Accounts Payable Specialist

Position: Accounts Payable Accountant

Location: New York, NY

Salary: $60K — $70K

NYC based Savings Bank seeks an Accounts Payable Accountant to join their Team!

• Perform accounts payable operations accurately and efficiently. Ensuring AP policies and procedures are followed and updated (authorized signature, identify approval limits, etc). Research variances between invoices, payments and vendor contracts.
• Code AP invoices accurately for payment. Analyze AP invoices accurately and efficiently for proper accounting treatment, General ledger coding for P&L, prepaid, fixed asset, accrual, cost center, and taxes.
• Prepare and process accounts payable checks and fund ACH payments. Maintain vendor files and contracts. Monitor expense accounts to ensure payments are up-to-date and process accruals when needed
• Prepare AP journal entries, funding and reconcile payments, invoices, contracts, and AP related GL accounts
• Resolve outstanding AP items. Communicate and work effectively with others to research AP issues; clearly defining action needed and following up on resolutions. Provide internal customer service for inquiries regarding invoice/payment status
• Assist during annual budget, quarterly forecasts and monthly variance analysis. Perform analytics on monthly changes and actual vs. budget. Ability to extract information from various source systems to document support.
• Analyze AP process and implement ways to increase efficiency. Communicates effectively with others to resolve AP system or process issues, recommend improvements or system enhancements. Automate AP workflows in a paperless environment.
• Create/update AP procedures. Communicate and implement changes in policies and procedures.
• Assist Internal Audit for AP related areas, special projects and backup for other accounting and finance functions
• Order stationary printing, office supplies, online postage and maintain petty cash

• Proficiency in Microsoft Office (Word, Excel, Outlook)
• Ability to analyze financial information (variance analysis)
• Knowledge of reconciliation of accounts
• Bachelor’s degree in Accounting, Finance or Management (or equivalent combination of education and experience)
• 3-5 Years of full cycle accounts payable experience
• COCC experience is a plus
• Banking experience is a plus
• Speak Chinese is a plus