Employees receive 75 work days annually to work remote The initial amount of days is prorated for the first year based on start date. 

GENERAL DESCRIPTION / PURPOSE:

The Accounts Payable Specialist is responsible for reviewing and processing supplier invoices, employee expense reports and corresponding payment activity for multiple Loram entities. This is accomplished via regular interaction with Loram’s Accounting Operations, Procurement & Inventory Control/Warehouse departments, and direct contact with Loram’s suppliers. This person must display technical system aptitude and have strong attention to detail.

ESSENTIAL JOB FUNCTIONS:

Supplier Invoice and Payment Processing

• Process assigned supplier invoices, related purchase orders, and receiving docs using accounting software and other programs
• Review and apply sales and use tax rules.
• Work directly with both internal and external customers to resolve all problems related to invoices and supplier statements
• Generate payment proposals for invoices and facilitate related processing functions
• Prepares month end accruals and appropriate journal entries
• Actively engage in, and successfully complete special projects and other duties as assigned

Expense Report Processing

• Audit assigned purchase card transactions and reimbursement requests for accuracy and adherence to company policies
• Provide guidance and assistance to end users as needed
• Generate payment of expense reports

Work Procedure Maintenance

• Prepares and maintains desk work procedures for areas of responsibilities

BEHAVIORAL COMPETENCIES:

• Action Oriented
• Approachability
• Building Partnerships
• Customer Focus
• Priority Setting
• Values Based