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Position Summary
The Accounts Payable Specialist is a member of the Accounting Operations function in Finance. The Accounts Payable Specialist will perform tasks related to processing Accounts Payable.
Primary Success Factors
Receives all invoices coming in to the Bank, distributes to appropriate personnel for approvals, and oversees payment on a timely basis.
Verifies authorizations, general ledger information, and supporting documentation to ensure compliance with accounts payable policies and procedures. Identifies potential problems/issues and resolves when appropriate; raises other issues to supervisor appropriately.
Codes, posts and releases all direct pay entries into the automated accounts payable system to produce periodic check runs and ACH (direct deposit) payments.
Administer AMEX Corporate Card program - acquire cards, cancel cards and maintain all records regarding AMEX cards. Administer AMEX Corporate Meeting Card and Business Travel Account. Downloads monthly user transactions from corporate card site and uploads to accounts payable system for proper expense reporting; adds merchant codes to system as necessary.
Process and maintain all reimbursement requests for the Bank's commuting program.
Process all Bank travel expense reports - verify accuracy, authorization, and compliance with Bank's travel policy. Identifies potential problems/issues and resolves when appropriate; raises other issues to supervisor appropriately.
Maintain the outstanding check invoice folder and weekly send out inquiries to appropriate individuals for approval status of outstanding invoices.
Monthly, review outstanding check report from Moneygram and notify the individual that requested the check that the item still hasn't cleared and ask them to notify the payee and see if a stop payment or reissue needs to be performed.
Maintains vendor payment information including addresses, ACH, or direct deposit information
Required Experience
High school diploma required, Associates degree or higher preferred
Two or more years experience with the accounts payable process
Experience with accounts payable and general ledger software preferred; experience with JD Edwards E1 is a plus
Basic spreadsheet and word processing software skills
Analytical skills necessary to appropriately apply accounts payable policies and procedures on basic issues
It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, religion, color, sex, national origin, age, disability status, genetic information, veteran's status, ancestry, sexual orientation or status as a parent as defined by applicable law. It is the Bank's policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.
Full Time
Lending & Credit
$43k-52k (estimate)
02/24/2024
04/22/2024
fhlb-pgh.com
PITTSBURGH, PA
200 - 500
1932
Public
WINTHROP WATSON
$1B - $3B
Lending & Credit
The job skills required for Accounts Payable Specialist include Accounts Payable, Accounting, General Ledger, ACH, Analytical Skills, etc. Having related job skills and expertise will give you an advantage when applying to be an Accounts Payable Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Accounts Payable Specialist. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Accounts Payable Specialist positions, which can be used as a reference in future career path planning. As an Accounts Payable Specialist, it can be promoted into senior positions as an Accounts Payable Clerk III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Accounts Payable Specialist. You can explore the career advancement for an Accounts Payable Specialist below and select your interested title to get hiring information.
If you are interested in becoming an Accounts Payable Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Accounts Payable Specialist for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Accounts Payable Specialist job description and responsibilities
Accounts payable specialists spend most of their day multitasking and need to prioritize tasks to ensure they complete their work on time.
12/08/2021: Santa Cruz, CA
Reconciled bank statements with accounts receivables ledgers to assure accurate financial reporting and correct foreign currency exchange rates.
12/31/2021: Pueblo, CO
Work with Maintenance team to ensure all maintenance expenditures are correctly allocated for payment.
01/01/2022: Riverside, CA
Learn and maintain comprehensive knowledge of the Accounts Payable software modules.
12/19/2021: Gainesville, FL
Prepare analysis of accounts/statements, reconcile payments, and ensure payments are up to date.
12/23/2021: South Bend, IN
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Accounts Payable Specialist jobs
Soft skills like Teamwork, Time Management, Analytical Skills, Negotiation and Leadership are essential for Accounts Payable Specialist roles and jobs.
02/17/2022: Grand Forks, ND
Accounts payable specialists are key members of any organization, ensuring bills and commitments are paid on time, accurately, and completely.
01/12/2022: Troy, NY
Many of the tasks performed by accounts payable specialists can be completed by computers more efficiently.
02/07/2022: Boston, MA
Review all paperwork for accuracy and proper authorizations as required by Finance Policies and Procedures.
02/22/2022: El Paso, TX
Current and aspiring accounts payable specialists use a range of both hard and soft skills.
03/02/2022: Troy, NY
Step 3: View the best colleges and universities for Accounts Payable Specialist.