Accounts Payable & Receivable Coordinator

IDEAL Industries, Inc.•Sycamore, IL

4d•$22 - $29•Onsite

About The Position

The Accounts Payable Coordinator plays an integral role in the day-to-day operations of the accounting department. Assists with accounts payable processes, ensures accurate and timely processing of invoices and payments, while maintaining excellent working relationships with vendors and internal stakeholders.

Requirements

In-depth knowledge of accounts payable principles, accounting standards, and industry regulations.
Ability to communicate with ease cross functionally and at all levels of the business.
A demonstrated problem solver, who exhibits exceptional follow-up with a positive demeanor.
Proficiency in using accounting software; experience with NAV, specifically the AP module, highly preferred.
Excellent organization skills and strong attention to detail required.
Proficiency in Microsoft Excel required.
Excellent analytical and people skills.
Associate degree in Finance, Accounting, or Business Management. Equivalent work experience may be considered.
Minimum 3+ years accounts payable experience in a high volume accounts payable function using the three-way match process.
Accounts payable experience in a manufacturing environment a plus.
Ability to drive towards resolution.

Responsibilities

Ensures accurate accounting for accounts payable (A/P) liabilities.
Processes a high volume of invoices and payments to vendors for goods and services, timely and accurately.
Verifies vendor accounts, paying vendors, and resolving purchase order, invoice, or payment discrepancies.
Properly records expenses and liabilities reported in company financial statements.
Monitors accounts payable aging reports and ensures timely payment of outstanding invoices.
Partners with buyers and receiving team to drive issue resolution to ensure invoices are paid on time.
Evaluates completed new supplier forms and ensure supplier setups are correct and complete.
Collaborates with accountants to reconcile A/P, posts journal entries, and prepares month-end reports.
Reviews, audits and processes Concur travel expense reports and Purchase Card activity.
Provides backup support to other members in the accounting department.
Work on special projects and initiatives, as assigned.
Comply with and contribute to the continuous improvement of company policies, Internal controls, processes and procedures.
Support the A/P check write process, as needed.
Contribute to entry of A/R cash receipts, as needed.
Contribute to accounts receivable small write-offs/discounts to invoices, as needed.
Actively engage in responsibilities and initiatives to ensure a safe work environment.
Comply with and contribute to the continuous improvement of company policies, processes and procedures.
Contributes to a collaborative, team-oriented workplace, which may include other duties as assigned.
Support 1099 filing to the IRS for applicable vendors at year end.
Prepares A/P related journal entries and accruals at month end.