Accounts Payable Specialist: Payments, Automation & Systems

Socket.dev; Champaign (IL); On-site; USD 42,000 - 64,000; Full time

Job summary

Servbank in Champaign, IL seeks an experienced Accounts Payable Specialist to join its finance team. You will process vendor invoices, ensure proper coding, manage payments, and support month-end close and audits.

The role requires 3–5 years of AP or general accounting experience, a Bachelor's degree in Accounting or Finance, and banking or regulated-industry experience is preferred. You will drive process improvements and AP system enhancements.

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 review for compliance with company policies.
• Ensure invoices are coded 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, workflow design, training documentation, and 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.

Education

Bachelor’s degree in Accounting, Finance, or related field

Job description

Servbank in Champaign, IL seeks an experienced Accounts Payable Specialist to join its finance team. You will process vendor invoices, ensure proper coding, manage payments, and support month-end close and audits.

The role requires 3–5 years of AP or general accounting experience, a Bachelor's degree in Accounting or Finance, and banking or regulated-industry experience is preferred. You will drive process improvements and AP system enhancements.