Disbursements Coordinator I

FedEx Custom Critical•Richfield, OH

9d•$16 - $20

About The Position

Prepares monthly statistics and forecast reports for Financial Team. Prepares monthly statistics and forecast reports for Financial Team. Supports daily vendors, Safety and Contractor Relations calls from Customers, Home Office and Independent Contractors. Prepares responses to child support and IRS requests and processes deduction, if applicable. Performs monthly and year end balancing of owner operator and sales 1099 data maintained in People Soft and Worf systems. Maintains required 1099 data for third party vendors, including Form W-9. Identifies and reconcile bonds, Four Star and Fed Ex Bucks subject to 1099 reporting. Assist with and responses to IRS notice pertaining to 1099 reporting. Participates in monthly Accounts Payable close, including preparation of manual accrual and verification of accuracy via duplicate payment testing and review of open items. Maintains department logs and prepares various reconciliations and reports for sales, third party vendor, and driver pay activity. Audits vendor setups for accuracy with vendor terms and company policy. Develops ad hoc queries of PeopleSoft data, as required. Work with vendor banks, verify positive pay, returns, ACH Files and submits various electronic files to the bank. Executes monthly Accounts Payable close, including preparation of manual accrual and verification of accuracy via duplicate payment testing and review of open items. Audits code and enter invoices into system for payment. You will uphold the Purple Promise by making every customer experience outstanding. Your efforts and customer-focused mindset will have a positive impact on customer satisfaction and, ultimately, the profitability of our company.

Responsibilities

Perform daily reconciliation of advances on runs issued to owner operators per the operations system to advances issued per the third party issuer's system (T-Check)
Enter invoices (including AR duplicate payments/unapplied, adjustment slips, and expense reports)
Process Invoices, coding and submitting to Memphis for Payment
Maintain and balance 1099 Vendor Data in the payment system
Audit Payments and Vendor Setup
Ad hoc PS system requirements
Release Weekly Escrows Held For Paperwork
Child Support and IRS Deduction Processing
Process and file weekly adjustment deductions
Execute monthly Accounts Payable close
Code and process Outside Carriers Invoices
Clear exception and mail BOL to Trip-Pak