Accounts Payable Specialist

$52,000 - $58,000/Yr

Young Innovations - Algonquin, IL

Full-time - Mid Level

Hybrid - Algonquin, IL

Real Estate

About the position

The Accounts Payable Specialist at Young Innovations will focus on coordinating accounts payable activities across multiple business units. This hybrid position requires candidates to reside in the Algonquin, IL area and involves close collaboration with the accounting team to ensure efficient processing of invoices and vendor payments.

Responsibilities

• Review and enter all AP invoices.
• Perform three-way match between purchase orders, goods received, and vendor invoices.
• Monitor AP email inboxes daily for business units.
• Work closely with business units to ensure proper processing of invoices, including receiving, coding, and approval.
• Generate payments to vendors in a timely manner via bank web portal or manual check/ACH.
• Communicate with vendors on invoice discrepancies, invoice requests, and monthly statements.
• Process all incoming payment requests.
• Collaborate with appropriate staff members regarding credits, returned/damaged product, quantity, and/or price variances.
• Provide accruals for outstanding invoices at month-end.
• Assist in obtaining audit information requested.
• Support AP Supervisor and other members of the accounting team as needed.
• Assist and support in special projects related to maximizing efficiency.
• Other duties as assigned.

Requirements

• 3 years or more of prior successful experience in effectively executing accounts payable and other clerical accounting activities.
• Prior experience in a multi-BU company, and P21 experience helpful.
• High volume data entry experience.
• High school diploma; some college or associate degree a plus.
• Basic knowledge of accounts payable processes, procedures, and best practices.
• Must be detail oriented.
• Strong organizational skills.
• High level of accuracy.
• Self-motivated.
• High comfort level and capabilities with accounting systems and software as well as Microsoft Excel.
• Demonstrated ability to identify, escalate, and assist in problem resolution.
• Excellent verbal and written communication skills.