Accounts Payable Specialist

Burk Royalty Co., LTD.; Texas; On-site; USD 45,000 - 65,000; Full time

Benefits offered by this job

Standard benefits

Job summary

Burk Royalty Co., LTD. is seeking an Accounts Payable Specialist to manage vendor invoices, ensure accurate coding, and maintain compliant records. The ideal candidate has strong accounting knowledge, excels in Excel, and can work in a fast-paced environment.

You will onboard vendors, resolve payment discrepancies, assist with payments and JIB allocations, and collaborate with Operations and Accounting to streamline processes while staying up to date with regulatory changes.

Qualifications

• Strong knowledge of accounting principles and practices.
• Proficiency in accounting software and Microsoft Excel.
• Excellent attention to detail and organizational skills.
• Effective communication and interpersonal skills.

Responsibilities

• Review vendor invoices for accuracy, proper coding, and adherence to policies.
• Assist in onboarding new vendors, verify documentation and W-9 forms.
• Maintain positive vendor relationships and resolve payment discrepancies.
• Support payment processing duties and JIB allocations as needed.
• Maintain organized records of tax and supplier compliance forms and related docs.
• Ensure compliance with accounting policies and regulations.
• Collaborate with Operations and Accounting to streamline AP processes.

Skills

Accounting knowledge

Attention to detail

Organizational skills

Communication skills

Deadline oriented

Education

Associate or Bachelor's degree in accounting

Tools

Microsoft Excel

Open Invoice software

Accounting software

Job description

The Accounts Payable Specialist will manage the company's financial transactions by accurately reviewing and coding vendor invoices. The candidate will have a strong understanding of accounting principles, excellent organizational skills, and a commitment to maintaining accurate and efficient accounts payable processes.

Accounts Payable Specialist Job Duties:

• Invoice Review: Review vendor invoices, ensuring accuracy, proper coding, and adherence to company policies and procedures.
• Vendor Onboarding: Assist in onboarding new vendors, including verification of documentation, W-9 forms, and setting up vendor accounts in the system.
• Vendor Management: Maintain positive relationships with vendors and resolve invoices or payment discrepancies. Communicate with vendors regarding payment status and inquiries.
• Payment Process: Support payment processing duties, as needed
• JIB Allocations: Support routine allocation processes, as needed
• Recordkeeping: Maintain organized and up-to-date records of tax & supplier compliance forms, risk management documentation, payments, and related documentation. Ensure proper filing and documentation for auditing purposes.
• Compliance: Ensure compliance with accounting policies, procedures, and relevant regulations. Stay informed about changes in accounting standards and implement necessary adjustments.
• Team Collaboration: Collaborate with internal teams, including Operations and Accounting to resolve issues and streamline accounts payable processes

Required Skills/Abilities:

• Strong knowledge of accounting principles and practices
• Proficiency in accounting software and Microsoft Excel
• Excellent attention to detail and organizational skills
• Effective communication and interpersonal skills
• Ability to meet deadlines and work in a fast-paced environment

Preferred Skills/Abilities:

• Experience in Oil & Gas accounting
• Experience in JIB accounting
• Experience with Open Invoice software

Education and Experience:

• Proven experience as an Accounts Payable Specialist or in a similar role
• Preferred - Associates/Bachelor's degree in accounting, Finance, or a related field

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer
• Must be able to lift up to 15 pounds at times

Paid salary at market rate for region, position, and experience

Enrollment in BRC's Standard Benefits (Medical / Dental / Vision / PTO / 401k / Disability / etc.) For more information on BRC's standard benefits please contact [e-mail]