Accounts Payable Associate Sr

Position Title

Accounts Payable Associate Sr

Location

New York, NY 10018

Job Summary

The Senior Accounts Payable Associate supports the Accounting team with managing the Bank’s financial transactions related to vendor payments and employee expense reimbursements. This includes processing invoices, preparing and issuing payments, reconciling accounts, and ensuring timely and accurate payments while adhering to financial policies.

$18.23 - $28.90

Pay Range: Local Minimum Wage - $0.00 - $0.00

Job Responsibilities:

• Invoice and Expense Reimbursement Processing: Receiving, verifying, and processing vendor invoices and/or employee expense reimbursements for payment.
• Payment Preparation and Processing: Preparing and issuing payments to vendors, ensuring accuracy and timeliness. Print and distribute checks, while also maintaining check log. Process direct deposit payments for employee expense reimbursement.
• Account Reconciliation: Reconciling accounts payable balances with vendor statements and/or employee expense reports to identify and resolve discrepancies.
• Record Keeping: Maintaining accurate and complete records of all accounts payable transactions, including imaging and validating relevant documents.
• Communication: Responding to vendor and/or employee inquiries, resolving payment issues
• Assisting with Audits: Providing documentation and support for audits.
• Sorts and distributes incoming mail

ADDITIONAL ACCOUNTABILITIES

• Performs special projects, and additional duties and responsibilities as required.
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.  Accountable to maintain compliance with applicable federal, state and local laws and regulations.

JOB REQUIREMENTS

Required Qualifications:

• Education level required: High School / High School Equivalency (GED, HiSET, TASC) / Foreign Equivalent
• Minimum experience required: 2+ Years of Accounting/Accounts Payable experience

Preferred Qualifications:

• Education level preferred: Undergraduate Degree (4 years or equivalent) in Accounting, Finance or related

Job Competencies:

• Excellent knowledge of accounting/accounts payable functions.
• Computer literacy skills (eg. Microsoft Office);
• Detailed oriented; Analytical and organizational skills;
• Ability to maintain confidentiality;
• Data entry skills;
• Professional verbal and written communication skills; Customer service skills
• Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer

Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank