What are the responsibilities and job description for the Accounts Payable Specialist position at Mestek Machinery?
Accounts Payable Specialist
Reports to Formtek Inc. Plant Controller
I: Invoice Processing:
- Responsible for managing and processing all accounts payables invoices for FMF Cleveland in our Warrensville Heights, Ohio location.
- Verifies all invoices and prepares for vouchering by reviewing vendor terms, invoice amount, vendor general information and checks for any past dues amounts listed.
- Determines expense coding and properly lists the G/L account to be expensed.
- Verifies amount due of invoice by cross-referencing invoice to the approved purchase order.
- Using Excel , prepares a data file of vouchered invoice information and inputs this into the corporate accounting system.
- Utilizing macros and other Excel functions, will export the data to create a file of keyed in invoices.
- Scans all invoices directly into the corporate accounting system to ensure proper setup of payment.
- Prints daily receiving reports and matches to incoming invoices.
II: Freight bills ( UPS, FedExp, all other Freight)
- Coordinate with Cost Accountant to assign G/L accounts for the various freight bills and code accordingly.
- Complete all freight bill batches within an expedited time frame.
- Get manager approvals if the invoice is greater than $1,000.00, also include the Bills of Lading for each of these items.
- Prepare transportation bills for payment utilizing above-referenced methods for invoice processing.
III: Administrative Duties
- Answer all incoming overflow phone calls from the main switchboard and direct to correct parties.
- Maintain and coordinate all service calls for company equipment, i.e. copy machines, coffee and water machines.
- Conduct all preparations and organize all company sponsored lunch events for staff and sales visitors.
- Distribute mail daily.
- Assist in keying in the inventory tags for the annual inventory reconciliation.
IV: Purchase Order, Advance-To-Vendors, Expense Reports
- Maintain manual accounting files of progressive payments made to certain vendors. These are periodic payments on large dollar invoices with specific and detailed payment terms.
- Ensure strict adherence to payment terms and balance individual vendor payment log to reflect the progressive payments.
- Maintain all paperwork and documentation in a neat and orderly fashion.
- Obtain the proper management approvals necessary to process the payment.
- Submit the payment utilizing standard accounts payable methods.
- File all paperwork appropriately.
- Work together with Cost Accountant to record all manual checks and travel advances monthly.
- Research all vendor inquiries.
- Complete monthly review of unmatched receiving transactions.
- Other duties as assigned.