Accounts Payable Specialist – Banking & Automation

Servbank; Champaign (IL); On-site; USD 55,000 - 75,000; Full time

Job summary

Servbank in Champaign, IL is seeking an experienced Accounts Payable Specialist to manage vendor invoices, coding, workflows, and payments in a banking environment focused on accuracy and internal controls. The role supports month-end close, audits, and AP system enhancements, requiring 3–5 years of AP or general accounting experience and a Bachelor’s degree in Accounting or Finance.

Experience in a regulated financial institution is preferred, and the team emphasizes collaboration and process

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 3-5 years of accounts payable and/or general accounting experience.
• Experience within a bank, financial institution, or regulated industry preferred.
• Experience supporting system implementations or conversions is highly desirable.

Responsibilities

• Process vendor invoices and code to departments, cost centers, and general ledger accounts.
• Manage invoice workflow and approval routing processes.
• Maintain vendor master records, including new vendor setup, validation, and periodic review.
• Process ACH, wire, and check payments while ensuring adherence to internal controls.
• Research and resolve invoice discrepancies, payment issues, and vendor inquiries.
• Monitor aging reports and ensure timely payment of obligations.
• Perform monthly balance sheet reconciliations related to accounts payable.
• Assist with month-end, quarter-end, and year-end closing processes.
• Support annual financial statement audits and regulatory examinations through preparation of schedules and supporting documentation.
• Serve as a super user for AP systems and related accounting applications.
• Support the AP system migration, including: UAT, data validation and reconciliation, workflow design and optimization, training documentation and end-user support, post-implementation troubleshooting.
• Identify opportunities to automate manual processes and improve operational efficiency.
• Assist in the development and maintenance of AP policies, procedures, and internal controls.
• Support vendor management and third-party risk review processes.

Skills

Accounts payable experience

General accounting experience

Education

Bachelor’s degree in Accounting or Finance

Job description

Servbank in Champaign, IL is seeking an experienced Accounts Payable Specialist to manage vendor invoices, coding, workflows, and payments in a banking environment focused on accuracy and internal controls. The role supports month-end close, audits, and AP system enhancements, requiring 3–5 years of AP or general accounting experience and a Bachelor’s degree in Accounting or Finance.

Experience in a regulated financial institution is preferred, and the team emphasizes collaboration and process