Sr. Accounts Payable Specialist

Job Description

Position Title: Sr. Accounts Payable Specialist

Reports to: Manager, Accounts Payable

Department: Finance

Location: 86 Summit Ave, Summit, NJ; in-office position

Classification: Full-time; Exempt

Summary / Job Objective: Full time Sr. AP Specialist with knowledge of all aspects of the accounts payable process. This position requires a professional individual who has analytical and problem-solving skills. This person should also be able to perform a wide range of tasks and projects while working well under pressure. The individual must be comfortable in a friendly but fast paced environment and have the ability to multi-task.

Primary Responsibilities:

• Responsible for accurate, timely and complete processing of all AP transactions and coding to General Ledger
• Identify and drive process improvements/new approaches to processes through automation
• Maintain effective relationships with business partners/ vendors through timely and accurate payment and response to inquiries
• Prepare, review and analyze select general ledger accounts payable account reconciliations, journal entries and accruals
• Supervise the Expense Travel / Entertainment and Purchasing card programs
• Review account activity in AP and monitor trends in invoice processing or aging while escalating priority issues timely
• Review all invoices and seek approval prior to processing, determine appropriate accounting treatment and properly code invoices in accounting system
• Maintain company travel & expense program, prepare batches in accounting system for reimbursement
• Supervise corporate credit card portfolio including reconciling expenses in credit card statements to expense reports
• Serve as a point of contact for vendor related issues on purchase orders, billing discrepancies, supporting documentation, etc.
• Assist with the preparation and issuance of 1099s
• Reconcile vendor’s statements, research and correct discrepancies such as duplicates etc.
• Maintain AP files and documentation thoroughly and accurately in accordance with accounting practices
  
  

Qualifications:

• 7 years of experience in Cash Management and online platforms
• Experience with Microsoft Dynamics Great Plains a plus
• Experience with Concur a plus
• Experience managing a corporate credit card program
• Knowledge of accounting & corporate finance principles and procedures
• Proficient computer skills (excel, word, e-mail & internet proficiency)
  
  

Core Competencies:

• Highly organized and detail oriented
• Strong written and verbal communication skills
• Ability to prioritize and multi-task in a fast-paced work environment
• Able to complete tasks accurately and timely with minimal supervision
• Proven ability to successfully work within a team, as well as independently
  
  

Compensation & Benefits:

Compensation (based On Experience)

• Base salary: $70,000 - $75,000
• This is an exempt position
• Annual performance bonus target: 5%
  
  

Benefits

• Employee benefits (medical, dental, vision, life insurance, other)
• 401k with employer match
• Paid Time Off
• Paid parking
  
  

Location: 86 Summit Ave, Summit, NJ 07901; This role is an in-office position

Company Description

Headquartered in Summit, New Jersey, Simplicity Financial Marketing Group Holdings (“Simplicity Group”) is a financial holding company in the independent financial services sector that specializes in the distribution of retirement and financial planning solutions. Simplicity Group and its wholly-owned Broker-Dealer, partners with insurance and investment professionals to help provide consumers with guaranteed income and life insurance products, wealth accumulation strategies, disability, and long-term care protection in support of a holistic financial strategy.

Through its vast distribution network of insurance, wealth, and institutional channels, Simplicity Group has assisted with the placement of more than $10 billion of insurance assets and has $10 billion of assets under management and advisement as of Q4 2024. Simplicity Group is a fast-growing business, focused on organic growth initiatives to help its distribution partners expand their businesses. Simplicity Group has over 1,100 employees and 70 operating subsidiaries. Simplicity Group is owned by two of the leading San Francisco-based financial and tech-enabled services private equity firms and by its operating Partners, who help drive the company’s day-to-day business.

For more information, please visit simplicitygroup.com.

Headquartered in Summit, New Jersey, Simplicity Financial Marketing Group Holdings (“Simplicity Group”) is a financial holding company in the independent financial services sector that specializes in the distribution of retirement and financial planning solutions. Simplicity Group and its wholly-owned Broker-Dealer, partners with insurance and investment professionals to help provide consumers with guaranteed income and life insurance products, wealth accumulation strategies, disability, and long-term care protection in support of a holistic financial strategy. Through its vast distribution network of insurance, wealth, and institutional channels, Simplicity Group has assisted with the placement of more than $10 billion of insurance assets and has $10 billion of assets under management and advisement as of Q4 2024. Simplicity Group is a fast-growing business, focused on organic growth initiatives to help its distribution partners expand their businesses. Simplicity Group has over 1,100 employees and 70 operating subsidiaries. Simplicity Group is owned by two of the leading San Francisco-based financial and tech-enabled services private equity firms and by its operating Partners, who help drive the company’s day-to-day business. For more information, please visit simplicitygroup.com.