What are the responsibilities and job description for the Accounts Payable Specialist position at Triumph Financial?
The Accounts Payable Specialist is responsible for processing all Triumph accounts payable transactions. This includes invoice processing, payment processing, and all related reporting, general ledger account analysis and reconciliations.
Essential Duties & Responsibilities
Following company procedures for compliance; coding and processing invoices including: distinguishing appropriate accounting period, determining company, branch or division allocation, ensuring proper G/L account codes are used, prepaid expenses and classification of nonemployee compensation
Monitoring and processing of incoming AP communications, including emails, Supplier correspondence, and other inquiries.
Processing check runs for Bank, Bank holding companies and its subsidiaries as needed
Managing the monthly inter-company invoice preparation to related companies and the process of payments
Preparing monthly and yearly accruals and adjustments for the accounting cycle
Ensuring all account aging issues are identified, communicated (especially with respect to necessity for accruals), and resolved in a timely manner
Analyzing and reconciling general ledger accounts and preparing journal entries
Managing 1099 processes for various Triumph entities and resolving any issues
Special projects as directed by the management team.
Education & Experience
2-4 years' experience with processing invoices using an accounts payable module
2-3 years' experience with general ledger, month-end close functions, reconciliations, etc., preferred.
Skills & Abilities Required
Strong communication skills, written and verbal. Must be comfortable communicating with management across all divisions regarding cost allocations, account variances, invoice approvals, etc.
Knowledge of general accrual accounting procedures and an understanding of relevant computer programs
Proficient in Excel
Must be highly organized, detail oriented, analytical, self-motivated and possess a team attitude
Able to multi-task and work under pressure, plan and problem solve
Must possess a willingness to learn and grow to meet the changing requirements of the job and business
Excellent interpersonal and communication skills
Ability to learn new systems quickly
Work Environment
The work environment characteristics described here may be encountered while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Moderate noise (i.e. business office with computers, phone, and printers, light traffic).
Ability to work in a confined area.
Ability to sit at a computer terminal for an extended period of time. Occasional stooping or kneeling may be necessary.
While performing the duties of this job, the employee is regularly required to stand, sit, talk, hear and use hands and fingers to operate a computer keyboard and telephone.
Specific vision abilities are required by this job due to computer work.
Light to moderate lifting is required.
Regular, predictable attendance is required.
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Triumph Financial, Inc. and its subsidiaries (hereafter the “Company”) is an equal opportunity employer and provides equal employment opportunities to all employees and applicants for employment. The Company prohibits discrimination and harassment against all employees and applicants for employment based on race, color, sex, gender, age, religion, creed, covered veteran status, military service, national origin or ancestry, ethnicity, sexual orientation, gender identity, gender expression, transgender status, actual or perceived physical or mental disability, genetic information, citizenship or immigration status, marital status, pregnancy, childbirth, or related medical conditions, reproductive health decision making, or any other characteristic protected by law. Equal employment opportunity applies to all terms and conditions of employment, including, without limitation, hiring, placement, promotion, termination, layoff, recall, transfer, leave of absence, compensation, and training.
