Accounts Payable Accountant

Illinois Tool Works • Lexington, KY

356d

About The Position

The position will be responsible for managing financial transactions related to vendor payments, ensuring all bills are paid accurately and on time by processing invoices, verifying purchase orders, reconciling discrepancies, preparing payments, and maintaining accurate financial records, all while adhering to company policies and procedures.

Requirements

• Bachelor's degree in Accounting and/or Finance or 3 years relevant experience
• MS Office products, advanced MS Excel knowledge
• Attention to detail, organization, and strong multitasking abilities.
• Ability to work in a team setting
• Self-motivated / self-starter
• Excellent decision making and time management skills
• Detail-oriented, well organized, self-motivated with ability to multi-task
• Understanding and maintaining confidentiality
• Ability to read, analyze, and interpret common financial reports
• Excellent communication skills (oral/written) and the ability to interact effectively with all levels within the company, suppliers and customers
• Excellent research, problem solving, interpersonal communication skills and commitment to continuous improvement

Responsibilities

• Follow all established safety, health and Company policies, procedures, and recognized practices
• Process and issue payments to vendors in a timely manner (payment process may include checks, ACH, wire transfers, and inter-company netting)
• Reconcile accounts payable general ledger balances and reports.
• Research and document the disputes of vendor invoices
• Match invoices with proper PO's and ensure accuracy for price, receipt quantity and approvals.
• Process inventory invoices for payment using 3-way match of PO, receiver, and invoice ensuring all appropriate documentation and approval
• Process non-inventory invoices ensuring all appropriate documentation and coding and approval is accurate
• Work with the Receiving Personnel to verify inventory receiving transactions
• Assist with Month End close and prepare reconciliations of assigned balance sheet accounts.
• Respond to vendor request of invoice payment status and remittance details and resolve discrepancies and past due items
• Maintain accounts payable records in an orderly fashion, including check log
• Verify and document vendor banking change information
• Responsible for the Accounts Payable accrual journal entry preparation and other journal entries, as assigned
• Assist with annual physical inventory process
• Assist with audit support as needed
• All other duties as assigned by manager

What This Job Offers

• Industry: Transportation Equipment Manufacturing
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees