What are the responsibilities and job description for the Billing & Settlement Specialist position at geniezipusa?
Responsibilities
1. Invoice & Payment Settlement
- Perform three-way matching by reconciling vendor invoices with purchase orders and receiving documentation to ensure payment accuracy.
- Execute payment runs using ACH, wire transfers, and checks in accordance with company policies and payment schedules.
- Apply payments and credit notes accurately to open invoices within the accounting system.
- Manage intercompany settlements, including processing internal EDI accounts payable transactions to ensure timely and accurate internal billing and payments.
2. Reconciliation & Auditing
- Conduct vendor statement reconciliations to identify missing invoices, duplicate billings, or overpayments.
- Investigate and resolve exceptions and out-of-balance items, including pricing discrepancies, quantity variances, and unmatched transactions.
- Coordinate with internal stakeholders and external vendors to resolve discrepancies in a timely manner.
Qualifications
Education: Bachelor’s or Associate’s degree in Accounting, Finance, Business Administration, or a related field, or equivalent practical experience.
ERP Systems: Hands-on experience using ERP systems such as SAP, Oracle, NetSuite, or Microsoft Dynamics for invoice processing, payments, and reconciliation.
Microsoft Excel: Advanced proficiency in Excel, including PivotTables and lookup functions (e.g., VLOOKUP/XLOOKUP), with the ability to analyze and reconcile large data sets accurately.
Benefits (Full-Time ONLY)
- Health, Dental, and Vision PPO Insurance
- Life, STD, LTD Insurance
- 401(K) Plan
- 14 Paid Holidays
- Paid Time Off (Starting 12 days/year)
- Additional Paid time off (Bereavement, Wedding, Birth of a Child, etc.)
- Years of Service Awards
- Education program (Based on Eligibility)