What are the responsibilities and job description for the AP Specialist position at Magnify?
Accounts Payable (AP) Specialist
Overview:
We are seeking a detail-oriented and organized Accounts Payable Specialist to join our team. This role is responsible for managing the company’s outgoing payments, maintaining accurate financial records, and ensuring timely processing of invoices. The ideal candidate is highly analytical, dependable, and able to work efficiently in a fast-paced environment.
Key Responsibilities:
- Process high-volume invoices accurately and in a timely manner
- Review, code, and verify invoices for appropriate documentation and approval
- Prepare and execute weekly check runs, ACH payments, and wire transfers
- Reconcile vendor statements and resolve discrepancies
- Maintain vendor records and ensure all information is up to date
- Respond to vendor inquiries and maintain positive relationships
- Assist with month-end close, including accruals and reporting
- Ensure compliance with company policies and accounting standards
- Support audits by providing necessary documentation and reports
Qualifications:
- 1–3 years of accounts payable or general accounting experience
- Strong attention to detail and accuracy
- Proficiency in Microsoft Excel and accounting software
- Ability to prioritize tasks and meet deadlines
- Strong communication and problem-solving skills
- Associate’s or Bachelor’s degree in Accounting, Finance, or related field preferred
Preferred Skills:
- Experience with ERP systems (e.g., NetSuite, SAP, QuickBooks, etc.)
- Knowledge of basic accounting principles
- Ability to handle confidential information with discretion
Salary : $20 - $24