It's fun to work in a company where people truly BELIEVE in what they're doing
Job Description Summary:
The Senior Accounts Payable Specialist provides financial, administrative and accounting support by ensuring the company receives payments for sales and properly records the transactions by posting receipts and resolving discrepancies according to established policies and procedures in an productive, timely and accurate manner. May be called upon to mentor more junior members of the team.
Essential Duties and Responsibilities:
Set regular weekly and monthly deadlines to process the payment and accounts.
Prepare reports of regular intervals (monthly, quarterly and annual) making forecasts on payment flow.
Oversee the processing and organizing of bills, records and invoices ensuring quality maintenance at every step.
Ensure that all practices comply with the law.
Maintain SOPs and Detailed Process Maps (DPM)
Identify the process gaps/implement new programs and work on increasing the efficiency of the process through system automation, wherever possible
Negotiate and settle non-payment disputes with clients efficiently.
Keep track of all payment transactions to be upheld by the company’s clients.
Prepare and review the AR Aging Reports on weekly basis to resolve open and aged items
Review audit files and information required to understand the entity and its business help for managing audit.
AR query escalation management.
Monitor customer account aging’s for non-payments, delayed payments and other irregularities.
Communicate with customers via phone or email, ensuring invoice routing information is current and correct, so that invoices are received and paid timely.
Partner with Sales organization to address delinquent accounts.
Stay current with industry’s best practices.
Required Qualifications:
4+ years of experience to the field of Order to Cash or Accounts Receivable or Collections.