What are the responsibilities and job description for the Accounts Payable Analyst position at MetroPlus Health Plan?

Accounts Payable Analyst

Job Ref : 116583

Category : Finance

Department : ACCOUNTS PAYABLE

Location : 50 Water Street, 7th Floor, New York, NY 10004

Job Type : Regular

Employment Type : Full-Time

Hire In Rate : $55,000.00

Salary Range : $55,000.00 - $65,000.00

Empower. Unite. Care.

MetroPlusHealth is committed to empowering New Yorkers by uniting communities through care. We believe that Health care is a right, not a privilege. If you have compassion and a collaborative spirit, work with us. You can come to work being proud of what you do every day.

About NYC Health Hospitals

MetroPlus Health provides the highest quality healthcare services to residents of Bronx, Brooklyn, Manhattan, Queens and Staten Island through a comprehensive list of products, including, but not limited to, New York State Medicaid Managed Care, Medicare, Child Health Plus, Exchange, Partnership in Care, MetroPlus Gold, Essential Plan, etc. As a wholly-owned subsidiary of NYC Health Hospitals, the largest public health system in the United States, MetroPlus Health's network includes over 27,000 primary care providers, specialists and participating clinics. For more than 30 years, MetroPlus Health has been committed to building strong relationships with its members and providers to enable New Yorkers to live their healthiest life.

Position Overview

The Accounts Payable Analyst is responsible for managing and ensuring the accuracy and timeliness of the company's payment obligations. This role involves processing invoices, reconciling vendor accounts, ensuring compliance with company policies, and analyzing accounts payable processes for continuous improvement.

Job Description

Invoice Processing

Review and verify invoices for accuracy, proper coding, and compliance with purchase orders and company policies.
Enter and process invoices into the accounting system.
Ensure timely approvals and resolution of discrepancies with vendors or internal departments.

Payment Processing

Prepare and execute payments, including checks, ACH, wire transfers, and credit card transactions.

Maintain a payment schedule and ensure adherence to deadlines to avoid late fees or penalties.

Vendor Management

Maintain vendor records and contact information

Respond to vendor inquiries and resolve payment issues promptly.

Reconcile vendor statements and ensure account accuracy

Compliance and Auditing

Ensure adherence to internal controls, company policies, and regulatory requirements.

Provide documentation and support for internal and external audits

Process Improvement

Identify opportunities to streamline accounts payable processes and enhance efficiency.

Participate in implementing new tools or systems to improve workflow.

Analyze data to prepare regular scheduled specialized AP reports, analyses and statements for management review

Review and analyze statistical reports for individual customer groupings and provide support with data analysis and report preparation

Process expense reimbursement

Reporting

Assist in preparing reports to share with business stakeholders

Minimum Qualifications

Associate's degree required. Bachelor's degree preferred.

5 years' minimum experience in accounts payable or related roles.

Strong knowledge of accounts payable processes, general accounting principles, and financial systems.

Experience with Peoplesoft System

Knowledge of Accounts Payable system

Proficiency in accounting software Microsoft Excel.

Excellent attention to detail, organizational, and problem-solving skills.

Ability to manage multiple tasks and meet deadlines in a fast-paced environment.

Strong communication and interpersonal skills for vendor and team interactions.

Self-motivated with a proactive approach to problem-solving.

Commitment to maintaining confidentiality and professional integrity.

Professional Competencies

Integrity and Trust

Customer Focus

Functional / Technical skills

Written / Oral Communication

LI-Hybrid

MPH50

Salary : $55,000 - $65,000

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Accounts Payable Analyst

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