Accounts Payable Specialist

TRANZACT; Fort Lee (NJ); On-site; USD 45,000 - 55,000; Full time

Benefits offered by this job

Health benefits

Dental

Vision

HSA

Paid holidays

Paid time off

Job summary

TRANZACT is seeking an Accounts Payable Specialist to manage full-cycle AP duties for designated invoice categories. You will ensure accurate coding, support month-end close, and collaborate with Procurement and Finance to optimize processes.

The role requires a Bachelor’s degree in accounting, 3+ years of AP experience, and strong Excel skills. NetSuite experience is a plus; excellent communication with vendors and internal teams is essential.

Qualifications

• Bachelor’s degree in accounting required.
• Independent work style with ability to manage multiple priorities.
• Detail-oriented with strong organizational and problem-solving skills.
• Experience with NetSuite a plus; proficiency in Excel required.
• Excellent verbal and written communication with vendors and teams.
• Ability to collaborate across departments to resolve issues and improve processes.
• 3+ years of accounts payable or accounting experience.

Responsibilities

• Process the full cycle of vendor invoices with accurate coding.
• Record prepaid and amortized expense schedules via journal entries.
• Oversee vendor onboarding and ensure compliance with requirements.
• Research and resolve invoice discrepancies and vendor inquiries promptly.
• Reconcile assigned balance sheet accounts monthly.
• Assist with monthly close activities and financial reporting.

Skills

Detail-oriented

Independent worker

Organizational skills

Cross-functional collaboration

Deadline-driven

Education

Bachelor’s degree in accounting

Tools

NetSuite

Excel

Job description

TRANZACT is a leading direct-to-consumer insurance services business, specializing in the distribution of Medicare Advantage, Medicare Supplement and Life & Supplemental insurance policies. Our focus is on leveraging our highly skilled team of over 3,000 professionals to deliver innovative solutions for our insurance carrier partners and provide consumers with a best-in-class experience.

We work with some of America’s largest insurance brands to attract, educate and connect with consumers. Our diverse team of analysts, writers, engineers, designers, business leads, data scientists and sales professionals all work together to create thoughtful, data-driven and effective marketing, technology, sales and servicing strategies. These efforts have resulted in TRANZACT earning recognition and winning awards from some of the biggest names in the industry.

When you become part of TRANZACT, you join a team of passionate people who push for excellence, follow through on commitments, and love to succeed together. Our culture rests on a simple principle – “Be Real” – that means being genuine, keeping your word, and having the courage to make tough decisions. Our “Be Real” values resonate and are meaningful to us. We are entrepreneurial, fast paced and empower our people. We know how to make things happen and know that our people are always the source of our success.

How The Position Works

We are seeking a detailed-oriented and experienced Accounts Payable Specialist to join our accounting team. The ideal candidate will be responsible for overseeing and performing the full cycle of accounts payable functions for certain categories of invoices, ensuring accuracy, timeliness, and compliance with company policies and accounting standards. The ideal candidate will help to maintain accurate AP related financial records, and support month end close.

The Specific Responsibilities Include

• Process the full cycle of vendor invoices, ensuring accuracy and proper coding
• Record and track prepaid and amortized expense schedules via journal entries
• Responsible for vendor onboarding process, ensuring all necessary documentation is collected, and vendors are compliant with company requirements
• Research and resolve invoice discrepancies and vendor inquiries promptly
• Reconcile assigned balance sheet accounts each month
• Assist with monthly close activities and support financial reporting
• Partner with Procurement, Finance, and other departments to improve processes and resolve issues
• Support audits by providing documentation and responding to auditor requests
• Maintain organized and accurate AP documentation in compliance with internal controls
• Collaborate with cross-functional teams to improve AP processes and workflow efficiency

What You Need To Be Successful

• Bachelor’s degree in accounting
• Ability to work independently, manage multiple priorities, and meet deadlines
• Detail-oriented with excellent organizational and problem-solving skills
• Experience working with NetSuite a plus
• Proficiency in Microsoft Excel (pivot tables, VLOOKUPs)
• Excellent verbal and written communication skills to work effectively with vendors, other departments, and internal teams
• Demonstrated ability to work cross-functionally with other departments to resolve issues and improve processes
• Proven ability to manage multiple tasks and meet deadlines in a fast-paced environment.
• 3+ years of accounts payable or accounting experience

Compensation And Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation.

Compensation

The base salary compensation being offered for this role is $50,000 and above based on experience.

This role is also eligible to participate in the annual bonus program.

Company Benefits

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)

TRANZACT is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Equal Opportunity Employer/Disability/Vet