Accounts Payable Specialist

Oliver Tolas Healthcare Packaging•Trevose, PA

52d

About The Position

The Accounts Payable Specialist is responsible for performing full-cycle accounts payable activities to ensure the accurate, timely, and compliant processing and payment of vendor invoices and other company obligations. This role supports accounts payable activities for multiple operating locations within a centralized Shared Services environment. This role reviews and processes invoices, validates three-way match requirements and approval documentation, maintains vendor master data, reconciles vendor accounts, manages the GR/IR clearing account, executes payment runs, and resolves invoice and payment discrepancies. The Accounts Payable Specialist also processes employee expense reports, prepares annual 1099 filings, maintains organized financial records, supports audit requests and monthend close activities, and responds to vendor and employee inquiries. Working collaboratively with internal departments and external vendors, this position helps maintain strong financial controls, supports continuous process improvement initiatives, and contributes to the overall efficiency and effectiveness of the accounting function while ensuring compliance with company policies and regulatory requirements.

Requirements

Associate degree in accounting preferred
two or more years related experience
Excellent communication (verbal and written) and administrative skills
exceptional organization and time management skills
Fast paced environment, so ability to meet all assigned deadlines is key
Previous experience with SAP preferred
proficiency in Microsoft Office products is required

Nice To Haves

Ability to write in a clear and concise manner
Good time management and problem-solving skills
Intermediate knowledge of MS Excel, including pivot tables and Vlookups
ERP systems experience (SAP preferred)
Mathematical skills
Strong organizational skills
Excellent attention to detail to ensure accuracy
Action orientation and a sense of urgency
Ability to work under pressure and maximize efficiency
Ability to learn new systems in a timely manner and adapt to changing processes and procedures
Ability to work well independently as well as part of a team
Ability to maintain confidentiality and handle sensitive information
Commitment to process improvement and operational efficiency

Responsibilities

Review, verify, and process vendor invoices in a timely manner, ensuring appropriate 3-way match documentation and/or appropriate approvals and supporting documentation are obtained in accordance with company policies and internal controls
Reconcile vendor statements and accounts, researching and resolving discrepancies to maintain accurate account balances
Investigate and resolve invoice, payment, and vendor related discrepancies by collaborating with vendors and internal stakeholders
Prepare and execute payment runs, including Checks, ACH and Wire transfers
Maintain vendor master records, including the setup of new vendors and updates to existing vendor information, ensuring accuracy and compliance with company procedures
Review and process employee expense reports for accuracy, completeness and adherence to company travel and expense policies
Maintain organized accounts payable records and documentation to support audit, compliance, and record retention requirements
Respond to vendor and employee inquiries regarding invoices, payments, and expense reimbursements in a professional and timely manner
Review and manage the GR/IR clearing account, investigating and resolving unmatched purchase orders, goods receipts, and invoices to maintain accurate account balances and support monthend close activities
Support process improvement, automation, and system enhancement initiatives to enhance efficiency, accuracy, and effectiveness within the accounts payable function
Timely preparation and filing of annual 1099 forms to IRS and recipients
Assist with data gathering for financial audits
Support other accounting projects as needed
Assist with other ad-hoc projects based on business needs
Perform additional duties and assignments as directed