Accounts Payable Specialist
Chuck Levin's Washington Music Center is currently seeking an Accounts Payable Specialist to complement our finance team. We are in search of an individual who possesses a strong attention to detail, a proactive work ethic, and an unwavering commitment to upholding the financial prosperity and operational efficiency of our distinguished music retail establishment. In this role, you will play a paramount role in overseeing accounts payable processes, ensuring the accurate and timely processing of invoices and credit memos, nurturing vendor relationships, and providing indispensable support to our company's overall financial operations. This presents an exceptional opportunity to contribute to the success of a leading music retailer.
In this pivotal role, you will report directly to the Accounting Manager and assume responsibility for the conscientious oversight of our accounts payable procedures. Your primary responsibilities will encompass invoice handling and verification, execution of diverse payment methods, credit memo management, cultivation of vendor relationships, and active contribution to the enhancement of our accounts payable functionality, all while maintaining meticulous record-keeping and compliance with financial policies.
This is a full-time position Monday-Friday with benefits including health, dental, life insurance, 401(k), paid sick leave, paid vacation leave, and discounted employee pricing.
Expected annual salary between $55-70K based on experience.
Key Responsibilities:
- Invoice Processing: Review, verify, and process all incoming invoices for accuracy and appropriate documentation approval.
- Payment Management: Prepare and execute payments, including checks, electronic transfers, ACH payments, and international wires
- Processing Credit Memos: Review and request credit memos on purchase returns and price protection.
- Vendor Relations: Maintain positive relationships with vendors, promptly addressing and resolving discrepancies or issues.
- Expense Reports: Review and process employee expense reports, ensuring compliance with company policies.
- Reconciliation: Perform regular reconciliation of accounts payable transactions, including vendor statements and credit card accounts.
- Record Keeping: Maintain accurate and organized records of all accounts payable transactions and related documentation.
- Complete and supervise all assigned activities as part of the daily process. Take initiative to drive improvements as identified.
- Provide oversight of cycle count accuracy and assist with inventory recording.
- Compliance: Ensure compliance with financial policies, procedures, and regulatory requirements.
- Month-End Close: Assist with month-end closing processes, including preparing accruals and accounts payable reports.
- Continuous Improvement: Identify opportunities for process improvements and efficiencies within the accounts payable function.
Qualifications:
- Education: Bachelor’s degree in accounting, Finance, or a related field preferred.
- Experience: Minimum of 10 years of experience in accounts payable or a similar finance role.
- Skills:
- Strong proficiency in Microsoft Office Suite, particularly Excel
- Experience with Dynamics 365 Business Central, preferred
- Experience with accounting software-Navision, preferred
- Excellent organizational and time management skills
- Strong attention to detail and accuracy
- Good communication and interpersonal skills
- Attributes:
- Ability to work independently and as part of a team
- Proactive problem-solving skills
- High integrity and reliability
Chuck Levin's Washington Music Center is an Equal Opportunity/Affirmative Action Employer. All qualified applicants receive consideration for employment without regards to race, color, religion, sex, national origin, disability, or protected veteran status.