What are the responsibilities and job description for the Accounts Payable Specialist position at IMI Plc - Legacy Precision?
IMI plc
IMI plc is a sector focused organisation at the forefront of delivering motion and fluid control technologies that create a more sustainable world, improving the quality of life for our customers and communities and ultimately delivering our purpose of Breakthrough Engineering for a Better World.
The Automation platform leverages deep automation technology and applications expertise to improve productivity, safety and sustainability for our customers, Industrial Automation operates across many important industry sectors and is a world leader in supporting customers with motion and fluid control technology.
Our one big team work fairly and effectively but most importantly together to ensure we maintain the foundations that have enabled IMI’s success through over 150 years of heritage.
Role Overview:
The Accounts Payable specialist is responsible for providing, administrative and clerical services. These services include: preparing and processing invoices into the Accounts Payable system, processing and monitoring payments, creating new vendors and handle vendor changes, and performing ad hoc analysis.
Preferred Location: Denver, Oh - partially remote
Key Responsibilities
- Match vendor invoices and purchase orders, resolve discrepancies, verify tax invoiced, quantities billed, and unit pricing, and process credit memos, where applicable
- Scan and email copies of invoices with issues and route them to the appropriate party, resolve open issues with purchasing dept and project teams
- Receive vendor invoices via e-mail, then route to the appropriate party, enter into AP system
- Manage closely to monthly/quarterly deadlines and ensure all costs are posted timely in order to capture savings
- Provide listing of unmatched invoices to accounting and purchasing for accrual purposes.
- Strong communication with internal and external customers, customer-service oriented demeanour
- Assist with audits, both internal and external, by handling all accounts payable-related requests.
- Obtain vendor statements and reconcile open payables with their open receivable statement. Request missing invoices and submit them for approval.
- Strong understanding of and adherence to industry best practices, compliance, and accounting policies
- Process payments per the schedule and any special payments as approved.
- Provide back up to AP Lead as the Concur Admin
- Other duties as assigned.
Core Compenties of Success
- 3 years of experience entering AP at a medium to large company
- Working knowledge of the GL & accruals
- Motivated self-starter with strong organizational and time-management skills
- Ability to meet deadlines in a dynamic environment
- Spanish language skills desired.
- Familiarity with Concur Expense Suite
- Intermediate excel user
What IMI Can Offer You
At IMI, one of our top priorities is to create an inclusive culture of health. We strive to remove barriers to care (whether that be physical or financial) and in doing so, we offer choice for all your health and wellbeing needs.
See below for a general overview of our amazing perks and benefits:
- Multiple health plans to choose from: HMO, PPO, and High Deductible Health Plans with a low-cost share.
- Full suite of voluntary benefits to tap into, including but not limited to: Pet insurance, critical illness insurance, concierge services, legal insurance, commuter benefits (if applicable), and home & auto insurance.
- Employer contribution for Health Savings Account, and in many cases free virtual telemedicine, and teletherapy.
- Best-in-class 401K plan with zero vesting and up to 6% contribution matching.
- Mental Health and wellness programs to support you and your family.
- Short & long-term disability as well as basic life insurance at 2x your basic salary at no cost to the employee.
- Free financial advisors, webinars, and classes through Charles Schwab.
- Annual Employee Stock Purchase Plan with option to purchase IMI shares at a reduced employee only price - no opportunity to lose, only to profit or refund your investment 100%.
Pay range:
Minimum (25th percentile of Mercer data) – maximum hourly/annually (top of budgeted amount)
Within the range, individual pay is determined based on skills, experience, and qualifications as they relate to the job requirements. In addition to base salary, this position is eligible to receive a variable incentive pay component. Base pay information is based on market location and may be subject to prevailing wage laws, if applicable.
**Benefits plans change year over year, but we have guiding principles in place to ensure our employees have the tools and resources available to stay connected and up to date**
Health & Safety
The physical demands described within the Key Duties & Responsibilities section of this job description are required to perform the essential functions of this position. Reasonable accommodations may be made for individuals with disabilities. Please contact your local HR representative to discuss the specific Work Conditions and Physical Requirements of this role.
Health, Safety, and Environmental Duties – At IMI we are all personally committed to protecting our people, minimizing our impact to the environment, the communities we operate in and our company. All members of our workforce have the duty to ensure the health, safety and welfare of themselves, others, and the environment. Every employee is expected to follow all HSE operating procedures, also to challenge any observed behaviors or unsafe acts.
Code of Ethics
IMI requires the highest standard of ethics in all business dealings, particularly with customers, suppliers, advisors, employees, and the authorities. In accordance with the IMI Way: Our Code of Responsible Business.
Changes to This Job Description
IMI may amend this job description in whole or part at any time.
IMI is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status.
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