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Accounts Payable Specialist

UltiMed, Inc.

Excelsior, MN 55331

Posted/Updated: 1 days ago

Job Description

GENERAL DESCRIPTION:

The Accounts Payable Specialist will be responsible for compiling, processing and maintaining account payable records. The position will report to the Controller. Candidate must be a confident self-starter able to manage their responsibilities and tasks with minimal supervision following the initial training period.

Preferred schedule: 2 full days during month-end closing weeks with slightly fewer hours the balance of the month.

PRIMARY RESPONSIBILITIES:

Accounts payable processing (~ 85% of the role):

  • Facilitate entry and payment of vendor invoices, which may include verification of vendor information, reviewing purchase orders, and resolving discrepancies.

  • Route vendor invoices to department managers for review and approval.

  • Enter invoices, including purchase order invoices, and applicable use tax in NAV system. Monitor invoices for fixed asset purchases.

  • Prepare weekly check run for review, approval, printing and mailing.

  • Respond to vendor inquiries and communications in a timely and thorough manner.

  • Record ACH/EFT payments of invoices in general ledger as they are processed.

  • Record bi-weekly payroll and off cycle bonuses entry in general ledger.

  • Records petty cash activity and verifies documentation of usage.

  • Other related duties as assigned.

Month end (10% of the role):

  • Assists with accounting records and ledgers by reconciling monthly statements and transactions.

  • Update and enter monthly freight accrual - tracking containers and billings for freight cost entry.

  • Reconcile use tax and prepare use tax return on a monthly basis.

  • Reconcile balance sheet accounts: deposits to CIP, use tax payable.

  • Maintain additions, adjustments and deletions in Sage Fixed Assets system.

  • Enter monthly depreciation and amortization in NAV.

  • Track and monitor vendor invoices to be accrued.

Year end/annual (< 5% of the role):

  • Run reporting and prepare 1099 forms for vendors.

  • Provide internal and external audit assistance as required.

  • Assist with forecasting and budgeting tasks.

REQUIREMENTS:

  • Education and Experience:

  • 2-year degree (associate/technical) in accounting

  • Minimum 2-3 years of experience in processing accounts payable with some exposure to GL accounting

  • Proficiency in using electronic accounting software required.

  • Experience in fixed assets helpful

Required Skills/Abilities:

  • Must be reliable and extremely trustworthy.

  • Must be proficient in Microsoft Office Suite or related programs.

  • Must be able to learn other accounting software systems.

  • Excellent organizational skills and attention to detail.

  • Ability to maintain confidential and meticulous records.

  • Computer skills required as well as 10-key and Excel spreadsheets.

  • Must have strong attention to detail, communication and problem-solving skills.

PHYSICAL JOB REQUIREMENTS:

  • Prolonged periods sitting at a desk and working on a computer.

  • Ability to read, understand and communicate in English.

  • Ability to concentrate for extended periods of time.

UltiMed, Inc.
350 Minnesota 7
Excelsior, MN 55331