AP/AR ANALYST

Position Overview

Responsible for performing accounts payable accounting tasks related to a selected scope of activities or a portfolio of vendors. Duties include maximizing vendor relations by ensuring accurate and timely resolution of invoice discrepancies, as well as supporting internal business partner by providing overall support with chosen A/P processes & tools (Ariba, Kofax, Dolphin etc). The position is also responsible for reporting on key metrics and measurement to support comprehensive reporting at a global level as well as participates in audit related activities. The position collaborates with internal and external business partners to interpret customer needs adding value through process expertise for business partners. The position is also responsible for analyzing workflow to ensure work performance meets or exceeds goals set in the Service Level Agreement as well as for making recommendations of process improvements .

Key Responsibilities

Researching, resolving invoice discrepancies; Solving vendor issues and drive invoice for approval or resolution; Managing invoice processing for complicated vendor portfolio and intercompany vendor accounts; Handling queries assigned for resolution; Providing support and training on AP tools for internal users.

Assisting with Goods Receipt/Invoice Receipt account reconciliation; Assisting with AP Trade account reconciliation; Performing account aging reviews and resolve overpayments and recovery; Reconciling direct debit entries with invoices; Participating in period closing, preparing open PO accrual, performing write off and journal entries ; Providing documentation requested by internal and external auditors; Periodically providing payment practices report, oversight reports, other assigned ; Preparing invoice entries for netting, cooperating with treasury for the procedure; Cooperating with treasury in payment related activities; Supports cash management goals; Participate in projects; Documentation of all the invoices/supporting documents in shared drive; Preparing the blackline schedules related to AP.

Secondary Responsibilities

Execute assigned controls (SOX) and audits.

Backup Analysts.

Required qualifications & experience

BSC, BA / BS Business, Supply Chain, Ecomonics, Information Systems or a related field.

Certification and/or Licenses BA/BS Accounting or Finance focused.

2 or more years of experience in Accounts Payable/Procurement/Supply chain area required; at least 2 years of overall work experience.

Finance experience

Knowledge & experience in SAP (R3 or S4)

Knowledge & experience in Ariba