Accounts Payable Specialist

Job Description

Job Description

We are looking for an experienced Accounts Payable Specialist to join our team in Minnetonka, Minnesota. This Contract-to-permanent position offers an excellent opportunity to contribute to a dynamic finance department within the insurance industry. The ideal candidate will bring strong attention to detail, organizational skills, and a solid background in accounting functions to ensure efficient processing of accounts payable.

Responsibilities :

• Process and accurately enter approved invoices and payment requests into the accounts payable system.
• Handle daily payment runs, including managing multiple payments and ensuring accuracy.
• Investigate and resolve issues related to stop payments, voided checks, and reissued payments.
• Prepare and process cash receipts for accounts payable refund checks.
• Provide backup support for reconciling purchase card accounts and transactions.
• Organize and distribute payments by matching attachments, stuffing envelopes, and managing mailings.
• Maintain accurate filing systems for checks, invoices, and reports.
• Research and address overdue invoices by collaborating with various departments and vendors.
• Create and post monthly journal entries as required.
• Develop and maintain strong relationships with vendors, branch locations, and corporate departments to ensure smooth communication.
• High school diploma or equivalent, with at least two years of accounting experience or equivalent training.
• Proven ability to use a personal computer and type with accuracy at a speed of 30-35 words per minute.
• Strong communication skills, both verbal and written, to interact effectively with vendors and team members.
• Excellent attention to detail and organizational capabilities to manage multiple tasks efficiently.
• Proficiency in Microsoft Office applications, including Outlook and Excel.
• Familiarity with Workday software is preferred, though not required.
• Competence in using a 10-key calculator by touch.
• Knowledge of accounting systems, accrual accounting, and automated clearing house (ACH) processes.