The Sr. Accounts Payable Analyst will be able to collaborate effectively with various internal finance and other team members, external vendors, and business partners to maintain accurate vendor and client accounts. The candidate will conduct the preliminary analysis before inputting the purchase orders and invoices into company ERP system. This role will work with all levels of employees and vendors globally to perform complex accounts payable processes accurately and efficiently. Responsibilit... more details
Sr. Accounts Payable Analyst
Job LocationUS-MD-Bethesda
Division
LSI Corporate
Travel Required
10%
Company Overview
Liquidity Services (NASDAQ: LQDT) operates the world’s largest B2B e-commerce marketplace platform for surplus assets, with over $10 billion in completed transactions to more than 5 million qualified buyers worldwide and 15,000 corporate and government sellers. It supports its clients’ sustainability efforts by helping them extend the life of assets, prevent unnecessary waste and carbon emissions, and reduce the number of products headed to landfills.
General Summary
The Sr. Accounts Payable Analyst will be able to collaborate effectively with various internal finance and other team members, external vendors, and business partners to maintain accurate vendor and client accounts. The candidate will conduct the preliminary analysis before inputting the purchase orders and invoices into company ERP system. This role will work with all levels of employees and vendors globally to perform complex accounts payable processes accurately and efficiently.
Responsibilities
Understand, review, analyze and manage high volume, large dollar complex invoices and coding for multiple business units and multiple legal entities using Excel
Serve as subject matter expert for vendor and client invoice process which includes the ability to use an upload spreadsheet to process up to 300 invoices in one invoice upload process
Collect and assess business required information, input into the company ERP system, follow-up for workflow approval and adjust as needed
Prepare, process and record ACH, wire, check, credit card payment transactions weekly to maintain and reconcile accounting ledgers
Resolve routine internal and external inquiries concerning account status and resolution
Generate monthly reports for various levels of reconciliations
Conduct research on purchase orders, contracts, invoices, and bank records to promptly resolve payment discrepancies or disputes
Enforce accounts payable procedures, policies, IRS, and SOX requirements
Assist with set up and maintenance of vendor records which includes collecting, reviewing, and setting up vendors accurately and following up on vendor set up approvals
Audit and verify receipts and coding of company travel expense and PCard reports
Provide support for all internal/external audits
Assist in creating and maintaining the AP Standard Operating Procedures Manual
Assist in the development, implementation, and process improvements to enhance the AP department workflow
Supervisory Responsibilities:
No
Qualifications
Education/ Experience:
Minimum 3 years or equivalent Accounts Payable and/or Accounting experience
Thorough knowledge of full cycle accounts payable and general accounting processes and best practices
Advanced Excel skills and MS office applications
Ability to prioritize and adhere to tight deadlines
Possess exceptional written and oral communication skills collaborating with vendors, business partners and other team members
Ability to analyze, compare, interpret data and format into excel reports accurately
Knowledge of Oracle Fusion Accounts Payable module a plus
Ability to work independently and with a team in fast-paced environment
Experience with multiple entities and countries is a plus
Skills:
Advanced Excel skills and MS office applications
Work Conditions/ Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Hybrid work: Must be able to go into Bethesda office once a week, and Bethesda or Owings Mills office during quarterly/annual Team meetings
Travel: Less than 10%
Disclaimer:The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. Liquidity Services Inc. reserves the right to modify position duties at any time due to business necessity.
Liquidity Services is an Equal Opportunity Employer.
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