Accounts Payable Specialist

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Farm Credit Mid-America is a financial services cooperative serving financial needs of farmers and rural residents in Arkansas, Indiana, Kentucky, Missouri, Ohio, and Tennessee. Our purpose is to secure the future of rural communities and agriculture. We are passionate about serving the needs of our rural communities and creating positive customer experiences.

Farm Credit Mid-America is a great place to work! We have been named as a Best Places to Work in Kentucky for the past 13 years. At Farm Credit Mid-America we put our customers and team members at the heart of all we do.

Schedule: Full Time, Hybrid
Travel Required: 0% - 5%

Compensation: The salary range for this position is estimated to be $44,552.00 – $72,340.00 annualized, which reflects the company’s current estimate of the potential compensation range at the time of posting. This salary range reflects the anticipated compensation for this position and represents one component of the total rewards package. Final compensation will be determined based on factors such as experience, skills, education, qualifications, and allotted budget.

The organization offers a comprehensive benefits program as part of its overall compensation strategy, and salary ranges are reviewed periodically to remain aligned with market conditions.

Benefits At A Glance

Eligible team members have access to a comprehensive benefits package that includes:

• Medical, dental, and vision insurance
• Well-being and fitness reimbursement programs
• Paid vacation, sick leave, and holidays
• 401(k) plan with company contributions and matching opportunities
• Paid parental leave
• Short-term and long-term disability coverage
• Tuition reimbursement and professional development programs
• Community involvement and volunteer opportunities
• Variable compensation opportunities for eligible positions

Ensures accurate, timely, and controlled accounts payable processing for the Association, including vendor invoices, employee expenses, payments, and corporate card activity. Maintains compliance and fraud-prevention controls, resolves accounting exceptions, and supports tax-reporting requirements to protect financial integrity and meet processing deadlines.

The Accounts Payable Specialist builds foundational knowledge and skills to contribute to core work within the team. Team members focus on learning processes, applying guidance from more experienced colleagues, and delivering accurate work in a supportive, structured environment. They are developing confidence, strengthening capability, and gaining familiarity with our systems, relationships, and expectations.

• Processes and reconciles vendor invoices and employee expenses to ensure accurate coding, authorized spending, complete documentation, and timely payment.
• Ensures the accuracy and integrity of accounts payable transactions by conducting quality reviews of invoices, payments, vendor records, and accounting entries, identifying and resolving discrepancies before processing.
• Reconciles accounts payable system reports with general ledger and subsidiary ledger balances, investigating and resolving variances to maintain accurate financial records.
• Identifies, analyzes, and corrects payment and accounting exceptions, including duplicate invoices, mis-posted transactions, missing entries, incorrect payment amounts, timing differences, and vendor account discrepancies.
• Schedules payments, captures available discounts, and resolves invoice, payment, and documentation discrepancies with internal and external partners.
• Administers the corporate card program, including card issuance, limit changes, cancellations, and transaction monitoring to reduce misuse and fraud risk.
• Maintains W-9 documentation and IRS-reportable transaction records, including cash-reporting data, to support accurate and compliant tax reporting.
• Completes assigned tasks accurately by following established processes, guidance, and quality standards.
• Applies direction from more experienced team members to build skill, confidence, and reliability.
• Maintains organized, complete, and dependable work products that…