What are the responsibilities and job description for the Accounts Payable Specialist position at Opendoor?
Job Summary:**
The Accounts Payable Specialist at Opendoor Labs Inc. will be responsible for accurately and efficiently processing invoices, managing vendor relationships, and ensuring timely payments in a fast-paced environment. This role is crucial to maintaining the financial health of the organization and supporting our rapid growth.
Responsibilities:**
The Accounts Payable Specialist at Opendoor Labs Inc. will be responsible for accurately and efficiently processing invoices, managing vendor relationships, and ensuring timely payments in a fast-paced environment. This role is crucial to maintaining the financial health of the organization and supporting our rapid growth.
Responsibilities:**
- Process a high volume of invoices, ensuring accuracy, proper coding, and adherence to company policies.
- Match purchase orders to invoices and resolve discrepancies with vendors and internal teams.
- Prepare and process electronic payments and check runs.
- Reconcile vendor statements and investigate and resolve any discrepancies.
- Maintain accurate vendor records and communicate effectively with vendors regarding payment status and inquiries.
- Assist with month-end and year-end closing activities related to accounts payable.
- Support internal and external audits by providing necessary documentation and information.
- Identify and implement process improvements to enhance efficiency and accuracy within the AP function.
- Collaborate with various departments, including purchasing and finance, to ensure smooth AP operations.
- Adhere to all company financial policies, procedures, and internal controls.
- 5 years of experience in an Accounts Payable role, preferably in a high-volume environment.
- Strong understanding of accounting principles and accounts payable processes.
- Proficiency in accounting software (e.g., NetSuite, SAP, Oracle) and Microsoft Excel.
- Excellent attention to detail and accuracy.
- Strong organizational and time management skills with the ability to prioritize tasks effectively.
- Excellent written and verbal communication skills.
- Ability to work independently and as part of a team in a dynamic, fast-paced setting.
- Associate's or Bachelor's degree in Accounting, Finance, or a related field preferred.
- Experience with AI automated AP systems is a plus.