Senior Accounts Payable Analyst

Requisition ID: 17928

 

Join us in building a better future for Arizona!

SRP is one of the largest public power and water utilities in the U.S. providing electricity to approximately one million customers in the greater metropolitan Phoenix area. Since its founding in 1903, SRP has fostered a culture of stewardship and customer service consistently ranking as an industry leader in customer service according to J.D. Power and named one of Arizona's best employers by Forbes. SRP continues to adapt to its changing business environment by seeking innovative ways to reimagine utility service and the provision of critical resources essential to the life and economy of Arizona.

 

Why Work at SRP

At SRP, we foster an inclusive work environment and believe everyone should have a fair chance to work, regardless of who they are. That’s why we value teams with diverse perspectives, experiences, and backgrounds to help SRP deliver on its mission of providing reliable, affordable and sustainable water and power.

 

SRP's success is rooted in our employees' happiness, health, and safety. That's why we offer a comprehensive benefits package to meet the needs of our employees and enhance their well-being. In addition to competitive pay and performance incentives, eligible employees can take advantage of the following benefits:

 

• Pension Plan (at no cost to the employee)
• 401(k) plan with employer matching
• Available your first day: Medical, vision, dental, and life insurance
• Over 200+ hours of PTO (includes vacation days, holidays, floating holidays, and sick leave)
• Parental leave (up to 4 weeks) and adoption assistance
• Wellness programs (including access to a recreation and fitness facility)
• Short and long-term disability plans
• Tuition assistance for both undergraduate and graduate programs
• 10 Employee Resource Groups for career development, community service, and networking

 

Summary

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Prepare, record, verify and pay vendor invoices for goods and services on a timely basis/respond to vendor queries | Maintain, analyze and reconcile accounts payable ledger accounts, financial statements and reports | Develop, direct, plan and evaluate accounts payable policies and procedures l Ensure external and internal controls and policies are not compromised. 

What You'll Do

• Research and analyze transactions and accounts that require corrections. Process the corrections by creating Adjustments, Credits, Financial Adjustments (Journal Entries), Obsolete invoices and verifying/creating Refunds to Vendors. Must understand the transactions and effects of adjustments to ensure accuracy and compliance with GAAP. 
• Complete Account Reconciliations and resolve reconciling items in a timely manner.  
• Perform Monthly and Annual Close of the Accounts Payable module. Review invoices and documents, accrue expenses in accordance with policy to ensure the integrity of the financial statements and compliance with GAAP. 
• Lead the team in identifying and implementing processes that support SRP policies and procedures. 
• Create Board and Trend Reports on a periodic basis. Research and complete the processes for Foreign Transaction Reports, OFAC review and other compliance reporting/processes as requested.  
• Work with Auditors (External and Internal) to produce required evidence and documents requested. Communicate with and support SRP Business Associates regarding inquires or data requests.
• Engage in continual improvement of processes. Coordinate with Procurement and Logistics and Warehousing to make corrections and to ensure compliance and appropriate accounting procedures are used. 
• ​Processes payments returned from the bank and reimbursements from Board and Council. 

Experience

Promotion to Level 2 requires a minimum of two years' experience at Level 1 and demonstrated capability to perform advanced and more difficult work as determined by the supervisor.

Promotion to Senior Level requires a minimum of 3 years' experience at Level 2, is fully competent in all aspects of functional area of assignment and as such would be recognized as a specialist in area of assignment and may have periodic or occasional lead responsibil