TRANZACT-posted 3 months ago
Fort Lee, NJ
5,001-10,000 employees

TRANZACT is a leading direct-to-consumer insurance services business, specializing in the distribution of Medicare Advantage, Medicare Supplement and Life & Supplemental insurance policies. Our focus is on leveraging our highly skilled team of over 3,000 professionals to deliver innovative solutions for our insurance carrier partners and provide consumers with a best-in-class experience.
We work with some of America’s largest insurance brands to attract, educate and connect with consumers. Our diverse team of analysts, writers, engineers, designers, business leads, data scientists and sales professionals all work together to create thoughtful, data-driven and effective marketing, technology, sales and servicing strategies. These efforts have resulted in TRANZACT earning recognition and winning awards from some of the biggest names in the industry.
When you become part of TRANZACT, you join a team of passionate people who push for excellence, follow through on commitments, and love to succeed together. Our culture rests on a simple principle – “Be Real” – that means being genuine, keeping your word, and having the courage to make tough decisions. Our “Be Real” values resonate and are meaningful to us. We are entrepreneurial, fast paced and empower our people. We know how to make things happen and know that our people are always the source of our success.
Position Summary
We are currently searching for a Junior Accounts Payable Specialist to join our accounts payable team to help process, track and analyze full-cycle AP processing in an accurate, efficient, and timely manner. The candidate will be responsible for executing a variety of AP procedures, including processing large volumes of incoming vendor invoices, coding invoices, requesting approvals and maintaining a good relationship with our valued suppliers. This role supports the accounts payable function to ensure compliance with company policies, accounting standards, and regulatory requirements.
The Responsibilities of the Jr Accounts Payable Specialist include:
Accurately review, code and process vendor invoices
Request and follow up on invoice approvals
Research and resolve invoice discrepancies and issues
Match invoices to purchase orders and receiving documents
Assist in managing vendor relationships, including responding to inquiries and reconciling statements
Collect contracts and follow the protocol of setting up new vendors in the accounting system
Maintain vendor files and ensure records are up to date
Being able to build requested reports in Microsoft Excel, including pivot tables, VLOOKUPs, and other advanced functions
Communicate effectively with vendors, stakeholders, and internal teams to resolve accounting issues
Respond to vendor inquiries in timely and professional manner
Assist in monitoring accounts to ensure payments are up to date
Perform other duties as required to support Accounts Payable department
Qualifications include:
Bachelor’s degree in Business/Accounting
Knowledge of accounting and accounts payable practices
Strong mathematical and analytical skills
Well-organized and detail-oriented skills
NetSuite experience is a plus
Advanced computer skills and knowledge of relevant software including MS Excel, Word and Outlook
Excellent communication skills, both written and verbal
Ability to work in a fast-paced environment
Experience collaborating cross-functionally with different business stakeholders, clients and teams
1+ years of relevant accounts payable experience
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation.
Compensation
The base salary compensation range being offered for this role is $58,000 to $65,000 USD per year.
This role is also eligible to participate in the annual bonus program.
Company Benefits
TRANZACT provides a competitive benefit package which includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)
Retirement Benefits: Savings Plan with annual nonelective company contribution.
TRANZACT is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Equal Opportunity Employer/Disability/Vet

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