Sr Accounts Payable Analyst

Vallen Distribution Inc.•Belmont, NC

1d•Onsite

About The Position

Join the Vallen team as a Sr. Accounts Payable Analyst. The Sr. Accounts Payable Analyst serves as the subject matter expert for the reconciliation of daily disbursement processes, rejections and exceptions. Responsible for wire transfer clearing and new template creation; provides backup support to all other banking functions to include voids and positive pay. Provides analytical support and acts as the primary liaison between Corporate Treasury and the Accounts Payable team. Responsible for analyzing and researching outstanding AP checks for all Vallen business units and preparing journal entries for unclaimed property. Supports monthly aging research and month end reporting and reconciliation process in addition to support of virtual card unclaimed payment monitoring.

Requirements

Bachelor's in accounting/finance or 5-7 years of equivalent experience
Demonstrated experience with banking and disbursement functions
Ability to read, analyze, and interpret invoices and other documentation relating to banking, accounts payable and credit card usage
Strong attention to detail
Strong analytical skills and demonstrated problem solving ability
Strong verbal and written communication skills and ability to interface with all levels of management and external vendors

Nice To Haves

Experience with SXe and/or AS400 preferred

Responsibilities

Serves as the subject matter expert for the daily reconciliation of disbursements for Vallen and VIS vendor payments to include checks, ACH and wire transfers and ensures all rejections and exceptions are handled in accordance with SLA and compliance guidelines.
Responsible for the monthly research and actioning of all outstanding AP checks for Vallen and VIS business units to include the preparation of void documentation and journal entries for unclaimed property.
Completes monthly review for aged vendor invoices and credits. Partners with research team and vendors to request refund checks or credit memos for over payments; works closely with buyers to resolve vendor/invoice issues preventing payment.
Review and complete weekly wire clearings and prepare bank templates for new wire vendor payments; provide support for reconciling items if needed
Completes verbal verification process for vendor banking adds and changes where required
Provides analytical support and acts as the primary liaison between Corporate Treasury and the Accounts Payable team.
Provides cross-functional support to banking functions to include voids, positive pay and daily disbursement reconciliations.
Responsible for month end reporting and reconciliation process
Monthly review and action of unclaimed virtual credit card payments and other back-office support functions
Works closely with AP and COE leadership on creation of new AP projects, processes and/or reports used to improve the overall AP team's scope of service
Performs other tasks as assigned

Benefits

Medical, Dental, and Vision Insurance for Single, Employee + Spouse or Children, and Family Coverage
401(k) with discretionary company match of $0.50 on the $1.00 up to 6% of pay (U.S. positions only)
Employer-paid Basic Life Insurance for Employee, Spouse, and Dependents
Employer-paid Short-Term and Long-Term Disability Benefits and Parental Leave (and any leave required under federal, state, and local laws)
Health Care and Dependent Care Flexible Spending Accounts
Paid Time Off (Vacation and Sick Days): 80–160 hours of vacation time based on seniority, accrued monthly and prorated from date of hire. 40–56 hours of sick time per year based on seniority and advanced upon hire.
Paid Time Off (Holidays): 8 scheduled holidays plus 2 floating holidays
Employee Assistance Program
Employee Resource Groups for networking and team building
Tuition Reimbursement Program
Employee Referral Program
Safety shoe and safety glasses reimbursement (based on position)
Employee discounts through BenefitHub
Advancement opportunities