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Accounts Payable Specialist
Reed College Portland, OR
$43k-53k (estimate)
Full Time 3 Months Ago
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Reed College is Hiring an Accounts Payable Specialist Near Portland, OR

Business Office

Reed College seeks an organized and driven person to be our next Accounts Payable Specialist in the Business Office. The Accounts Payable (AP) role uses excellent communication, customer service, and attention to detail skills to process AP and administer the College's purchase card program. This position is responsible for ensuring the timely and accurate payment of all invoices, maintenance of all vendor files, and compliance with the College's policies and procedures. This position also serves as the administrator for the purchasing card (PCard) program.
This position reports to the Assistant Controller under the division of the VP of Finance & Treasurer, and primarily works on campus interfacing with faculty, staff, and students. This is not a remote position.
Reed College offers an exceptional benefits package, including comprehensive and cost-free medical and dental insurance for you, and a 60% discount on medical and dental insurance for your dependents, 403(b) retirement plan with 10% employer contribution (after one year of service), educational assistance for employees and their children, 22 days of paid vacation, paid holidays, half-day Fridays in the summer, and many other campus amenities. This is a full-time, exempt role with typical work hours of 8:30 a.m. to 5:00 p.m. with a one hour unpaid lunch.
Salary for this position is $48,000- $52,000 per year. Pay offers are dependent on experience and are determined in conjunction with an internal pay equity assessment.
Who You Are

  • You can synthesize complex/technical information and translate it into understandable/manageable steps.
  • You are a flexible multi-tasker who is able to get your work done amidst interruptions in a bustling/distracting open office setting.
  • You like people and are excited to train them on best practices.
  • You are exceptionally detail oriented and consistently double check your work for accuracy, quality, and completion.
  • You have demonstrated problem solving and organizational skills.
  • You have experience handling sensitive and confidential information.
  • You are welcoming, positive, approachable, and service-oriented. You love providing great service to others.
  • In addition to always having a plan, you always have empathy for your co-collaborators. People like working with you because you’re organized yet flexible.
  • You don’t mind when the plan changes, especially if the plan changes for the better.
  • You work independently and are able to navigate ambiguity where clear guidance may not exist.
  • You are personally committed to equity and it shows in your work. You yourself contribute an important aspect of diversity to your work team.
  • You prefer a team environment at work, rather than working alone. You don’t hesitate to roll up your sleeves and pitch in, even when it’s not your job.

What You’ll Do

  • Process all invoices and disbursement requests in a timely manner using the select ERP software verifying amount, authorization, supporting documentation, and account coding
  • Reconcile and balance the weekly check runs
  • Index and maintain in a digital format all pertinent documentation related to invoices, disbursement requests, and student refunds
  • Create and maintain all vendor record files including bank information for ACH payments and Form W-9s
  • Generate annual Form 1099s and mail to vendors
  • Administer the PCard program which includes registering new users, ordering new cards, training new employees, resetting passwords, etc.
  • Audit PCard activity (using sampling) to ensure compliance with the College's policies and procedures
  • Serve as the primary point of contact for critical AP and pcard communications, cardholder questions, AP inquiries and PCard / vendor issues
  • Investigate and resolve discrepancies or issues with vendors and internal departments regarding payments, charges on accounts, canceled checks, etc.
  • Assist with month-end closing procedures and provide support for audits as needed
  • Stay updated on AP best practices, regulations, and industry trends

Minimum Qualifications

  • 2 years of directly related experience in accounting or bookkeeping service

Reed College is committed to building a culturally inclusive community and a work environment that respects and inspires every person. Your unique skills, work history, cultural contributions, and lived experiences are essential to building this community. Members of historically marginalized groups including women, BIPOC (Black, Indigenous, and People of Color), those with disabilities, members of the LGBTQ community, those who have served in the military, and members of other underrepresented communities are invited to apply.

Job Type: Full-time

Pay: $48,000.00 - $52,000.00 per year

Work Location: In person

Job Summary

JOB TYPE

Full Time

SALARY

$43k-53k (estimate)

POST DATE

02/07/2024

EXPIRATION DATE

05/03/2024

WEBSITE

reed.edu

HEADQUARTERS

PORTLAND, OR

SIZE

200 - 500

FOUNDED

2014

TYPE

Private

CEO

JOHN R KROGER

REVENUE

$5M - $10M

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The job skills required for Accounts Payable Specialist include Accounts Payable, Accounting, Attention to Detail, Problem Solving, Bookkeeping, Purchasing, 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.

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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.

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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.

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Reconciled bank statements with accounts receivables ledgers to assure accurate financial reporting and correct foreign currency exchange rates.

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Work with Maintenance team to ensure all maintenance expenditures are correctly allocated for payment.

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Learn and maintain comprehensive knowledge of the Accounts Payable software modules.

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Prepare analysis of accounts/statements, reconcile payments, and ensure payments are up to date.

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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.

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Review all paperwork for accuracy and proper authorizations as required by Finance Policies and Procedures.

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Current and aspiring accounts payable specialists use a range of both hard and soft skills.

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Step 3: View the best colleges and universities for Accounts Payable Specialist.

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