Accounts Payable Analyst (Finance)

Status

Full-Time

Standard Hours per Week

40

Job Posting Category

Accounting/Finance

Job Posting Description

Position Summary:
Serves as the liaison between AP and Supply Chain and is responsible for the set up and maintenance of vendors/suppliers and ensuring match exceptions are resolved in a timely manner. Monitors the approval workflow to ensure invoices are processed in a timely manner. In conjunction with department management, assesses work load issues and lends support and training to staff as needed. Responsible for planning, leading and coordinating process improvement initiatives, including supporting improvement of critical business processes and driving of continuous process improvement, utilizing recognized process improvement methodologies and tools, throughout the AP function and the Pay to Procure process.

Key Responsibilities:

• Sets up / maintains supplier / vendor data and manages the process for identifying, submitting and approving new suppliers / vendors.     
• Coordinates match exceptions and ensures their resolution in a timely manner through ongoing collaboration with Supply Chain, AP Supervisor and AP staff.
• Monitors the voucher approval workflow and addresses / escalates unapproved vouchers and resolves EDI errors in a timely manner.
• Identifies accounts payable processing issues and works to improve work flow through actual assistance in processing accounts payable requisitions, matching invoices and providing other supporting documents to the staff.
• Analyses payments, expenses, discounts, invoice processing queues and other ad hoc reports required by department management, Controller or Financial Reporting Department.
• Recommends process improvements to management and implements approved improvements of critical business processes. Drives continuous process improvement within the AP department and Procure-to-Pay functions.
• Regularly reports to AP and Finance Leadership on improvement efforts. Prepares and delivers presentations and interacts with AP and Finance leadership regarding the status and progress of improvement efforts.
• Manages communication and relationships with key project stakeholders (internal and external) and institution-wide; Composes, edits, and delivers written and verbal communications; Facilitates group discussions; Keeps team members appropriately informed.

Minimum Qualifications
Education:

• Bachelor’s degree in finance, business, or directly related field required.

Experience:

• Three years of directly related work experience required.
• Knowledge of general accounting principles and procure to pay process preferred.

Office/Site Location

Boston

Regular, Temporary, Per Diem

Regular

Remote Eligibility

Full-Time Remote

Pay Range

$55369.60-$88576.80 Annual