Accounts Payable Specialist - Oil and Gas

Accounts Payable Specialist - Oil and Gas

We are currently seeking an experienced Accounts Payable Specialist to join our client, a prominent oil and gas company. This is an excellent opportunity to work with a dynamic organization and contribute to their financial operations.

As an Accounts Payable Specialist, you will play a crucial role in managing the accounts payable function for our client's oil and gas company.

You will be responsible for accurately processing invoices, reconciling statements, coordinating with vendors, and ensuring timely payment of outstanding obligations.

The ideal candidate will possess strong attention to detail, excellent organizational skills, and a solid understanding of accounting principles in the oil and gas industry.

Responsibilities of the Accounts Payable Specialist - Oil and Gas

• Process vendor invoices, ensuring accuracy, proper coding, and adherence to internal policies and procedures.
• Review and verify invoice discrepancies, resolving any issues in a timely manner.
• Perform regular reconciliation of vendor statements to ensure accuracy and identify any outstanding payments or discrepancies.
• Coordinate with internal departments to obtain necessary approvals for invoice processing.
• Communicate with vendors regarding payment inquiries, statements, and account reconciliations.
• Collaborate with the procurement team to ensure purchase orders are accurately reflected in the accounts payable system.
• Prepare and process electronic transfers and payments to vendors, ensuring timely disbursement of funds.
• Maintain accurate and up-to-date accounts payable records, including proper documentation and filing systems.
• Assist in month-end and year-end closing activities, including reconciling accounts and preparing financial reports.
• Stay informed about industry trends, regulatory changes, and best practices in accounts payable processes in the oil and gas industry.
• Contribute to process improvements, identifying opportunities to streamline procedures and enhance efficiency.

Requirements of the Accounts Payable Specialist - Oil and Gas

• 5+ years of proven experience as an Accounts Payable Specialist, preferably within the oil and gas industry.
• Strong knowledge of accounting principles and practices, with a focus on accounts payable processes.
• Proficient in using accounting software and ERP systems; experience with SAP or Oracle is a plus.
• Excellent attention to detail and accuracy in processing invoices and payments.
• Strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines.
• Effective communication skills, both verbal and written, with the ability to interact professionally with internal stakeholders and external vendors.
• Proficient in Microsoft Office Suite, particularly Excel.
• Ability to work independently and collaboratively within a team environment.
• Strong problem-solving skills and the ability to proactively identify and resolve issues.
• Knowledge of industry-specific regulations and compliance standards is an advantage.

Compensation of the Accounts Payable Specialist - Oil and Gas

$22-28 / hr. depending on experience

To apply, please visit www.fuse3solutions.com