Accounts Payable Analyst

WEX•Portland, ME

About The Position

We are seeking an experienced and detail-oriented Senior Accounts Payable Analyst to join our Accounts Payable Finance team. The ideal candidate will possess in-depth knowledge of accounts payable processes, exceptional analytical skills, and a proven track record of effectively managing complex financial transactions. The Senior Accounts Payable Analyst will play a pivotal role in ensuring accuracy, compliance, and efficiency in our accounts payable operations. How you'll make an impact Invoice Processing: Review, verify, and process a high volume of payments to Merchants, Customers and Trade Vendors while ensuring accuracy and adherence to company policies and procedures. Vendor Management: Establish and maintain strong relationships with vendors, resolving payment discrepancies and inquiries promptly and professionally. Leadership: Provide guidance and mentorship to junior members of the accounts payable team, assisting with training, problem-solving, and process improvement. Data Analysis: Conduct in-depth analysis of accounts payable data to identify trends, discrepancies, and opportunities for process enhancement. Generate relevant reports and provide actionable insights to management. Compliance and Auditing: Collaborate with internal and external auditors to ensure compliance with company policies, regulatory requirements, and financial standards. Assist in audits by providing accurate documentation and explanations. Process Improvement: Continuously evaluate and improve accounts payable processes to enhance efficiency, accuracy, and effectiveness. Implement best practices and automation where applicable. Payment Processing: Manage the end-to-end payment cycle, ensuring timely and accurate payments to vendors through various payment methods. Cross-functional Collaboration: Collaborate with procurement, finance, and other relevant departments to streamline processes, resolve issues, and optimize vendor relationships. Experience you'll bring Bachelor's degree in Accounting, Finance, or related field. Proven experience (typically 2-5 years) in accounts payable or relevant financial roles, with a strong understanding of AP processes, policies, and best practices. Proficiency in using accounting software and ERP systems (e.g., SAP, Oracle, Peoplesoft, Coupa) to process transactions and generate reports. Advanced Microsoft Excel skills for data analysis and reporting purposes, familiarity with RPA and automation tools such as UI Path and Alteryx Excellent attention to detail, problem-solving abilities, and analytical skills. Strong communication and interpersonal skills, with the ability to interact effectively with vendors, colleagues, and management. Prior experience in leading or supervising a team is desirable. Ability to work under pressure, prioritize tasks, and meet tight deadlines. Adaptability to technological advancements and willingness to embrace process automation and improvement initiatives. If you are a dedicated and knowledgeable Accounts Payable professional looking to take the next step in your career, we encourage you to apply. Join our team and contribute to the success of our finance operations by ensuring accurate and efficient accounts payable management. The base pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. Base pay is one component of WEX's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. WEX's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. For more information, check out the "About Us" section. Pay Range: $63,600.00 - $73,800.00 WEX is a global commerce platform that helps businesses solve for operational complexities like employee benefits, managing and mobilizing fleets, and streamlining payments. With over 6,500 employees, we work with large and small companies in more than 200 countries and territories, and can tailor our services to meet the unique needs of their businesses. We hire people who share our passion for continuous innovation and client service that is unparalleled in the industry. Offering comprehensive and market competitive benefits, our offerings are designed to support your personal and professional well-being. If you’re looking for a growing career - come be part of WEX today. To learn more about our employee benefits, please click here. WEX is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, sexual orientation, gender identity, protected veteran status, disability or other protected status. WEX promotes a drug-free workplace. Qualified individuals with a disability have the right to request a reasonable accommodation. If you require a reasonable accommodation as a result of your disability at any point in the job application process, please submit your request through our Reasonable Accommodation Request Form. This form is for accommodation requests only and cannot be used to inquire about the status of applications.

Requirements

Bachelor's degree in Accounting, Finance, or related field.
Proven experience (typically 2-5 years) in accounts payable or relevant financial roles, with a strong understanding of AP processes, policies, and best practices.
Proficiency in using accounting software and ERP systems (e.g., SAP, Oracle, Peoplesoft, Coupa) to process transactions and generate reports.
Advanced Microsoft Excel skills for data analysis and reporting purposes, familiarity with RPA and automation tools such as UI Path and Alteryx
Excellent attention to detail, problem-solving abilities, and analytical skills.
Strong communication and interpersonal skills, with the ability to interact effectively with vendors, colleagues, and management.
Ability to work under pressure, prioritize tasks, and meet tight deadlines.
Adaptability to technological advancements and willingness to embrace process automation and improvement initiatives.

Nice To Haves

Prior experience in leading or supervising a team is desirable.

Responsibilities

Review, verify, and process a high volume of payments to Merchants, Customers and Trade Vendors while ensuring accuracy and adherence to company policies and procedures.
Establish and maintain strong relationships with vendors, resolving payment discrepancies and inquiries promptly and professionally.
Provide guidance and mentorship to junior members of the accounts payable team, assisting with training, problem-solving, and process improvement.
Conduct in-depth analysis of accounts payable data to identify trends, discrepancies, and opportunities for process enhancement. Generate relevant reports and provide actionable insights to management.
Collaborate with internal and external auditors to ensure compliance with company policies, regulatory requirements, and financial standards. Assist in audits by providing accurate documentation and explanations.
Continuously evaluate and improve accounts payable processes to enhance efficiency, accuracy, and effectiveness. Implement best practices and automation where applicable.
Manage the end-to-end payment cycle, ensuring timely and accurate payments to vendors through various payment methods.
Collaborate with procurement, finance, and other relevant departments to streamline processes, resolve issues, and optimize vendor relationships.