What are the responsibilities and job description for the Accounts Payable Specialist position at RNGD?
About the Company
RNGD (a Palmisano Company) is a rapidly scaling organization emerging as a nationally recognized leader in construction through our unique Renegade mindset focused on innovation, creativity, and culture. The team is made up of a highly engaged group of seasoned professionals and emerging leaders. We are creators who believe that what we build drives the growth of our cities and that to fulfill our mission, we must constantly challenge the old way of doing things. Headquartered in New Orleans, Louisiana, we thrive on building communities, building teams, building leaders, and growing the business throughout the Southeast region with additional teams currently in Nashville and Huntsville.
About the Role
We are seeking a detail-oriented and organized Accounts Payable Specialist to join our growing team in the construction industry. The ideal candidate will be responsible for managing and processing accounts payable functions, ensuring that vendor invoices and payments are accurate, timely, and in compliance with company policies and industry standards. This role requires a keen eye for detail, the ability to work under pressure, and strong communication skills to interact with internal teams and external vendors.
Primary Responsibilities:
- Invoice Processing: Review and process all accounts payable invoices related to construction projects, ensuring accuracy and proper coding in accordance with job costing and general ledger accounts.
- Payment Processing: Prepare and execute weekly payment runs, ensuring all payments are made on time, including vendor invoices, subcontractor invoices, and supplier payments.
- Vendor Management: Maintain positive relationships with vendors, answering inquiries regarding outstanding invoices, payment status, and discrepancies.
- Reconciliation: Perform monthly reconciliations of accounts payable subledger to general ledger, ensuring all transactions are recorded and discrepancies are addressed in a timely manner.
- Job Costing: Ensure that construction-related invoices are properly allocated to the correct project cost codes and cost centers, assisting with job costing and project financial reporting.
- Compliance: Ensure all accounts payable transactions comply with internal controls, policies, and industry regulations (including lien waiver management, if applicable).
- Reporting: Assist with preparation of weekly or monthly accounts payable reports and other financial statements as required.
- Documentation: Maintain accurate and organized records of all accounts payable transactions and supporting documentation for audit purposes.
- Issue Resolution: Investigate and resolve any payment or invoice discrepancies, working closely with project managers, vendors, and internal teams.
- Collaboration: Work closely with the accounting and project management teams to support financial reporting, job costing, and budgeting processes.
Qualifications:
- Education: High school diploma or equivalent required; Associate’s degree in Accounting, Finance, or related field preferred.
- Experience: At least 2 years of accounts payable experience, preferably in the construction industry or a related field.
- Skills:
- Strong understanding of accounts payable processes and accounting principles.
- Proficient in accounting software (experience with construction-specific software, such as Procore or Viewpoint, a plus).
- Excellent attention to detail and organizational skills.
- Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
- Strong communication and interpersonal skills to collaborate with both internal teams and external vendors.
- Basic knowledge of job costing and construction financial reporting.
Additional Requirements:
- Familiarity with lien waivers, retainage, and other construction-specific accounting processes.
- Ability to adapt to changing priorities and work effectively under pressure.
- Strong problem-solving skills and the ability to troubleshoot issues independently.
RNGD is an equal employment opportunity employer.