TreasurySvcs and AcctsPayable Analyst

Treasury Services and A/P Analyst at Munich Re America Services (MRAS)

Munich Re America Services (MRAS) is a shared service organization that delivers services to all Munich Re US P&C Companies and other group entities.

As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive—from traditional reinsurance coverages to niche and specialty reinsurance and insurance products.

Future focused and always one step ahead! The Treasury Services and Accounts Payable Analyst will process disbursement requests for all outgoing payments, support maintenance of vendor information and onboarding new vendors using the global procure-to-pay system, and record incoming receipts in the financial system (SAP). The role also processes invoices through an Optical Character Recognition (OCR) tool.

• Collect required information for new vendor onboarding and provide bank verification for electronic payments.
• Support change management for all vendors within the global procure-to-pay system.
• Validate all incoming invoices through the OCR tool daily.
• Process all incoming invoices through various global tools and systems.
• Perform daily processing of cash receipts through SAP – Accounts Receivable and SAP systems.
• Research and assign the proper tax type and jurisdiction of company expenses submitted for payment.
• Reconcile disbursement activity with SAP and execute payment run activity daily, including check printing and verification of print quality.
• Perform payment adjustments and review the paid exceptions and payment clearance functions.
• Respond to employee, vendor and client inquiries regarding payment requests or status.
• Perform user acceptance testing of new system applications.

• Bookkeeping and/or accounting experience.
• Ability to analyze and report on transactions.
• Microsoft Word/Excel skills.
• Time management and organizational skills.
• Intermediate to advanced SAP knowledge – Accounts Payable, Accounts Receivable, General Ledger.

The Company is open to considering candidates in Princeton, NJ.

Salary range: $50,000 – $55,000 plus opportunity for company bonus based on a percentage of eligible pay. Benefits include health insurance coverage, employee wellness program, life and disability insurance, 401(k) match, retirement savings plan, paid holidays and paid time off (PTO).

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Mid-Senior level

Full-time

Customer Service

Insurance