Senior Accounts Payable Specialist
4 weeks ago
About the Role
The Senior Accounts Payable Specialist will play a key role in ensuring the accuracy and timeliness of payments. This position will analyze all accounts payable transactions and related data to ensure compliance with USGAAP, SOX, regulatory and tax policies, and internal policy and procedures. The successful candidate will have excellent analytical and problem-solving skills, with the ability to interact diplomatically and respectfully with co-workers, customers, and department management.
Key Responsibilities
* Monitor aging PTP transactions in workflow and troubleshoot
* Validate transactions are processed in accordance with USGAAP, SOX, regulatory and tax policies, and internal policy and procedures
* Reconcile sub ledger account activity to the general ledger
* Process correcting journal entries
* Address, resolve, and/or escalate supplier/customer inquiries
* Analyze vendor statements
* Prepare ad hoc and ongoing reports for the department, while consistently evaluating and recommending improved reporting
* Assist with month end closing, by calculating accruals, preparing journal entries and performing miscellaneous A/P reconciliations as requested
* Assist with new process implementations
* Identify and suggest implementation of process and system enhancements to continuously improve operations
* Maintain and update Department Policies/Practices
* Capture and report all department metrics
* Analyze fluctuations in metrics and make recommendations for improvement
* Collect external data to benchmark departments performance
* Provide ongoing department training, and new employee AP focused orientation
Requirements
* Must be detail oriented with the ability to demonstrate a high degree of accuracy
* Ability to assess problems, resolve or escalate issues as necessary
* Excellent written and verbal communication skills
* Strong quantitative and analytical skills with attention to detail
* Strong problem solving, planning, and organization skills, including ability to multi-task, and prioritize in a fast paced environment
* Must have the ability to interact diplomatically and respectfully with co-workers, customers, and department management
* Solid understanding of Accounts Payable Departments practices and processes
* Advanced knowledge and use of office productivity tools (MS Office, Lotus Notes, etc.)
* Strong experience with Accounts Payable software/systems
About American Water
American Water is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, we provide safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people across 14 regulated jurisdictions and 18 military installations. We are committed to Equal Employment Opportunity (EEO) and prohibit employment discrimination for employees and applicants based on age, race, color, pregnancy, gender, gender identity, sexual orientation, national origin, religion, marital status, citizenship, or because they are an individual with a disability, protected veteran or other status protected by federal, state, and local laws.
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