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1 Job in North Adams, MA

MountainOne Insurance Agency
North Adams, MA | Full Time
$45k-55k (estimate)
1 Month Ago
Accounts Payable Specialist
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$45k-55k (estimate)
Full Time 1 Month Ago
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MountainOne Insurance Agency is Hiring an Accounts Payable Specialist Near North Adams, MA

Job Description

Job Description

The Accounts Payable Specialist will be responsible for managing all aspects of accounts payable specific to insurance-related transactions. The primary duties will include processing invoices, verifying billing accuracy, reconciling accounts, and ensuring timely payments to insurance companies. The A/P Specialist must stay abreast of all departmental procedures and accounting practices and must consistently maintain compliance with all related Insurance Agency and Bank policies, standardized procedures and regulations.

Benefits

Hourly Base Salary Based on Experience

Paid Time Off (PTO)

Parental Leave

Dental Insurance

Vision Insurance

Health Insurance

Mon-Fri Schedule

Career Growth Opportunities

Hands on Training

Responsibilities
  • Process incoming invoices from insurance companies promptly and accurately.
  • Verify the accuracy of billing statements and ensure compliance with contract terms.
  • Reconcile accounts payable transactions with insurance records and resolve discrepancies as needed.
  • Prioritize and manage payment schedules to ensure timely disbursement of funds.
  • Communicate effectively with insurance providers to address inquiries and resolve payment issues.
  • Maintain detailed and organized records of all transactions and correspondence.
  • Collaborate with internal departments to facilitate smooth payment processes.
  • Assist in month-end closing activities related to accounts payable.
Requirements
  • Minimum of 2 years of accounting experience strongly preferred; Insurance experience preferred.
  • Understanding of basic accounting principles and practices. This includes knowledge of accounts payable processes, general ledger entries, and financial reporting.
  • Ability to analyze invoices and other financial documents to identify errors and discrepancies that may require further investigation.
  • Time management skills to meet deadlines for invoice processing and payments.
  • Proficient with Word, Excel and Outlook.
  • 25% availability to travel outside of a 25-mile radius.
  • Ability to sit, drive, bend, transfer between locations, answer the phone and perform computer input.

Job Summary

JOB TYPE

Full Time

SALARY

$45k-55k (estimate)

POST DATE

09/05/2024

EXPIRATION DATE

09/21/2024

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The following is the career advancement route for Accounts Payable Specialist positions, which can be used as a reference in future career path planning. As an Accounts Payable Specialist, it can be promoted into senior positions as an Accounts Payable Clerk III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Accounts Payable Specialist. You can explore the career advancement for an Accounts Payable Specialist below and select your interested title to get hiring information.

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If you are interested in becoming an Accounts Payable Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Accounts Payable Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Accounts Payable Specialist job description and responsibilities

Accounts payable specialists spend most of their day multitasking and need to prioritize tasks to ensure they complete their work on time.

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Reconciled bank statements with accounts receivables ledgers to assure accurate financial reporting and correct foreign currency exchange rates.

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Work with Maintenance team to ensure all maintenance expenditures are correctly allocated for payment.

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Learn and maintain comprehensive knowledge of the Accounts Payable software modules.

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Prepare analysis of accounts/statements, reconcile payments, and ensure payments are up to date.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Accounts Payable Specialist jobs

Soft skills like Teamwork, Time Management, Analytical Skills, Negotiation and Leadership are essential for Accounts Payable Specialist roles and jobs.

02/17/2022: Grand Forks, ND

Accounts payable specialists are key members of any organization, ensuring bills and commitments are paid on time, accurately, and completely.

01/12/2022: Troy, NY

Many of the tasks performed by accounts payable specialists can be completed by computers more efficiently.

02/07/2022: Boston, MA

Review all paperwork for accuracy and proper authorizations as required by Finance Policies and Procedures.

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Current and aspiring accounts payable specialists use a range of both hard and soft skills.

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Step 3: View the best colleges and universities for Accounts Payable Specialist.

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