3 Accounts Payable Associate Jobs in Schaumburg, IL
Sorry! This job is no longer available. Please explore similar jobs listed on the left.
Motivation Excellence is Hiring an Accounts Payable Associate Near Schaumburg, IL
Fun. Innovative. Understanding. It’s in our DNA.
We are committed to being an ‘Employer of Choice.” As we strive to exceed our employees’ expectations, we are committed to treating each individual with dignity and respect. We value our employees because they are our competitive advantage. Our employees’ talents, character, and commitment to excellence are our strengths. We are committed to providing equal opportunities to grow and develop the talents and skills necessary for our team to be successful. We encourage an entrepreneurial attitude that generates mutual trust and respect, which promotes the entire team’s competitive spirit. It is a constant process that requires commitment and hard work from every employee to sustain success. Because our expectations are high, the rewards we enjoy are exceptional. We are committed to providing a fun and professional work environment with benefits that enrich the lives of our employees and their families.
- Manage the end-to-end accounts payable process from vendor setup to posting vendor bills in Sage Intacct. Obtain and review necessary bill support including invoice, contract, and approval.
- Enter vendor invoices with a focus on accurate allocation to the appropriate accounts and cost centers. Demonstrate expertise in coding complex prepaid and accrual expenses in compliance with accounting standards.
- Ensure timely disbursements through check, ACH, and wire transfers. Collect and maintain vendor payment information.
- Manage A/P inbox and communication: organize and monitor the A/P inbox (addressing vendor and internal inquiries promptly), communicate with vendors regarding payment status, and perform internal follow-ups related to vendor matters.
- Monitor payable accounts to ensure timely payments. Proactively reach out to business owners and vendors to address late invoicing or other issues. Run AP agings for month-end reporting.
- Track, review, and verify expense reports in expense management system Bill.com for coding accuracy, documentation completeness, and proper approval in adherence with company policy.
- Oversee the administration and management of the corporate card program. Be the primary point of contact for employees regarding card-related inquiries and issues. Communicate and educate corporate card policies and procedures to employees. Assist employees in troubleshooting card disputes and discrepancies.
- Own the 1099 reporting process. Ensure timely and accurate preparation of annual 1099 forms and obtain W-9 forms from vendors.
- Collaborate with the finance team in monthly general ledger closing procedures, including account analysis and reconciliations, and audit requests.
- Maintain up-to-date documentation of accounts payable policies and procedures.
- Identify opportunities for process improvement and automation in the accounts payable function.
- Perform ad hoc project objectives as assigned by management.
- 3-5 years Accounts Payable experience, demonstrating a track record of accuracy in financial transactions.
- Bachelor’s degree in Accounting, Finance, or Business preferred
- Proficiency in Excel and MS Office required
- Experience with Sage Intacct or similar ERP system required
- Experience with Bill.com or similar pay and expense management system is a plus
- Outstanding communication skills for collaboration with vendors, employees, and internal teams with a customer service mindset.
- High attention to detail and a commitment to maintaining financial integrity.
- Proactive and self-motivated to identify opportunities for process improvement and suggest solutions for implementation
- Keen analytical and problem-solving skills with the ability to identify and correct errors efficiently.
- Strong organizational and time management skills with ability to effectively prioritize competing deadlines while maintaining accuracy.
EOE
Job Summary
Full Time
Business Services
$47k-60k (estimate)
01/19/2024
05/12/2024
motivationexcellence.com
SCHAUMBURG, IL
25 - 50
1985
DAVID JOBES
$5M - $10M
Business Services
Related Companies
The job skills required for Accounts Payable Associate include Accounts Payable, Accounting, Customer Service, Attention to Detail, General Ledger, Problem Solving, etc. Having related job skills and expertise will give you an advantage when applying to be an Accounts Payable Associate. 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 Associate. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Accounts Payable Associate positions, which can be used as a reference in future career path planning. As an Accounts Payable Associate, 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 Associate. You can explore the career advancement for an Accounts Payable Associate below and select your interested title to get hiring information.
If you are interested in becoming an Accounts Payable Associate, 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 Associate for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Accounts Payable Associate job description and responsibilities
Prepares fund transfer payments of all Accounts Payable vouchers.
01/09/2022: Pine Bluff, AR
Verifies vendor accounts by reconciling monthly statements and related transactions.
03/08/2022: Green Bay, WI
Perform accounting and clerical duties related to the efficient maintenance and processing of accounts payable transactions.
02/25/2022: Newark, NJ
Compiles and maintains verified accounts payable records.
02/23/2022: Somerset, NJ
Perform assigned audit procedures for specific accounts and transactions under the supervision of more experienced staff.
02/13/2022: Houston, TX
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 Associate jobs
A good accounts payable associate produces accurate, timely, and valuable work.
01/05/2022: Baton Rouge, LA
Learn more about how accounts payable automation works with QuickBooks Online Advanced options.
03/31/2022: Colorado Springs, CO
To calculate accounts payable days, summarize all purchases from suppliers during the measurement period and divide by the average amount of accounts payable during that period.
03/26/2022: Canton, OH
Many accounts payable clerks opt to continue their education and become certified accountants to gain access to new job opportunities with higher pay and other benefits.
02/03/2022: Cincinnati, OH
An accounts payable associate should be able to keep track of all financial transactions.
03/21/2022: Cincinnati, OH
Step 3: View the best colleges and universities for Accounts Payable Associate.
Similar Jobs
Popular Articles
