Accounts Payable Associate I

Banesco USA; Miami (FL); Hybrid; USD 40,000 - 54,000; Full time

Benefits offered by this job

PTO

Hybrid Work Model (remote and on-site)

Tuition Reimbursement

401k

Life Insurance

Supplemental Insurances

Short-Term & Long-Term Disability

Job summary

Banesco USA in Miami, FL is seeking an Accounts Payable Associate to join our Accounting Business Unit. You will process invoices, manage AP checks and deposits, and ensure proper authorization for expenses.

The role requires bilingual English/Spanish, 2 years in banking or accounting, and strong accuracy. Hybrid work model and comprehensive benefits are offered.

Qualifications

• High school diploma or equivalent.
• Two years of experience in banking or accounting.
• Advanced skills in Microsoft Office (Word, Excel, PowerPoint).
• Bilingual in English and Spanish; fluent reading, writing, and spoken.
• Strong communication, attention to detail, and multitasking.
• Knowledge of basic accounting principles and compliance.
• Hybrid work model: remote and on-site.
• PTO and comprehensive benefits.

Responsibilities

• Process invoices for the bank in Banktel System (Ascend).
• Process AP checks, ACH & Direct Deposits with proper signatures.
• Verify invoices are authorized per expense guidelines.
• Forward new contracts/leases for input in AP system.
• Distribute mail and order supplies for Accounting, Finance & Treasury.
• Post GL entries and prepare monthly uploads to Synergy.
• Prepare entries related to bank charges.
• Balance petty cash monthly for Coral Gables and PR branches.
• Maintain filing and record retention inventory.
• Review monthly prepaids and send confirmations.
• Assist with Use Tax Provision and PR backup withholding monthly.
• Assist with 1099 and 1042 forms annually.
• Update AP procedures manual and support supervisor.
• Complete annual training and other duties as assigned.

Skills

Bilingual English/Spanish

Education

High school diploma or equivalent

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Accounts Payable Associate I

Full-Time Non-Exempt Miami, FL, US

4 days ago Requisition ID: 1709

Job Title

Accounts Payable Associate

Banesco USA is seeking an Accounts Payable Associate for our Accounting Business Unit.

Primary Job Duties

• Responsible for processing invoices for the bank in Banktel System (Ascend).
• Responsible for processing the accounts payable checks, ACH & Direct Deposits ensuring signatures are obtain from authorized officer, copies are kept in the file and check are mailed to vendors on a timely basis.
• Investigate, Review, and ensure all Accounts Payable invoices are properly authorized in accordance with the expense guidelines.
• Ensures that any new contract/leases etc., are forwarded for input in Accounts Payable system.
• Responsible for the distribution of the mail and ordering supplies for the Accounting, Finance & Treasury departments.
• Post general ledger entries for the Accounting, Finance & Treasury departments and reviews the report on the next day for accuracy and completeness as well as obtaining approval signature from the authorized accounting officer and prepare portfolio to upload into Synergy on a monthly basis.
• Responsible for preparing entries related to bank charges.
• Balance the Petty Cash monthly, record any expenses and replenish funds for Coral Gables and Puerto Rico Branch.
• Responsible for the filling and the record retention inventory.
• Review monthly prepaids report for items to expire and send email confirmations.
• Assists with the preparation and transmission of Use Tax Provision monthly.
• Assists with the Puerto Rico back-up withholding (vendors/customers) monthly.
• Assists the department in preparing the 1099 Miscellaneous and 1042 S Tax Forms annually.
• Assists in updating procedures manual for the accounts payable area.
• Assists the Accounting Supervisor, as necessary
• Responsible for completing annual training program assigned.
• Performs other functions and /or duties as assigned.

Job Requirements

• Education: High school diploma or equivalent experience.
• Experience: Two (2) years of experience in the Banking industry or in the Accounting field.
• Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)
• Must be bilingual in both English and Spanish. Ability to fluently speak, understand, read and write both languages.
• Strong verbal and written communication skills, ability to communicate at all levels of the organization.
• Strong attention to detail and accuracy.
• Ability to multi-task, with strong organization, time-management and prioritizing skills.
• Strong customer service skills, ensuring satisfaction of internal customers.
• Basic Intermediate knowledge of accounting principles, budgeting, and accounting related functions.
• Basic knowledge of related State and Federal banking compliance regulations and operational policies.
• Ability to understand and comprehend instructions, procedures and policies ensuring compliance with the Bank’s policies and procedures.
• Problem solving and analytical skills in order to identify problems.
• PTO
• Hybrid Work Model (remote and on-site work)
• Tuition Reimbursement.
• 401k
• Life Insurance
• Supplemental Insurances
• Short-Term & Long-Term Disability

About Us

Banesco USA is part of Banesco International, a worldwide group of financial institutions with a presence in 15 countries.

As a corporation in continuous evolution, we promote the ongoing professional and personal development of our employees, by embracing challenges and adapting to the changing environment of today’s world. We aim to develop integral human beings, committed to making a difference at the workplace and out in the world.

Our actions are rooted in our Values: Reliability, Responsibility, Quality, and Innovation. We believe that we all have the same ability to transform our daily tasks into significant contributions, and therefore, Leave Our Mark.

At Banesco USA, one of our most valued assets is our enthusiastic team, which strives every day to create a world-class organization in an ever-changing world. Together, our team has made us a market leader and we invite you to join us.