Accounts Payable Specialist

Requisition ID: 107665

Share Our Purpose. Be Yourself. Feel Valued.

People are the heart of our business. As an American Water employee, you will be offered a competitive salary and health benefits package, along with opportunities to develop, grow, and evolve your career. Our benefits packages focus on key areas such as health & wellness, emotional & well-being, and savings for current & future goals.

We are Beautifully Different . We strongly believe having diversity across our company makes us more successful and helps us provide essential services to our customers. We are stronger because we embrace different ideas, viewpoints, experiences, and backgrounds. American Water is the best choice for your next role! Click here for more information on our inclusion, diversity, and equity journey.

About American Water

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people across 14 regulated jurisdictions and 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

As one of the fastest growing utilities in the U.S., American Water expects to invest $40 to $42 billion in infrastructure repairs and replacement, system resiliency and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce and strengthening communities.

American Water has been recognized on the 2023 Bloomberg Gender-Equality Index for the fifth consecutive year, ranked 18th on Barron’s 100 Most Sustainable U.S. Companies 2023 List, earned the U.S. Department of Homeland Security SAFETY Act designation and U.S. Environmental Protection Agency’s Water Sense® Excellence Award, among additional state, local and national recognitions.

For more information, visit amwater.com and join American Water on LinkedIn , Facebook , Twitter and Instagram .

Are you an experienced Accounts Payable professional and has experience with Monitoring aging PTP transactions in workflow, processing Invoices, Reconciling sub ledger accounts and are looking to join a world class organization! APPLY TODAY for immediate consideration!

Primary Role

• The Accounts Payable Specialist is responsible for the processing accuracy, timeliness, and compliance of transactions. Transactions include, but are not limited to invoices, credit memos, check requests, supplier chargebacks, travel and expense reimbursements, purchasing card, and unclaimed property.
• This responsibility includes, but is not limited to: validating transactions, reconciling general ledger accounts, posting correcting and adjusting journal entries, and with providing issue analysis and workflow status resolution.
• Assist with ensuring all of Accounts Payable’s transactions are processed in accordance with USGAAP, SOX, regulatory and tax policies, and internal policy and procedures.
• Deliver excellent customer service to Accounts Payable’s internal clients and external customers.
• Perform other assigned Accounts Payable tasks under the direction of Accounts Payable management.

Key Accountabilities

• Monitor aging PTP transactions in workflow and troubleshoot
• Validate transactions are processed in accordance with USGAAP, SOX, regulatory and tax policies, and internal policy and procedures.
• Reconcile sub ledger account activity to the general ledger.
• Process correcting journal entries.
• Address, resolve, and/or escalate supplier/customer inquiries Identify and correct duplicate invoices and payments Analyze vendor statements
• Assist with training of internal clients and external customers.
• Assist with month end closing, by calculating accruals, preparing journal entries and performing miscellaneous A/P reconciliations as requested

Knowledge/Skills

• Must be detail oriented with the ability to demonstrate a high degree of accuracy Must have the ability to solve challenging AP issues by analyzing problems that arise in the day-to-day processing of invoices or correct prior erroneously posted documents
• Must have strong organization skills, including ability to multi-task, and prioritize in a fast-paced environment
• Strong written and verbal communication
• Must have the ability to interact diplomatically and respectfully with co-workers, customers, and department management
• Strong knowledge of Accounts Payable’s processes and best practices
• Strong knowledge and use of Microsoft Office tools (MS Office, Lotus Notes, etc.)

Experience/Education

• Two-year Associates degree in Accounting or related field preferred or equivalent relevant job experience required.
• No experience required with a relevant business Bachelor’s degree. Minimum two years prior job-related experience preferred or a relevant business degree.
• Strong experience with Accounts Payable software/systems.
• Utilities industry or shared services experience a plus
• SAP, Great Plains, Open Text, or ImageNow experience a plus Unclaimed property software – Tracker a plus
• 3-way match invoice resolution a plus 1099 tax from experience a plus
• Travel and expense reimbursement or purchasing

Work Environment

• Office environment
• Hybrid work schedule 3 days in the office 2 days offsite.

Competencies

Champions safety

Collaborates

Cultivates innovation

Customer obsessed

Drives Results

Nimble learning

Join American Water... We Keep Life Flowing ™

American Water is firmly committed to Equal Employment Opportunity (EEO) and prohibits employment discrimination for employees and applicants based on his or her age, race, color, pregnancy, gender, gender identity, sexual orientation, national origin, religion, marital status, citizenship, or because they are an individual with a disability, protected veteran or other status protected by federal, state, and local laws.