Accounting Associate Job at Memphis Staffing in Memphis

Accounting Associate

We are looking for a detail-oriented Accounting Associate to join our team in Memphis, Tennessee. This role is essential in ensuring accurate financial transactions, supporting reconciliations, and contributing to month-end close activities. The ideal candidate will demonstrate strong analytical skills and a proactive approach to improving accounting processes.

Responsibilities:

• Process and facilitate vendor payments, including wire transfers and other banking transactions, as authorized.
• Prepare and deposit physical checks into the appropriate accounts.
• Support accounts receivable tasks by processing cash applications and addressing customer deductions.
• Reconcile customer accounts and assist in resolving outstanding balances.
• Conduct vendor statement reconciliations to ensure timely and accurate payment processing.
• Investigate discrepancies between vendor records and company accounts, providing effective resolutions.
• Research and analyze vendor invoices with exceptions to identify root causes and recommend corrective actions.
• Contribute to month-end close activities by preparing journal entries and providing reconciliation support.
• Identify opportunities to enhance payment workflows, deduction management, and system operations.
• Maintain organized accounting databases and automated records for seamless financial tracking.

Requirements:

• Proficiency in preparing journal entries and maintaining general ledger accounts.
• Experience with month-end close activities, including financial reporting and reconciliations.
• Strong knowledge of accounts payable (AP) and accounts receivable (AR) processes.
• Ability to analyze and resolve discrepancies in financial records with precision.
• Skilled in using accounting software and tools for efficient data management.
• Exceptional attention to detail and organizational skills.
• Strong communication abilities to coordinate with vendors and internal teams.
• Capability to adapt and contribute to process improvement initiatives.