What are the responsibilities and job description for the Accounts Payable Specialist position at Anika?
Summary of Primary Responsibilities:
Under the direction of the Accounts Payable/Payroll Manager and in collaboration with other AP Specialists, the Accounts Payable Specialist will be responsible for performing full-cycle accounts payable process.
Specific Responsibilities:
Works on assignments that are semi-routine in nature where ability to recognize deviation from accepted practice and procedures is required. Normally receives general instructions on routine work and detailed instructions on new assignments.
Supervisory Responsibilities:
None
Experience, Knowledge, and Skills Required:
Under the direction of the Accounts Payable/Payroll Manager and in collaboration with other AP Specialists, the Accounts Payable Specialist will be responsible for performing full-cycle accounts payable process.
Specific Responsibilities:
- Review and verify the accuracy of invoice information to ensure validity.
- Request approval from corresponding department when applicable.
- Assess and match vendor invoices with corresponding purchase orders.
- Rectify discrepancies between invoices and purchase orders by communicating with both vendors and Anika’s purchasing department.
- Process payment requests, employee expense reports and distributor commission payments in a timely manner.
- Determine if invoices require sales and use tax in the State of MA and self-assess if applicable.
- Ensure reoccurring payments for rents, leases, utilities etc. are paid on time.
- Reconcile and process corporate card statements for accurate, timely payment.
- Process the weekly payment run, match payments with corresponding invoices and approval documentation.
- Prepare wire transfer documents for all foreign currency transactions and other electronic payments, such as ACHs, to be paid via on-line banking platform.
- Reconcile vendor statements to internal records on a regular basis. Identify errors and work with the vendor to resolve.
- Execute monthly accounts payable closing procedures including assisting in determining necessary accruals.
- Ensure compliance with internal policy and procedures.
- Assist in completing annual 1099 filings.
- Assist in gathering information for Sunshine Act Transparency reporting.
- Identify and implement improvements to create more efficient accounts payable process.
- Assist in other assignments or special projects as necessary.
Works on assignments that are semi-routine in nature where ability to recognize deviation from accepted practice and procedures is required. Normally receives general instructions on routine work and detailed instructions on new assignments.
Supervisory Responsibilities:
None
Experience, Knowledge, and Skills Required:
- Requires high school diploma, bachelor’s degree preferred
- ERP experience required; SAP preferred
- Strong attention to detail and analytical skills
- Ability to communicate professionally with colleagues and vendors
- Demonstrated ability to identify and resolve issues
- Solid working knowledge of Microsoft Office Suite with an emphasis on Excel
- Requires a minimum of 2-3 years’ experience with high volume, full cycle accounts payable