Sr Accounts Payable Analyst

Children's National Medical Center•Silver Spring, MD

39d

About The Position

The Senior Accounts Payable Analyst is responsible for overseeing the accounts payable process, ensuring accurate and timely processing of invoices, maintaining compliance with company policies, and providing analytical support to optimize financial operations. This position plays a critical role in improving the efficiency and accuracy of the accounts payable function, supporting the finance team, and collaborating with internal and external stakeholders.

Requirements

High School Diploma or GED (Required)
Bachelor's Degree Accounting, Finance, Business Administration, or a related field, required. Relevant experience will be considered in lieu of degree. (Required)
5 years Accounts Payable or general accounting experience (Required)
Strong understanding of vendor management, compliance standards, and 1099 reporting requirements.
Strong analytical skills and attention to detail.
Proficiency with OCR software (such as Kofax, Ephesoft, or similar) and ERP systems (e.g., PeopleSoft, Workday, or similar).
Proficiency with Excel skills and data analysis capabilities.
Excellent organizational and time management abilities.
Strong closed loop communication and interpersonal skills.
Ability to work independently and as part of a team in a fast-paced environment.
Knowledge of GAAP and accounts payable best practices.

Nice To Haves

Certified Accounts Payable Professional (CAPP) (Preferred)

Responsibilities

Lead the daily operations of the accounts payable function, with a primary focus on OCR-enabled invoice processing.
Review, verify, and process a high volume of invoices and employee expense reports for accuracy, proper coding, and compliance with company policies.
Review and validate OCR-processed data, correcting errors and ensuring compliance with company policies and legal requirements.
Reconcile accounts payable transactions and resolve discrepancies with vendors and internal departments.
Serve as a primary point of contact for vendor partners, maintaining professional, proactive, and positive communication to strengthen relationships.
Oversee the integrity of the vendor master file, ensuring accurate and up-to-date information for all vendors.
Enforce compliance with company policies and regulatory requirements related to vendor onboarding and ongoing business relationships.
Investigate and reconcile complex billing discrepancies, payment disputes, and account irregularities raised by vendor partners.
Ensure adherence to internal policies, compliance, and regulatory requirements related to accounts payable operations.
Participate in internal and external audits as needed and provide necessary documentation and responses to auditor inquiries.
Analyze accounts payable transactions and payment data to ensure accuracy and compliance with company policies and procedures.
Train and mentor junior accounts payable staff, providing guidance and support as needed.
Serves as a change agent and supports team members to align around process improvement and optimization.
Assist with the implementation and improvement of accounts payable processes, systems, and internal controls.
Collaborate with the procurement and finance teams to resolve issues and improve workflows.
Document and review AP procedures, recommending and implementing process improvements to enhance efficiency and control.
Support system upgrades, testing, and implementation of new AP technologies or workflows.