Accounts Payable Specialist
Accounts Payable Specialist
Customers Bank
West Reading, PA
Job ID : 374f2f7156306c306b6752382f4e6d3146673d3d
Job Description :
At Customers Bank, we believe in working hard, working smart, working together to deliver memorable customer experiences and having fun. Our vision, mission, and values guide us along our path to achieve excellence. Passion, attitude, creativity, integrity, alignment, and execution are cornerstones of our behaviors. They define who we are as an organization and as individuals. Everyone is encouraged to have personal development plans. By doing so, our team members are on their way to achieve their highest potential and be successful in their personal and professional lives.
The Accounts Payable Specialist is responsible for all aspects of the accounts payable process for the Company, including the Bank, the Corporation, and all subsidiaries. This position is responsible for the timely and accurate processing and payment of vendor invoices, check requests, recurring rents or other recurring payments, as well as employee expense reimbursements. The Accounts Payable Specialist will ensure that all payments are properly coded to the general ledger, properly authorized for payment in accordance with the Company’s approval matrix and properly supported with sufficient documentation, including invoices, receipts, contracts, leases, etc., as applicable. This position is also responsible for maintenance and amortization of prepaid expense items, annual 1099 Misc. and 1099 NEC reporting, and sales and use tax requirements related to vendor invoices. The Accounts Payable Specialist will assist with maintaining and updating of the Accounts Payable policy and procedures, will assist with providing explanations for the monthly/quarterly expense analytics and variance analysis and will assist in ensuring that proper accruals are recorded for unrecorded liabilities. The Accounts Payable Specialist will support the Accounts Payable manager in maintaining, updating and utilizing the Company’s accounts payable systems and workflows and with the timely and accurate integration of accounts payable, prepaid expense and accrual entries into the general ledger. This position will also be responsible for performing all accounts payable activities in support of the identified internal control procedures.
Must Haves:
- 5+ years of related accounts payable processing experience, preferably in a publicly traded banking or financial services environment
- Knowledge of and experience using accounts payable and expense reimbursement systems and workflows and the integration with other accounting systems in a financial services environment
- Excellent knowledge or background of accounts payable and expense reimbursement policies and procedures, including expense analytics, unrecorded liability accruals and general ledger coding/allocation
- Comprehensive knowledge of 1099 Misc. and 1099 NEC reporting requirements
- Comprehensive knowledge of sales and use tax rules and requirements related to vendor invoices/payments
- Knowledge of prepaid expense management and amortization
- Strong verbal and written communication skills
- Strong analytic skills
- Strong all-around technical skills, including but not limited to, MS Office products
- Detail oriented
- Ability to work in a fast paced, demanding, and rapidly changing environment
- Ability to prioritize competing priorities in a logical manner
- Ability to work nights and weekends, when needed, during reporting periods
Nice to Haves:
- Undergraduate degree from accredited university in account or finance or equivalent experience
- Knowledge of accounts payable workflow implementation
- Knowledge of U.S. GAAP
Technology Skills:
- Knowledge of Banking operating and accounting systems
- Knowledge of Accounts Payable and employee expense reimbursement systems and workflows
- MS Office applications
Customers Bank will provide consideration for employment to qualified applicants without regard to their race, color, religion, national origin, sex/ gender, sexual orientation, gender identity, protected veteran status or disability.
VEVRAA Federal Contractor, seeking priority referral of qualified protected veterans.
Customers Bank will provide consideration for employment to qualified applicants without regard to their race, color, religion, national origin, sex/ gender, sexual orientation, gender identity, protected veteran status or disability.
VEVRAA Federal Contractor, seeking priority referral of qualified protected veterans.
Company Details :
Name : Customers Bank
CEO : Jay S. Sidhu
Headquarter : Malvern, PA
Revenue : $500 million to $1 billion (USD)
Size : 501 to 1000 Employees
Type : Company - Public
Primary Industry : Banking & Lending
Sector Name : Financial Services
Year Founded : 1997
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Details
: West Reading, PA
: 38258 - 47570 USD ANNUAL
: Today
