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Accounts Payable Specialist
Landing Point New York, NY
$62k-82k (estimate)
Full Time | Lending & Credit 3 Days Ago
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Landing Point is Hiring an Accounts Payable Specialist Near New York, NY

A global private equity fund with over $50b in AUM is looking to hire an Accounts Payable Specialist to join its Accounting team. The team is currently responsible for managing the entire Accounts Payable process for the management company side of the firm.
Responsibilities:
  • Reviewing and coding of invoices for accuracy of cost allocation, compliance with the firm’s guidelines and accounting policies.
  • Assisting in preparing weekly payment runs for Management Co., selecting invoices for payment, managing AP cash spending.
  • Processing domestic and international payments to third party vendor typically via EFT/Wire daily.
  • Processing employee reimbursement payments.
  • Identifying and setting up new vendors in AP database according to the firms’ procedures including appropriate tax classification set up and income reportability, and payment instructions.
  • Setting up third party vendors payment templates in Cash Management System.
  • Processing general ledger transaction reflecting AP activities.
  • Booking payments and other cash transactions initiated by Accounts Payable as appropriate and making sure bank balance agrees to book balance.
  • Participating in annual 1099 process, that includes data review, printing and mailing out forms, and electronic filing to IRS.
Qualifications:
  • 5 years of Accounts Payable experience
  • College degree a strong plus
  • Financial Services experience a plus
  • Ability to work with all levels of management and employees in the open team environment.
  • Open to working in NYC office 3 days a week
  • Does not require any Visa sponsorship
The post Accounts Payable Specialist appeared first on Landing Point.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Lending & Credit

SALARY

$62k-82k (estimate)

POST DATE

06/24/2024

EXPIRATION DATE

08/13/2024

WEBSITE

landingpoint.com

HEADQUARTERS

MANHATTAN, NY

SIZE

25 - 50

FOUNDED

2015

TYPE

Private

CEO

ERICA WHITE

REVENUE

<$5M

INDUSTRY

Lending & Credit

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The job skills required for Accounts Payable Specialist include Accounts Payable, Accounting, General Ledger, etc. Having related job skills and expertise will give you an advantage when applying to be an Accounts Payable Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Accounts Payable Specialist. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Accounts Payable Specialist positions, which can be used as a reference in future career path planning. As an Accounts Payable Specialist, it can be promoted into senior positions as an Accounts Payable Clerk III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Accounts Payable Specialist. You can explore the career advancement for an Accounts Payable Specialist below and select your interested title to get hiring information.

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If you are interested in becoming an Accounts Payable Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Accounts Payable Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Accounts Payable Specialist job description and responsibilities

Accounts payable specialists spend most of their day multitasking and need to prioritize tasks to ensure they complete their work on time.

12/08/2021: Santa Cruz, CA

Reconciled bank statements with accounts receivables ledgers to assure accurate financial reporting and correct foreign currency exchange rates.

12/31/2021: Pueblo, CO

Work with Maintenance team to ensure all maintenance expenditures are correctly allocated for payment.

01/01/2022: Riverside, CA

Learn and maintain comprehensive knowledge of the Accounts Payable software modules.

12/19/2021: Gainesville, FL

Prepare analysis of accounts/statements, reconcile payments, and ensure payments are up to date.

12/23/2021: South Bend, IN

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Accounts Payable Specialist jobs

Soft skills like Teamwork, Time Management, Analytical Skills, Negotiation and Leadership are essential for Accounts Payable Specialist roles and jobs.

02/17/2022: Grand Forks, ND

Accounts payable specialists are key members of any organization, ensuring bills and commitments are paid on time, accurately, and completely.

01/12/2022: Troy, NY

Many of the tasks performed by accounts payable specialists can be completed by computers more efficiently.

02/07/2022: Boston, MA

Review all paperwork for accuracy and proper authorizations as required by Finance Policies and Procedures.

02/22/2022: El Paso, TX

Current and aspiring accounts payable specialists use a range of both hard and soft skills.

03/02/2022: Troy, NY

Step 3: View the best colleges and universities for Accounts Payable Specialist.

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