Accounts Payable Accountant

Iroquois Federal; Savoy (IL); On-site; USD 55,000 - 60,000; Full time

Job summary

Servbank is seeking a detail-oriented Accounts Payable Specialist at our Savoy, IL office. You will process invoices, code expenses, manage payments, and support month-end close with balance sheet reconciliations.

Ideal candidates have 3–5 years of AP or general accounting experience, preferably in banking or regulated industries, and a Bachelor’s degree in Accounting or Finance. Join our team to enhance internal controls and drive efficiency.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 3-5 years of accounts payable and/or general accounting experience.
• Experience within a bank, financial institution, or regulated industry preferred.
• Experience supporting system implementations or conversions is highly desirable.

Responsibilities

• Process vendor invoices and review for compliance with company policies.
• Ensure invoices are appropriately coded to departments, cost centers, and general ledger accounts.
• Manage invoice workflow and approval routing processes.
• Maintain vendor master records, including new vendor setup, validation, and periodic review.
• Process ACH, wire, and check payments while ensuring adherence to internal controls.
• Research and resolve invoice discrepancies, payment issues, and vendor inquiries.
• Monitor aging reports and ensure timely payment of obligations.
• Perform monthly balance sheet reconciliations related to accounts payable

Education

Bachelor’s degree in Accounting, Finance, or related field

Job description

Job Type

Full-time

Description

About Servbank:

Founded in 1994, Servbank is a banking institution with local roots and national reach. We were built on a foundation of community-orientation, which ensures that no matter who we serve, we do so with the human touch that marks the gold standard of service.

With the addition of Iroquois Federal, founded in 1883 and deeply rooted in Midwest communities, we combine over a century of relationship-based banking with innovative, technology-driven solutions.

We work with individuals, businesses, and communities, so that whether you’re a student, a homeowner, a small business owner, or a community leader, we can help you fulfill your goals. Come create excellence with Servbank.

Requirements

Essential Duties and Responsibilities

• Process vendor invoices and review for compliance with company policies.
• Ensure invoices are appropriately coded to departments, cost centers, and general ledger accounts.
• Manage invoice workflow and approval routing processes.
• Maintain vendor master records, including new vendor setup, validation, and periodic review.
• Process ACH, wire, and check payments while ensuring adherence to internal controls.
• Research and resolve invoice discrepancies, payment issues, and vendor inquiries.
• Monitor aging reports and ensure timely payment of obligations.
• Perform monthly balance sheet reconciliations related to accounts payable
• Assist with month-end, quarter-end, and year-end closing processes.
• Support annual financial statement audits and regulatory examinations through preparation of schedules and supporting documentation.
• Serve as a super user for AP systems and related accounting applications.
• Support the AP system migration, including:
• User acceptance testing (UAT)
• Data validation and reconciliation
• Workflow design and optimization
• Training documentation and end-user support
• Post-implementation troubleshooting
• Identify opportunities to automate manual processes and improve operational efficiency.
• Assist in the development and maintenance of AP policies, procedures, and internal controls.
• Support vendor management and third-party risk review processes.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 3-5 years of accounts payable and/or general accounting experience.
• Experience within a bank, financial institution, or regulated industry preferred.
• Experience supporting system implementations or conversions is highly desirable.

EEO Statement

We’re an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

Salary Description

$54.8k to $60k