AP Payment Processor

AvanSix • Parsippany-Troy Hills, NJ

1d

About The Position

The AP Payment Processor is responsible for processing all vendor payments in accordance with established payment terms and internal controls. This role works across multiple systems to ensure invoices are verified, approved, and paid accurately and on time, supporting the overall Procure-to-Pay (P2P) process and maintaining strong vendor relationships.

Requirements

• Undergraduate degree or equivalent experience in Finance, Accounting, Business, or related field
• Experience with Microsoft Excel and other MS Office products
• Basic understanding of accounts payable and procure-to-pay processes

Nice To Haves

• Experience with ERP systems (SAP/S4HANA) or invoice management tools (e.g., OpenText VIM)
• Experience with electronic payment platforms and banking systems
• Knowledge of invoice matching (2-way/3-way) and reconciliation processes
• Exposure to internal controls and compliance requirements

Responsibilities

• Process vendor payments, ensuring accuracy, completeness, and compliance with company policies and payment terms.
• Use designated banking platforms (e.g., JPMC, Truist) to manage payments and execute manual and automated payments as required.
• Review and validate invoices against purchase orders, receipts, and supporting documentation to prevent discrepancies or duplicate payments.
• Investigate and resolve invoice and payment discrepancies in collaboration with vendors and internal teams.
• Perform payment runs and ensure timely disbursement of funds in alignment with vendor terms and cash management objectives.
• Support reconciliation activities, ensuring payments are accurately cleared and recorded in financial systems.
• Monitor and maintain data accuracy related to vendor payments, including banking details and invoice records.
• Identify and support process improvements to enhance efficiency, accuracy, and controls within AP payment operations.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level