What are the responsibilities and job description for the Accounts Payable Specialist position at The Enterprise Center?
Accounts Payable Specialist
Job Summary
We are seeking a detail-oriented and organized Accounts Payable Specialist to join our finance team. The ideal candidate will be responsible for managing the company's accounts payable processes, ensuring timely and accurate payments to vendors and suppliers. This role requires proficiency in accounting software, strong data entry skills utilizing Sage, and a solid understanding of financial practices. The Accounts Payable Specialist will play a crucial role in maintaining financial accuracy and supporting the overall financial operations of the organization.
Requirements
Recordkeeping (55%):
· Required to input all company payables into Sage or similar accounting software.
· Responsible for maintaining and organizing accounts payable financial records that adhere to internal controls and supports audits and compliance requirements.
Vendor Communication (35%):
· Ensure timely responses to vendor inquiries and resolve discrepancies effectively.
· Invoice and Payment Management: Process, approve, and schedule payments for vendor invoices, avoiding late fees.
· Expense Tracking and Reporting: Allocate shared expenses and manage annual 1099 reporting for applicable vendors.
Monthly Reconciliation (5%):
· Reconcile bank accounts for each entity and ensure all transactions are accurate.
· Inter-Entity Transactions: Record and reconcile transfers between entities while addressing any discrepancies.
· Month-End and Year-End Close
Financial Reconciliation (5%):
· Balance key accounts, post adjustments, and prepare accurate financial reports.
- Salary Range - $55,000-$60,000
Salary : $55,000 - $60,000