Financial Transaction Specialist

2 days ago

Nashik, Maharashtra, India beBeeAccounts Full time US$ 60,000 - US$ 80,000

Accounts Payable Specialist Job Description

We are seeking an experienced and detail-oriented Accounts Payable Specialist to join our dynamic finance team. The ideal candidate will have a minimum of 2 years of experience in accounts payable within the U.S. market. This role will be responsible for managing the full accounts payable cycle, ensuring accuracy, timeliness, and compliance with company policies and U.S. regulations.

Key Responsibilities:

  • Invoicing: Review, verify, and process vendor invoices in an accurate and timely manner, ensuring proper approvals and adherence to company policies.
  • Payment Processing: Manage and process payments to vendors, ensuring they are done according to terms and schedules, and reconciling payments with vendor statements.
  • Reconciliation: Perform monthly reconciliation of accounts payable ledger to the general ledger, ensuring all discrepancies are identified and resolved promptly.
  • Vendor Communication: Communicate regularly with vendors to resolve payment inquiries, disputes, and other account-related issues.
  • Expense Reporting: Assist in the preparation and review of expense reports, ensuring compliance with company policies and internal controls.
  • Tax Compliance: Maintain accurate records for sales tax and 1099 reporting, ensuring compliance with U.S. tax laws.

Requirements:

  • Experience: 2+ years of experience in an accounts payable or related finance role, with a strong understanding of U.S. accounting principles.
  • Education: Bachelor's degree in Accounting, Finance, or a related field is preferred.
  • Skills:
  • Microsoft Excel Proficiency: Proficient in Microsoft Excel (pivot tables, v-lookups, etc.).
  • Accounting Software Experience: Experience with accounting software - QuickBooks.
  • Tax Knowledge: Knowledge of U.S. tax laws and regulations (1099, sales tax, etc.).
  • Communication Skills: Strong attention to detail, accuracy, and organization. Excellent communication skills, both written and verbal.
  • Time Management: Ability to work effectively in a fast-paced environment and manage multiple priorities.
  • GAAP Familiarity: Familiarity with U.S. Generally Accepted Accounting Principles (GAAP).

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