Accounts Payable Clerk

X&

El Segundo (CA)

On-site

USD 55,000 - 75,000

Full time

7 days ago
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Job summary

X& Business Management (X&BM) is seeking an Accounts Payable Clerk for on-site work in Los Angeles to process and pay client bills accurately and on time. You will report to the Director, Business Management, and support Account Executives across client books.

Responsibilities include invoice intake, coding and approval, payment runs by check, ACH, and wire, vendor management, reconciliation, and year-end information returns.

Qualifications

  • 2+ years in accounts payable or bookkeeping.
  • Experience in a business-management firm, family office, or entertainment company is a plus.
  • Working knowledge of accounts-payable processes, vendor tax forms, and bank payment methods.
  • Accuracy and attention to detail.
  • Familiarity with accounting software.
  • Organization and reliability. Payment runs happen on schedule.
  • Clear, courteous communication with vendors and internal teams.
  • Absolute discretion and the highest ethical standards.

Responsibilities

  • Invoice intake from vendors and payments for every client.
  • Code and approve payables to correct entities and accounts.
  • Prepare and execute scheduled payment runs by check, ACH, and wire.
  • Maintain vendor records and respond to payment status questions.
  • Reconcile payables to bank activity and statements.
  • Support month-end close and year-end information returns.
  • Handle spending details of public figures with confidentiality.

Skills

Accounts payable
Attention to detail
Communication with vendors
Confidentiality
Organizational skills

Tools

Accounting software

Job description

Company Overview

X& Business Management (X&BM) is a business-management firm based in Los Angeles. Business management is the profession of running the entire financial life of a client: entertainers, athletes, founders, and cultural figures whose income arrives from many sources, flows through many entities, and touches many advisors. X&BM handles all of it: accounting, bill pay, cash management, payroll, royalty administration, insurance, and tax. The client gets one team, one set of numbers, and one trusted advisor who knows everything about their money and answers the phone when it matters. X&BM is built to deliver accuracy, speed, and discretion without compromise.

X&BM is the business-management arm of X&, a financial holding company dedicated to maximizing human potential by operating, investing in, and building businesses at the intersection of capital, influence, and technology. Through X&VC, X& backs exceptional founders and funds with institutional venture capital, global networks, brand support, and go-to-market expertise. X& draws on "Influential Capital," the combination of capital, distribution, access, and trust, to create advantages beyond traditional financing. The company is headquartered in Los Angeles and Tokyo and works alongside partner funds including Aoki Labs, BYL Ventures, HartBeat Ventures, and Markham Valley Ventures. For X&BM's clients, that means a business manager who sits inside a house with capital, deal flow, and relationships that a standalone firm cannot offer.

Company Description

X& Business Management (X&BM) is a business-management firm based in Los Angeles. Business management is the profession of running the entire financial life of a client: entertainers, athletes, founders, and cultural figures whose income arrives from many sources, flows through many entities, and touches many advisors. X&BM handles all of it: accounting, bill pay, cash management, payroll, royalty administration, insurance, and tax. The client gets one team, one set of numbers, and one trusted advisor who knows everything about their money and answers the phone when it matters. X&BM is built to deliver accuracy, speed, and discretion without compromise.

X&BM is the business-management arm of X&, a financial holding company dedicated to maximizing human potential by operating, investing in, and building businesses at the intersection of capital, influence, and technology. Through X&VC, X& backs exceptional founders and funds with institutional venture capital, global networks, brand support, and go-to-market expertise. X& draws on "Influential Capital," the combination of capital, distribution, access, and trust, to create advantages beyond traditional financing. The company is headquartered in Los Angeles and Tokyo and works alongside partner funds including Aoki Labs, BYL Ventures, HartBeat Ventures, and Markham Valley Ventures. For X&BM's clients, that means a business manager who sits inside a house with capital, deal flow, and relationships that a standalone firm cannot offer.

Role Description

The Accounts Payable Clerk processes and pays every bill for X&BM's clients, accurately and on time. This is a full-time, on-site role in Los Angeles, reporting to the Director, Business Management, and supporting the Account Executives across every client book.

Bill pay is the most frequent thing a client sees from X&BM, and it has to be right every time. That means:

  • Invoice intake. Receiving vendor invoices, household bills, credit-card statements, and payment requests for every client, capturing them in the accounting system, and routing them to the right client entity and account.
  • Coding and approval. Coding each payable to the correct entity, account, and category, and moving it through the client's approval workflow with the Account Executive.
  • Payment runs. Preparing and executing scheduled payment runs by check, ACH, and wire, following the firm's dual-control and approval limits without exception.
  • Vendor management. Maintaining vendor records, collecting tax forms, and handling vendor questions about payment status.
  • Reconciliation. Reconciling payables to bank activity and credit-card statements, resolving discrepancies, and supporting the monthly close.
  • Year-end. Preparing information returns for vendors and contractors and supporting the tax team's year-end work.
  • Discretion. Handling the spending details of public figures with complete confidentiality, every day, without exception.
Qualifications
  • Two or more years in accounts payable or bookkeeping. Experience in a business-management firm, family office, or entertainment company is a plus.
  • Working knowledge of accounts-payable processes, vendor tax forms, and bank payment methods.
  • Accuracy and attention to detail. The role handles client money every day.
  • Familiarity with accounting software.
  • Organization and reliability. Payment runs happen on schedule.
  • Clear, courteous communication with vendors and internal teams.
  • Absolute discretion and the highest ethical standards. X&BM's clients are public figures, and confidentiality is non-negotiable.
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