Accounts Payable (AP) Specialist

Focus Financial Partners; Village of New Hyde Park (NY); On-site; USD 55,000 - 65,000; Full time

Job summary

An established industry player is looking for a detail-oriented AP Specialist to manage outgoing payments and vendor invoices. This role is crucial for ensuring financial accuracy and compliance with regulations while maintaining strong vendor relationships. The ideal candidate will possess a solid understanding of accounts payable practices and general accounting principles, along with strong analytical and organizational skills. Join a leading partnership in fiduciary wealth management, where your contributions will support financial services for individuals and institutions alike. This is an exciting opportunity to grow within a dynamic team and make a significant impact in the financial sector.

Qualifications

• Strong knowledge of AP processes and financial controls.
• High level of discretion in handling sensitive data.

Responsibilities

• Manage and execute outgoing payments and vendor invoices.
• Reconcile payments and maintain accurate accounts payable records.
• Assist in month-end closing with journal entries and AP aging reports.

Skills

Accounts Payable Practices

General Accounting Principles

Analytical Skills

Organizational Skills

Problem-Solving Skills

Attention to Detail

Education

Bachelor's Degree in Accounting

Bachelor's Degree in Finance

Bachelor's Degree in Business

Tools

Microsoft Excel

Accounting/ERP Systems

Concur

Job description

Position Summary

Focus Financial Partners is seeking a detail-oriented AP Specialist. This resource is responsible for managing and executing the company's outgoing payments, ensuring the timely and accurate processing of vendor invoices, expense reports, and purchase orders. This role supports financial accuracy, maintains strong vendor relationships, and ensures compliance with internal controls and external regulations.

Primary Responsibilities

• Review, code, and process vendor invoices, ensuring proper approvals and documentation.
• Reconcile processed payments by verifying entries and comparing system reports to balances.
• Manage weekly check runs, ACH payments, and wire transfers.
• Communicate with vendors and internal departments to resolve invoice discrepancies and payment issues.
• Maintain accurate accounts payable records and vendor files.
• Assist in month-end closing by preparing journal entries and AP aging reports.
• Ensure compliance with company policies, SOX requirements, and applicable tax laws (e.g., 1099 reporting).

Qualifications

• Knowledge of accounts payable practices and general accounting principles.
• Strong knowledge of AP processes, GAAP, and financial controls.
• Strong analytical, organizational, and problem-solving skills.
• Proficiency with accounting/ERP systems and Microsoft Excel.
• Experience with Concur is a plus
• High level of discretion and attention to detail when handling sensitive data.
• Bachelor’s degree in accounting, Finance, Business, or a related field preferred.

About Focus Financial Partners

Focus is a leading partnership of fiduciary wealth management and related financial services firms. Focus provides access to best practices, greater resources, and continuity planning for its affiliated advisory firms, which serve individuals, families, employers, and institutions with comprehensive financial services. Focus firms and their clients benefit from the solutions, synergies, scale, economics, and best practices offered by Focus to achieve their business objectives. For more information about Focus, please visitwww.focusfinancialpartners.com.

The annualized base pay range for this role is expected to be between $55,000-$65,000. Actual base pay could vary based on factors including but not limited to experience, subject matter expertise, geographic location where work will be performed, and the applicant's skill set. The base pay is just one component of the total compensation package for employees. Other rewards may include an annual cash bonus and a comprehensive benefits package.

#LI-CH1