Accounts Payable Specialist - Senior

Company Overview

We’re on a mission to create innovative solutions, so businesses around the world can leverage their digital brand assets more effectively — driving revenue and maximizing returns on content investments. We've led the digital asset management industry for over three decades. 

Canto is reshaping the digital asset management (DAM) landscape. Our platform offers a singular source for brands to organize, access, and share digital assets, amplifying content value, accelerating production, and ensuring brand consistency. At Canto, we're more than a DAM solution; we're a catalyst for brand evolution.  

It's such an exciting time to join the Canto Team. We have great people here already & We are growing rapidly! 

Job Title: Senior AP Specialist 

Location: Remote (Ireland) or Hybrid (Office in Cork) 

 Role Overview:   

We have a great opportunity for a dedicated Senior AP Specialist who will play a critical role in the continued growth of Canto. Reporting to the Senior Manager of Accounting, you will be responsible for managing the global accounts payable (AP) cycle, including processing invoices with applicable VAT compliance, handling cash disbursements, and maintaining vendor relationships. This role also includes overseeing general ledger (GL) accounting tasks, such as managing prepaid expenses and ensuring proper amortization, recording accruals to match expenses with the correct accounting periods, and reconciling credit card transactions to ensure accurate financial reporting. With a growing company, this role may also involve leading or assisting in system upgrades and enhancements to streamline AP processes and improve efficiency. 

What You’ll Be Doing:   

• Manage AP: 

• Process invoices from vendors and employee reimbursements, ensuring accurate coding to the GL globally. 

• Oversee payment processing, ensuring timely and accurate payments, including ACH or wire transfers and credit card payments across multiple banks.  

• Maintain vendor relationships, resolving discrepancies in invoices, payments, or contractual terms. 

• Recommend and implement process improvements to increase the efficiency and effectiveness of financial operations. 

• Oversee Prepaid Expenses: 

• Track and monitor prepaid expenses, ensuring proper recording and amortization over the correct periods. 

• Prepare journal entries to allocate prepaid expenses and adjust as necessary to reflect accurate financial records. 

• Handle Accruals: 

• Prepare and record journal entries for accrued expenses, ensuring accurate period-end accounting, when invoices haven’t been received. 

• Reconcile accruals with actual invoices and adjust as needed to ensure alignment with actual costs. 

• Manage Cash Disbursements: 

• Oversee cash disbursements to ensure sufficient liquidity to meet company obligations. 

• Reconcile cash disbursements with bank statements to maintain accuracy in financial records. 

• Prepare and File VAT Returns: 

• Prepare and file VAT returns in compliance with applicable tax laws and regulations. 

• Support External Audits: 

• Provide documentation and respond to inquiries during external audits to ensure accurate financial reporting.