Accounts Payable Specialist

Arrow Search Partners; New York (NY); On-site; USD 60,000 - 70,000; Full time

Job summary

Arrow Search Partners is seeking an Accounts Payable Specialist in New York, NY. The successful candidate will manage invoice processing, maintain vendor records, and ensure compliance with financial policies.

Qualified applicants must have a Bachelor's degree and 3-5 years of experience in AP, preferably in financial services. The salary range for this position is $60,000-$70,000.

Qualifications

• 3-5 years of related Accounts Payable experience required.
• Experience in hedge fund, asset management, or related fields preferred.
• Strong understanding of invoice coding and payment controls.

Responsibilities

• Route invoices through approval workflows.
• Prepare and process payments including ACH and wires.
• Maintain vendor records including onboarding and tax documentation.

Skills

Accounts Payable Processes

Invoice Processing

PeopleSoft

Tax Documentation

Vendor Management

Education

Bachelor’s degree

Tools

PeopleSoft

Job description

About The Company

Our client is a global alternative investment management firm specializing in multi-strategy investments across credit, fixed income, and relative value markets. The firm partners primarily with institutional investors and is known for its diversified investment platform, risk-focused approach, and long-standing presence within the hedge fund industry.

Responsibilities

• Route invoices through approval workflows and follow up on outstanding approvals
• Prepare and process payments including ACH, wires, and checks
• Maintain vendor records including onboarding, tax documentation, and banking instructions
• Assist with expense allocations across departments, legal entities, or business units
• Reconcile vendor statements and resolve invoice discrepancies
• Assist with annual 1099 preparation and other tax-related vendor reporting
• Maintain organized AP files and supporting documentation for audit and compliance purposes
• Review invoices for proper approvals, coding, supporting documentation, and policy compliance

Requirements

• Bachelor’s degree required
• 3-5 years of related AP experience
• Experience in hedge fund, asset management, investment management, private equity, or financial services a plus
• Experience using PeopleSoft
• Strong understanding of AP processes, invoice coding, approvals, and payment controls
• Experience processing a high volume of invoices

Salary Range

$60,000-$70,000