The Senior Accounts Payable Accountant is responsible for managing and overseeing the accounts payable process, ensuring the timely and accurate payment of invoices, proper record-keeping, and compliance with company policies and financial regulations. The role requires a detail-oriented individual with strong organizational skills, excellent communication abilities, and the ability to collaborate effectively across departments.

Key Responsibilities

• Invoice Processing: Oversee the processing of incoming invoices, ensuring they are accurately matched with purchase orders and receipts before being approved for payment.
• Payment Management: Ensure payments are processed on time, maintaining good relationships with vendors and ensuring compliance with payment terms.
• Account Reconciliations: Perform monthly reconciliation of accounts payable ledgers, ensuring all transactions are correctly recorded and discrepancies are investigated and resolved.
• Reporting: Prepare and present accounts payable reports to senior management, including aging reports, payment forecasts, and month-end closing reports.
• Process Improvement: Continuously identify areas for process improvement within the accounts payable function to increase efficiency and reduce errors.
• Compliance and Documentation: Ensure compliance with company policies, internal controls, and relevant tax regulations (e.g., sales tax, 1099’s). Maintain accurate records for audit and regulatory purposes.
• System Management: Assist with the maintenance and optimization of accounts payable software and systems, ensuring that they are functioning efficiently.
• Ad Hoc Tasks: Assist in other finance-related duties as required, including support for month-end, year-end close processes, and audits.

Qualifications

• Education: Bachelor's degree in Accounting, Finance, or related field.
• Experience: Minimum of 4-5 years of experience in accounts payable, with at least 1-2 years in a senior role.
• Technical Skills: Proficiency in accounting software (e.g., Deltek Costpoint and Time & Expense), Microsoft Excel (advanced functions), and knowledge of ERP systems.
• Knowledge: Strong understanding of accounts payable procedures, accounting principles, tax regulations (e.g., sales tax, VAT), and financial reporting.