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AP / AR Specialist

AP / AR Specialist

Abjosoft LLCWeymouth, MA, US
30+ days ago
Job type
  • Full-time
Job description

Job Description

Job Description

Job Title : Account Receivable / Accounts Payable Associate (Administrator)

Location : Weymouth, MA

Employment Type : Full-Time

Department : Finance

Reports To : Controller

SUMMARY : The Accounts Receivable / Accounts Payable (AR / AP) Associate is responsible for all aspects of the accounts receivable and accounts payables functions, ensuring accurate financial records, and supporting the overall financial health of the organization.

DUTIES AND RESPONSIBILITIES :

General :

  • Sorts and distributes incoming mail.
  • Maintains organized and accurate financial records to support internal and external audits and tax reporting.
  • Maintains electronic records of all transactions, ensuring proper filing and documentation.
  • Ensures that all accounts receivable and payable activities comply with company policies and legal requirements.
  • Coordinates with other departments to ensure accuracy of financial transactions.
  • Assists with audits by providing necessary documentation and financial records.
  • Reconciles bank accounts.
  • Prepares reports related to accounts payable and receivable for management review.
  • Other responsibilities as requested.

Accounts Payable :

  • Enters expense invoices into accounting software, verifying proper account coding and period posting.
  • Matches inventory receipts to vendor bills. Keeps track of invoices partially received.
  • Communicates unit cost discrepancies to appropriate Buyer.
  • Submits proposed list of open invoices for weekly vendor payments.
  • Pays vendors by check, or by ACH or wire on bank website.
  • Applies vendor prepayments to open invoices, ensuring vendors are not paid twice.
  • Runs various month end reports such as AP Aging, Open Purchase Orders Pending Billing, and Vendor Prepayments.
  • Reconciles open payables to Vendor Statements, requesting missing documents when necessary.
  • Maintains Vendor data including W-9s and certificates of insurance.
  • Assists with accumulation of payment data necessary to file annual 1099 forms.
  • Accounts Receivable :

  • Processes customer payments received by e-mail (ACH and credit card) and mail (check).
  • Records receipt and application of funds on customer accounts in Accounting software.
  • Deposits checks via Bank website’s Remote Deposit Capture.
  • Resolves Customer payment discrepancies and respond to requests for such items as invoices, statements, or proof of delivery.
  • Collects on past due Customer accounts utilizing e-mail and telephone. Works with Customers to facilitate timely payments.
  • Assists in the preparation of month-end and year-end closing processes.
  • QUALIFICATIONS :

  • Bachelor’s degree in Accounting, Finance, or related field preferred.
  • Experience with accounting software. NetSuite preferred but not required.
  • Minimum of 5 years’ experience in accounts payable and receivable processes.
  • Knowledge of Microsoft Office Suite; intermediate level of Excel skills.
  • Attention to detail.
  • Strong organizational and time management skills.
  • Communicates effectively with members of all departments across the Company.
  • Handles sensitive financial information with confidentiality.
  • Manage multiple projects at one time with confidence.
  • Problem solving skills.
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    Specialist • Weymouth, MA, US

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