The Accounts Payable Specialist is responsible for the financial, administrative and clerical support of a company. They are in charge of making payments owed by the company to suppliers and other creditors, paying vendor invoices or bills, and recording the company's short-term debts.
•Process outgoing payments in compliance with financial policies and procedures
•Perform day today-to-day clerical transactions, including verifying, classifying, and recording accounts payable data
•Reconcile the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted.
•Verify and investigate discrepancies, if any, by reconciling vendor accounts and monthly vendor statements
•Facilitate payment of invoices due by sending bill reminders and contacting clients
•Generate reports detailing accounts payables status
•Understand expense accounts and cost centres