Financial Reconciliation Specialist

5 days ago


Birmingham, Alabama, United States 4P Consulting Inc. Full time

4P Consulting Inc. is seeking a highly skilled Financial Reconciliation Specialist to join our team.

Job Description:

The successful candidate will be responsible for reviewing and reconciling invoices, purchase orders, and financial records to ensure accuracy and compliance with organizational policies and procedures.

This role involves identifying and resolving discrepancies, collaborating with vendors and internal stakeholders, and maintaining up-to-date financial records.

The Financial Reconciliation Specialist plays a crucial role in supporting the organization's financial operations.

Key Responsibilities:
  • Invoice and Purchase Order Review: The incumbent will take a lead role in reviewing and reconciling incoming invoices with purchase orders and receipts, demonstrating a high level of accuracy and attention to detail.
  • Discrepancy Resolution: Independently verify pricing, quantities, and terms on invoices, proactively addressing and resolving discrepancies.
  • Vendor and Internal Collaboration: Collaborate effectively with vendors and internal teams to promptly resolve complex invoice discrepancies.
  • Invoice Payment Processing: Process approved invoices for payment in strict adherence to established procedures and timelines.
  • Record Maintenance: Maintain meticulously organized and accurate records of invoices, purchase orders, and related documentation.
  • Reporting: Prepare and generate regular reports on invoice reconciliation activities, providing valuable insights and recommendations.
  • Outstanding Invoice Monitoring: Proactively monitor and track outstanding invoices, implementing strategic follow-up procedures to facilitate prompt payment.
  • Process Improvement: Drive the identification and implementation of process improvements to optimize efficiency and accuracy in invoice reconciliation.
Qualifications:

To be considered for this position, applicants must possess the following qualifications:

  • Education: High school diploma or equivalent; additional education in accounting or related field is a plus.
  • Experience: 5-10 years of extensive experience in invoice reconciliation or a related role, with a demonstrated track record of accuracy and efficiency.
  • Skills and Knowledge:
    • In-depth understanding of accounting principles and advanced knowledge of invoice processing procedures.
    • Exceptional attention to detail and accuracy in data entry and reconciliation tasks.
    • Outstanding communication and interpersonal abilities, with the ability to lead and collaborate effectively with internal teams and external vendors.
    • Proficiency in using advanced invoice processing software and MS Office applications.
Salary:

The estimated annual salary for this position is $80,000 - $110,000, depending on qualifications and experience.



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