Accounts Payable Specialist

at  Acuity Knowledge Partners

QUALIFICATIONS:

1. Bachelor’s degree in Accounting, Finance, or a related field.
2. English, oral, and written knowledge at fluid level is a must.
3. Minimum of 3 years of experience in accounts payable or a similar finance role.
4. Proficiency in Oracle Cloud Financials is required.
5. Strong understanding of accounts payable principles and general accounting procedures.
6. Excellent organizational skills and attention to detail.
7. Ability to manage multiple tasks and prioritize work to meet deadlines.
8. Strong communication skills, both written and verbal.
9. Proficient in Microsoft Office Suite, particularly Excel.
10. Experience with electronic payment systems and vendor management.

PREFERRED QUALIFICATIONS:

• Experience with Oracle Cloud Financials implementation or migration is a plus.
• Knowledge of regulatory standards and compliance requirements.
• Experience in a large, complex organization.

BRIEF OBJECTIVE OF THE ROLE:

We are seeking a detail-oriented and experienced Accounts Payable Specialist to join our team. The ideal candidate will have a strong background in accounts payable processes and be proficient in Oracle Cloud Financials or equivalent ERP. The Accounts Payable Specialist will be responsible for managing the full cycle of accounts payable activities, ensuring accurate and timely processing of invoices, and maintaining vendor relationships.

KEY RESPONSIBILITIES:

• Process, verify, and reconcile invoices in a timely and accurate manner.
• Utilize Oracle Cloud Financials to enter, manage, and track invoices and payments.
• Review and verify invoices for proper authorization and compliance with company policies.
• Maintain vendor files and records, ensuring all information is up-to-date and accurate.
• Respond to vendor inquiries and resolve any discrepancies in billing.
• Reconcile accounts payable transactions and prepare analysis of accounts as required.
• Assist with month-end closing procedures, including accruals and account reconciliations.
• Maintain and improve accounts payable processes to increase efficiency and accuracy.
• Assist with internal and external audits by providing necessary documentation and explanations.
• Stay current with Oracle Cloud updates and best practices and provide training to other team members as needed.
• Price analysis by downloading multiple reports such as stale price check, unpriced report, zero volume report, price variance report, FX variance report etc.
• Comparison of price estimates to actual price reports with comments.
• Coordinate with respective investment operations teams for price estimates of non-public stocks/OTC products.
• Other Ad-hoc tasks.