Senior Accounts Payable Analyst

Title: Sr. Accounts Payable Analyst

Location: St. Ann MO

Type: FullTime

Summary

The Senior Accounts Payable Analyst collaborates with the Accounts Payable Manager and offshore team to establish department standards focusing on superior customer service and adherence to best practices for timely and accurate supplier invoice payments. The role involves supporting Accounts Payable team members through training troubleshooting and assistance with supplier payments. Key responsibilities include managing daily payments developing and monitoring KPIs reporting metrics forecasting supplier spend implementing process improvements and identifying automation opportunities within the Procure to Pay cycle. The analyst will interact with all organizational levels addressing supplier inquiries concerns and issues while also conducting training testing and continuous improvement initiatives as a Subject Matter Expert.

Responsibilities:

• Review supplier payment proposals daily and provide weekly forecasting based on scheduled due dates.
• Develop and track relevant KPIs and metrics to enhance the supplier experience.
• Research and resolve filed supplier payment inquiries in line with company service levels.
• Collaborate with business leaders on supplier inquiries driving root cause correction initiatives.
• Analyze supplier statements reconcile accounts and highlight recurring payment issues.
• Act as the lead contact for payment escalations and supplier issues conducting root cause analysis and presenting crossfunctional solutions to Accounting and Finance leadership.
• Consolidate business needs from various teams and present recommendations to accounts payable leadership.
• Provide recommendations for payment/system improvements including OCR solutions for invoice processing and host2host payment integration with bank partners.
• Support monthend and yearend close responsibilities including IRS 1099 compliance and reporting.
• Validate data from internal sources and ensure appropriate resolution courses are pursued.
• Host periodic supplier calls offer ad hoc reporting and analyze insights into supplier spend and payment trends.
• Evaluate recommend maintain and monitor internal controls to standardize business processes and procedures.
• Mentor and train others on reports systems payment process flows and procedures.
• Complete audit requests collaborating closely with internal and external auditors.

Qualifications:

• Bachelors degree in Accounting Finance or a related discipline required; MBA preferred.
• 13 years of experience in General Analytics (Accounting Accounts Payable GL ProcuretoPay etc.) with Oracle ERP experience as a plus.
• Broad experience in crossfunctional teamwork across all organizational levels.
• Analytical skills to analyze information solve problems and make critical decisions with limited operational information.
• Ability to reengineer processes using analytical frameworks to streamline operations.
• Ability to work efficiently with minimal supervision managing competing priorities meeting supplier needs and attending to details.
• Proactive selfstarter with the ability to identify business improvement areas in various situations.
• Functional knowledge/expertise in problemsolving and payment resolution in the retail industry is preferred.
• Excellent communication and presentation skills both verbal and written.
• High proficiency in data retrieval manipulation calculation and analysis using ERP and Mainframe systems including Excel.

ACCOUNTS PAYABLE , MBA