Senior Payables & Compliance Analyst

Salary range is $26.44/hour - $62.50/hour with a midpoint of $40.87/hour.  New hires typically receive between minimum and midpoint, however, we may go slightly higher based on experience, internal equity and market.

Sound Transit also offers a competitive benefits package with a wide range of offerings, including:

• Health Benefits: We offer two choices of medical plans, a dental plan, and a vision plan all at no cost for employee coverage; comprehensive benefits for employees and eligible dependents, including a spouse or domestic partner.
• Long-Term Disability and Life Insurance.
• Employee Assistance Program.
• Retirement Plans: 401a – 10% of employee contribution with a 12% match by Sound Transit; 457b – up to IRS maximum (employee only contribution).
• Paid Time Off: Employees accrue 25 days of paid time off annually with increases at four, eight and twelve years of service. Employees at the director level and up accrue additional days. We also observe 12 paid holidays and provide up to 2 paid floating holidays and up to 2 paid volunteer days per year.
• Parental Leave: 12-16 weeks of parental leave for new parents.
• Pet Insurance discount.
• ORCA Card: All full-time employees will receive an ORCA card at no cost.
• Tuition Reimbursement: Sound Transit will pay up to $5,000 annually for approved tuition expenses.
• Inclusive Reproductive Health Support Services.
• Compensation Practices: We offer competitive salaries based on market rates and internal equity. In addition to compensation and benefits, you’ll find that we provide work-life balance, opportunities for professional development and recognition from your colleagues.

GENERAL PURPOSE:
 
In a rapidly growing, challenging processing environment,  the Senior Payables & Compliance Analyst oversees activities of the centralized travel and expense team to ensure timely processing of payments; supports the Accounting Operations Manager in the oversight of the agency vendor maintenance and onboarding program and processes; leads or participates in projects to improve financial software processes, procedures, and reporting that directly affect the group or department; assist with customer concern resolution for the Accounts Payable department. Analyzes vendor data and implements process improvement across P2P and the agency. Analyzes systems to ensure running adequately and leads all UAT efforts as needed for ERP and other payable systems. 

Under general direction, provides subject matter expertise for the Agency’s travel program, the travel and expense software application(s), and the Agency’s policies and procedures for the same. Ensures that all transactions and employee expense reimbursements comply with Agency policies. Assist with processing travel and expense reimbursements. Ensures compliance with purchasing card reconciliation requirements and processes the purchasing card payments. Assists with the validating, testing, and end-user training, ensuring that all system related functionality is working effectively. 

ESSENTIAL FUNCTIONS:
The following duties are a representative summary of the primary duties and responsibilities. Incumbent(s) may not be required to perform all duties listed and may be required to perform additional, position-specific duties.

• Manage and design vendor master controls around vendor setup and maintenance. Ensuring that vendors are appropriately setup in accordance with state and federal regulations related to 1099 setup.
• Ensuring appropriate controls are implemented at the vendor level ensuring protection of vendor banking information related to ach and wire payments.
• Following protocols around vendor banking changes.
• Ensure data integrity and internal controls are adhered to around vendor sensitive data including but not limited to vendor tax identification number, banking instructions and addresses. 
• Manage vendor payment programs and vendor outreach initiatives.
• Validating vendors and taking fraudulent preventative measures.
• Reconcile travel, P-Card, and accounts payable accounts.
• Performs weekly/monthly analytics to ensure KPIs are on track and troubleshoots issues in the AP process and presents to management his findings and recommends solutions.
• Ensures travel, purchasing card reconciliation, and expense reimbursement compliance through a variety of continuous audit and monitoring techniques