Accounts Payable Analyst

3 weeks ago


Detroit, Michigan, United States Cleveland-Cliffs Inc. Full time

Ferrous Processing and Trading, a business of Cleveland-Cliffs Steel, has an immediate opportunity for an Accounts Payable Analyst at the Detroit, MI operation. The Accounts Payable Analyst position will apply accounting principles to analyze financial information and prepare support for the accounting department staff.

Summary of Responsibilities:

  • Compile and sort documents, such as invoices and checks, substantiating business transactions.
  • Verify and post details of business transactions, such as funds received and disbursed, and total accounts to ledgers or computer spreadsheets and databases.
  • Export bookings and shipping instructions.
  • Enter Brokerage shipments as per paperwork and/or reports.
  • Analyzes vendor accounts and negotiates extended terms with vendors.
  • Assist with monthly closings.
  • Audit invoices against purchase orders, research discrepancies, and approves for payment.
  • Compute and record charges, refunds, rentals, and similar items.
  • Prepare vouchers, invoices, checks, account statements, reports, and other records, and reviews for accuracy.
  • Reconcile general ledger accounts with various registers.
  • Compile cost reports and revenue and balance sheets.
  • Monitor loans, accounts payable, and receivables to ensure that payments are current.
  • Reconcile report discrepancies and problems.
  • Code data for input to financial data processing system according to company procedures.
  • Review, balance, and interpret computer reports and make corrections.
  • Assist employees, vendors, clients, or customers by answering accounts, procedures, and service questions.
  • Perform other duties as assigned.

Minimum Qualifications:

  • High school diploma or GED; Associate degree in accounting or related discipline preferred
  • 2-4 years related experience without a degree or 1 year with a degree
  • Experience with journal entries, general ledger, month-end close
  • Proficient in MS Office programs (Excel, Outlook, Word)
  • Strong attention to detail
  • Pre-Employment background Ferrous Processing and Trading is a subsidiary of Cleveland-Cliffs Inc., the largest flat-rolled steel company and the largest iron ore pellet producer in North America. Cleveland-Cliffs is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. We offer an excellent total compensation package including top pay with variable compensation opportunities, health insurance, retirement plan, education assistance, paid time off, and more



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