Position Purpose
Accounts Payable Specialist is responsible for processing the payment of invoices and reimbursements and has the training and experience to independently perform much of the skilled work required in the Accounts Payable department.Incumbent performs diverse duties involving a wide range of procedures using initiative and judgement in analyzing information and determining a course of action within the standard practice and policies of Renown Health.The Accounts Payable Specialist acts as a liaison between external suppliers, Accounts Payable, Supply Chain Management and Operational departments.In this role, the Accounts Payable Specialist will work with the Manager of Accounts Payable and other accounting department staff to ensure the integrity of the financial process.
Nature and Scope
The major challenges of this position include processing accounts payable invoices, check requests, working with external vendors and internal departments as well as preparing month-end accruals and information for auditors when requested.
Process PO and non-PO supplier invoices through Renown Healths ERP and claims systems in accordance with the expenditure authorization policy.
Assist with weekly EFT and check disbursement runs.
Pays vendors by monitoring discount opportunities, scheduling and preparing checks, resolving purchase order, contract, invoice or payment discrepancies, issuing credit is received for outstanding memos, issuing stop-payments or assisting in purchase order amendments.
Prepare month-end accruals, working closely with the Accounting department.
Correspond with external suppliers (vendors) and respond to inquiries in a timely and professional manner.
Pays employees timely by receiving and verifying expense reports and requests for advances, preparing checks.
Verifies vendor accounts by reconciling monthly statements and related transactions.
Charges expenses to accounts and departments by analyzing invoice/expense reports; recording entries.
Opening, sorting invoices that are mailed or retrieving invoices from the AP invoice e-mail account.
Set-up vendor files with complete contact and address information, banking ACH information, and tax documents as required.
Maintains historical records by scanning and filing documents.
Performs other duties and responsibilities or special projects as assigned or requested.
Knowledge, Skills and Abilities:
Thorough knowledge of Accounts Payable functions, procurement processes and travel/other reimbursement requests.
Ability to handle multiple work priorities in a timely manner; to plan, to organize, and to perform day-to-day work independently under general supervision.
The ability to interact closely with peers and other department members in an effective manner.
Excellent customer service and oral/written communication skills.
Ability to review financial documents for accuracy, completeness, validity, and adherence to standards.
General knowledge of bookkeeping and accounting principles.
Accuracy and efficiency in processing detailed work.
Understands and practices the concept of teamwork.
Disclaimer
The foregoing description is not intended and should not be construed to be an exhaustive list of all responsibilities, skills and efforts or work conditions associated with the job. It is intended to be an accurate reflection of the general nature and level of the job.
Minimum Qualifications
Requirements - Required and/or Preferred
Name
Description
Education:
High school diploma or GED required.Associates degree or higher in accounting related field a plus.Must have working-level knowledge of the English language, including reading, writing and speaking English.
Experience:
Minimum of three years accounts payable experience preferred.
License(s):
None
Certification(s):
None
Computer / Typing:
Must be proficient with Microsoft Office Suite, including Outlook,Excel and Word andhave the ability to use the computer to complete online learning requirements