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Accounts Payable, Accounting Associate

Factory Mutual Insurance Company
Johnston, RI Full Time
POSTED ON 4/12/2025
AVAILABLE BEFORE 4/10/2026

Overview

FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.

 

Summary:The Accounts Payable Accounting Associate II position processes vendor invoices in an accurate and timely fashion in accordance with corporate policies, maintains the vendor file, ensures timely payments in accordance with vendor payment terms and provides other support to the Treasury/Finance functions as needed. This position requires a comprehensive understanding of accounts payable transaction flow and how the payables function impacts the business at large.

 

Schedule & Location:This is a non-exempt, hourly position that is office-based in Johnston, Rhode Island. The work week is based on 37.5 hours per week and employee has flexibility to work remotely one day per week, on either Tuesdays or Fridays.

Responsibilities

• Must accurately input a minimum of 40 vouchers of varying complexity per day• Accurately processes payables transactions in a timely manner following established policies and procedures• Actively participates in the purchase order match exception process effectively collaborating with FM’s Strategic Sourcing and Buyer cohort to resolve• Must follow-up on aging invoices not approved by business stakeholders• Responsible for vendor onboarding including but not limited to Form W-9 collection, validation of vendor banking instructions, etc. • Provides excellent customer service to various departments by timely responding to inquiries and information requests• Frequently communicates with FM employees and vendors• Escalates non-routine and complex matters to supervisor/manager and participates in issue resolution• Participates in and provides support for special projects as needed• Assist in month-end closing activities, including but not limited to preparation of monthly balance sheet reconciliations

Qualifications

Required Education:• High School Diploma, Associates Business Degree or equivalent combination of education and work experience will be considered

 

Highly Preferred Education:• College Degree 

 

Required Work Experience:• 3 years of general accounting or accounts payable experience

 

Highly Preferred Work Experience:• Accounting or accounts payable processing experience in a Fortune 1000 Company• Knowledge of fixed asset accounting

 

Required Skills:• Strong understanding of accounts payable business process and transaction flow with knowledge of interrelationship between payables, general ledger, cash management, etc.• Proficient with Microsoft Office suite of products (i.e., Excel, Word and PowerPoint)• High attention to detail• Sound analytical and problem-solving skills• Excellent written and oral communication skills• Superior customer service orientation• Ability to work in a high-volume, deadline-driven environment with varying priorities

 

Highly Preferred Skills:• Knowledge of PeopleSoft is a plus

 

The hiring range for this position is $29.21 - $41.99 per hour. The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more. FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.

Salary : $29 - $42

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