The Accounts Payable Analyst is responsible for the accurate and timely processing of accounts payable transactions, ensuring compliance with company policies and procedures. They play a critical role in managing vendor relationships, optimizing payment processes, and contributing to the overall financial health of the organization.

Key Responsibilities:

• Invoice Processing:
• Receive, review, and process vendor invoices in accordance with established procedures.
• Verify accuracy of invoices, ensuring appropriate coding and approvals.
• Payment Processing:
• Prepare and process electronic and manual payments to vendors based on agreed payment terms and schedule.
• Coordinate with the finance team to ensure timely and accurate disbursement of payments.
• Vendor Management:
• Communicate with vendors regarding invoice discrepancies, payment inquiries, and payment status.
• Maintain positive vendor relationships and negotiate payment terms when necessary.
• Expense Reporting:
• Review and process employee expense reports, ensuring compliance with company policies and obtaining necessary approvals.
• Month-End Reconciliation:
• Perform reconciliations and analysis of accounts payable ledgers to ensure accuracy and completeness.
• Prepare month-end closing activities related to accounts payable.
• Compliance and Reporting:
• Ensure compliance with relevant accounting standards, company policies, and legal requirements.
• Assist in the preparation of periodic financial reports related to accounts payable.
• Process Improvement:
• Identify opportunities to enhance efficiency and accuracy in the accounts payable process.
• Propose and implement process improvements to streamline operations.