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We are in search of an accomplished Accounts Payable Specialist to join our team in Downers Grove, Illinois. As an Accounts Payable Specialist, you will be integral in ensuring the smooth operation of our accounts payable processes. Your focus will be on enhancing operational efficiency, supporting business objectives, and facilitating decision-making through comprehensive analytics and reporting.
Job Responsibility:
Execute complex accounts payable procedures and address issues related to payment processing and vendor relations
Conduct detailed analysis of payment trends and prepare comprehensive reports to support recommendations and findings
Deliver operational support for new acquisition integrations, with emphasis on Dynamics implementation
Lead initiatives such as vendor EDI implementations, troubleshoot system issues, and refine AP Module Dynamics functionalities
Ensure timely and accurate execution of payment runs, including checks, EFTs, and credit cards, along with issue tracking and resolution
Coordinate organization-wide Inventory Reporting by managing data collection, analysis, and quarterly report delivery to management
Support invoice processing teams and conduct vendor analysis related to payment delays, credit holds, and other account-related issues
Facilitate the vendor addition process to ensure compliance and continuity
Develop and execute task plans to ensure timely completion of milestones and deliverables
Extract data from ERP systems to perform ad-hoc and routine analytical studies
Requirements:
Must possess a minimum of 5 years experience in the role of an Accounts Payable Specialist or similar
Proficiency in account coding is required
Must have extensive knowledge and experience with accounting software systems
Ability to perform various accounting functions is essential
Experience in handling Accounts Payable (AP) is a must
Familiarity with accrual accounting principles is required
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