Accounts Payable Specialist
American Water is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, we keep life flowing by providing safe, clean, reliable, and affordable drinking water and wastewater services to more than 14 million people across 14 regulated jurisdictions and 18 military installations. American Water's 6,500 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors, and other stakeholders.
As one of the fastest growing utilities in the U.S., American Water expects to invest $40 to $42 billion in infrastructure repairs and replacement, system resiliency, and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce, and strengthening communities.
New Jersey American Water is currently seeking an Accounts Payable Specialist to join our Camden NJ team! As AP Specialist you will be responsible for the processing accuracy, timeliness, compliance, and transactions of all things AP! Primary Role The Accounts Payable Analyst is responsible for the processing accuracy, timeliness, and compliance of transactions. Transactions include, but are not limited to: invoices, credit memos, check requests, supplier chargebacks, travel and expense reimbursements, purchasing card, and unclaimed property. This responsibility includes, but is not limited to: validating transactions, reconciling general ledger accounts, posting correcting and adjusting journal entries, and providing issue analysis and workflow status resolution. Assist with ensuring all of Accounts Payable's transactions are processed in accordance with USGAAP, SOX, regulatory and tax policies, and internal policy and procedures. Deliver excellent customer service to Accounts Payable's internal clients and external customers. Perform other assigned Accounts Payable tasks under the direction of Accounts Payable management.
Key Accountabilities:
- Monitor aging PTP transactions in workflow and troubleshoot
- Validate transactions are processed in accordance with USGAAP, SOX, regulatory and tax policies, and internal policy and procedures
- Reconcile sub ledger account activity to the general leger
- Process correcting journal entries
- Address, resolve, and/or escalate supplier/customer inquiries
- Identify and correct duplicate invoices and payments
- Analyze vendor statements
- Assist with training of internal clients and external customers
- Assist with month end closing, by calculating accruals, preparing journal entries, and performing miscellaneous A/P reconciliations as requested
Knowledge/Skills:
- Must be detail oriented with the ability to demonstrate a high degree of accuracy
- Must have the ability to solve challenging AP issues by analyzing problems that arise in the day-to-day processing of invoices or correct prior erroneously posted documents
- Must have strong organization skills, including ability to multi-task, and prioritize in a fast paced environment
- Strong written and verbal communication