Accounts Payable Specialist

Rocket Companies • Detroit, MI

5d

About The Position

The Accounts Payable Specialist maintains financial records and assists with the general operations of the Finance team. The role handles invoice processing, vendor and payor records, payment preparation, deposits, journal entries, account reconciliation, and inquiries about financial transactions. It also supports month-end and year-end closing, ensures compliance with relevant policies and regulations, and identifies opportunities to improve accounts payable processes.

Requirements

• Fundamental understanding of accounting principles.
• Strong attention to detail and accuracy.
• Excellent organizational and time management skills.
• Effective written and verbal communication skills.

Nice To Haves

• Two years of accounting or bookkeeping experience.

Responsibilities

• Match, verify, and code invoices in the accounting systems.
• Receive and post receipts and reconcile balances.
• Set up and maintain vendors or payors in the accounting systems.
• Ensure transactions are timely and accurate.
• Reconcile amounts owed by comparing invoices to purchase orders or other records.
• Review invoices for compliance with organizational policies and approval for payment, and select the appropriate invoice approval flow.
• Prepare check batches for payment and process daily check requests.
• Follow up with leadership to obtain approval for unapproved invoices.
• Deposit received checks and balance check deposits for accounts.
• Make journal entries for bank activity, including credit cards, checks, chargebacks, chargeback credits, and check returns.
• Respond to inquiries and research and resolve concerns or discrepancies raised by vendors, suppliers, external clients, internal clients, or team members.
• Assist with month-end and year-end closing activities, including reconciliations and reporting.
• Ensure compliance with accounting policies, procedures, and relevant regulations.
• Identify and recommend process improvements to enhance efficiency and accuracy within the accounts payable function.

Benefits

• Eligible team members are offered perks and health benefits intended to support their health and well-being, as well as that of their families. A full list of benefits and perks is available from the company.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed