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AP Associate

Cambridge, MA 02141

Posted: 01/14/2025 Employment Type: Contract Job Category: Accounting & Finance Job Number: 627831 Is job remote?: No Country: United States

Job Description


The AP Associate performs accounts payable duties for the AP team.  Responsibilities include:

Invoice Processing:
• Receives and reviews invoices for accuracy and completeness; codes (when applicable) and enter invoices into the accounting systems.
• Reviews and ensures necessary approvals are obtained per company policy.
• Processes incoming AP vouchers received from operations in a timely manner.

Payment Processing:
• Prepares and processes weekly check runs.
• Verifies payment terms and ensures compliance with vendor agreements.

Vendor Management:
• Develops and maintains positive relationships with vendors.
• Addresses and resolves vendor inquiries in a timely manner.
• Conducts vendor statement reconciliations as needed.

Expense Report Processing:
• Reviews and processes employee expense reports.
• Ensures compliance with company expense policies.
• Assists in month-end closing activities related to accounts payable including month-end reconciliations.
• Assists in reviewing month end aging reports, reconciling to vendor statements, and resolving any discrepancies as needed.

Process Improvement:
• Identifies opportunities for process improvement and automation. Collaborates with the Accounts Payable team to implement initiatives where possible.

Knowledge & Skills:
• Knowledge of accounts payable procedures and practices
• Organizational, prioritizing and communication skills.
• Ability to perform basic mathematical functions.
• Attention to detail.
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