Accounts Payable, Senior Associate

Position: Accounts Payable, Senior Associate

Client: Banking

Location: New York, NY 10020

Duration: 6 months of Contract to Hire

Work Schedule: Hybrid - 3 days onsite/ 2 days remote, per week

Senior Associate Job Summary – Accounts Payable

The Senior Associate level AP employee will be organized, detail-oriented, personable and a process-driven individual. They will be a self-starter, able to work autonomously without supervision, and provide financial and administrative support to the Finance management team as well.

Essential duties and responsibilities

• Ability to demonstrate a clear understanding of the full cycle Accounts Payable workflow and it’s upstream / downstream impact
• Support the day-to-day accounts payable operations, including invoice entry, account reconciliation, invoice status, invoice resolution across a Global landscape
• Prepare month-end and year-end closing activities include preparing journal entries and supporting schedules, reconciling accounts, and ensuring timely completion of close
• Conduct detailed account reconciliations, ensuring the integrity and accuracy of all Accounts Payable ledger balances
• Assist in the preparation and coordination of audits by providing necessary financial information and responding to auditor inquiries
• Assist with annual 1099 / 1042 tax filing
• Work on ad-hoc special projects related to accounting and financial reporting
• Implement, maintain and support accounting policies/processes, systems, and internal controls
• Identify opportunities to improve efficiency of existing processes and proposing new business initiatives
• Support corporate card / Purchasing Card application and reconciliation
• Assist with documenting and revising internal policies, communication and training materials
• Resolve issues in accordance with the company's Accounts Payable policies

Preferred Qualification requirements

• Associates Degree or equivalent
• 5 years accounts payable experience
• Knowledge of general accounting principles, regulatory standards and compliance requirements
• Proficiency in MS Office, including the ability to operate computerized accounting and spreadsheet programs
• High degree of accuracy, attention to detail and confidentiality
• Excellent analytical, problem solving and decision making skills
• Strong Customer Service Skills
• Effective organizational, stress and time management skills
• Demonstrates a sense of urgency and ability to meet deadlines
• Ability to work independently or as a team member