AP / AR Specialist I

Accounts Payable / Receivable Specialist

Prepares, records, verifies, analyzes and reports accounts payable / receivable transactions | Pays vendor invoices and receives and posts customer payments on a timely basis | Maintains and reconciles accounts payable / receivable ledger accounts, financial statements and reports | Prepares analyses and reconciliations of bill runs to detect fraud | Ensures that transaction entry verification procedures are followed | May prepare and deliver low-volume customer billing and respond to resulting queries

Impact of the Role

Requires conceptual knowledge of theories, practices, and procedures within a job discipline | Performs routine assignments using existing procedures | Receives instruction, guidance and direction from more senior level roles | Entry level to a professional career progression | Consistent exercise of discretion & judgment

Essential Functions

• Analyzes accounts payable / receivable activities to ensure compliance with internal controls and accounting policies.
• Maintains and reconciles the accounts payable and accounts receivable ledger to validate charges and ensure timely and accurate payments and receipt of payments.
• Utilizes AP / AR data to identify trends, inefficiencies, and opportunities for improvements or cost savings.
• Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management.
• Investigates and resolves discrepancies in billings and collections or payments.
• Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms.
• May recommend improvements to accounts payable / receivable processes.

Required Qualifications

Preferred Qualifications

Physical Requirements

Travel Requirements

No or very little travel likely.