Accounts Payable Specialist
3 weeks ago
At Kenwood Dealer Group Inc, we are seeking an experienced Accounts Payable Specialist to join our team. As an Accounts Payable Specialist, you will be responsible for ensuring timely, accurate, and consistent recording of dealership transactions. This role will manage transactional posting of dealership activities at our Centralized Accounting Office and be responsible for operational tasks relating to the processing and maintenance of high-volume vendor invoices.
Key Responsibilities:
- Communication & Risk Assessment: Maintain effective communication with all accounts payable team members, Accounting Managers, Controllers, and store leadership as required. Brainstorm and discuss potential risks and opportunities with accounts payable team members for communication to leadership.
- Accurate Reporting: Understand our accounts payable workflow from start to finish to be able to identify process breakdowns and issues affecting reporting. Sort, code, review, and verify vendor invoices for posting to general ledger. Charges expenses to appropriate departments and expense accounts.
- Reconciliation: Reconcile vendor statements and pay balances owed within agreed credit terms. Proactively research and resolve invoice discrepancies & issues. Ensures credit is received for all outstanding credit memos from vendors.
- Payment Processing: Prepare payments via manual checks or via our electronic NvoicePay system. As payments are prepared, ensures that vendor discount opportunities are maximized and monitored. Respond to all vendor inquiries promptly.
- Record Keeping: Maintain vendor database with all W-9 information and other related documentation. Assist in preparing annual 1099 reporting and verification of federal ID numbers. Report use tax by calculating requirements on paid invoices to ensure the Group is in compliance with laws and regulation.
Requirements:
- High school diploma, GED, or equivalent required. Associates degree or higher in accounting, finance, or related field a plus.
- Intermediate to Advanced Excel skills a plus. Previous accounts payable experience preferred.
What We Offer:
- Medical, Dental, and Vision
- 401K Plan with employee match opportunity
- Paid time off and vacation
- Growth opportunities
- Paid Training
- Employee vehicle purchase program
- Family owned and operated
- Long term job security
- Health and wellness
- Flexible Work Schedule
- Discounts on products and services
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