Accounts Payable Analyst I
About The Position
PTC is a leading manufacturer and marketer specializing in welded and cold-drawn mechanical steel tubing, tubular shapes, OCTG, Line Pipe, Pressure Pipe, Chrome bar, as well as precision parts and assemblies for diverse industrial applications. We at PTC value our employees’ health and wellness. We offer the following: FREE Healthcare HSA option Dental Vision Life Insurance Dependent & Spouse Life Insurance Long Term Disability Cancer & Critical accident coverage 401K plan with company match Referral Bonus Annual college scholarship available for children & grandchildren of PTC employees Tuition Reimbursement eligibility Function: The primary focus of the Accounting Analyst I is the receiving and payment aspects of the procure-to-pay process and applies accounting techniques and standard practices to the classification and recording of financial transactions.
Requirements
- Bachelor’s degree in Accounting and Finance
- 1-3 years relevant Accounting/Finance
- Ability to work independently or with a team and manage deliverables
- Ability to communicate clearly and concisely with other functional areas/levels within the organization
- Understanding of general accounting, financial reporting, financial analysis and internal controls
- Ability to make assumptions, identify trends and draw conclusions from ambiguous data
- Strong problem solving, analytical and decision-making skills
- Ability to manage multiple assignments, use sound judgement and prioritize projects and time effectively with minimal supervision
- Must be able to work in a fast-paced environment and embrace change
- Strong skills in MS Excel and MS PowerPoint
- Must be able to read, write, and communicate fluently in English
Nice To Haves
- Hyperion and Oracle experience a plus
Responsibilities
- Processes invoices for payment making sure invoices have proper approval.
- Verifies quantity received and billed using three way match process.
- Verifies that tax (sales & use), freight charges and miscellaneous charges are proper and authorized. Also takes cash discounts in accordance with Company policies.
- Resolve discrepancies with supplier, purchasing and/or receiving as applicable.
- Posts freight costs to excel worksheet ensuring correct amount is billed.
- Creates, posts and enters ACH and wire payments with bank.
- Creates, prints and posts check payments.
- Posts month-end accounts payable accruals and other various journal entries.
- Reconciles various general ledger accounts.
- Analyzes spending trends for savings opportunities.
- Calculates and pays monthly sales tax.
- Perform ad-hoc reporting/analysis and special projects as requested.
- The incumbent is expected to understand that all employees have a shared responsibility for the quality of products and related services provided to our customers. Duties and Responsibilities are to be carried out in accordance with the PTC Quality Management System and its policies, procedures, and work instructions as applicable to the job or function being performed.
Benefits
- FREE Healthcare
- HSA option
- Dental
- Vision
- Life Insurance
- Dependent & Spouse Life Insurance
- Long Term Disability
- Cancer & Critical accident coverage
- 401K plan with company match
- Referral Bonus
- Annual college scholarship available for children & grandchildren of PTC employees
- Tuition Reimbursement eligibility
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
