Accounts Receivable and Payable Associate

Thruway Fasteners; Saint Johnsburg (NY); On-site; USD 28,000 - 30,000; Full time

Benefits offered by this job

Medical plan options

Dental and vision coverage

401k with employer match

Paid time off

Paid holidays

Job summary

Thruway Fasteners, Inc. is seeking an Accounts Receivable and Payable Associate to join our Buffalo-based finance team. The role handles both AR and AP duties in a full-time capacity, coordinating with branches and vendors to ensure accurate cash flow and timely payments.

Qualifications include an AAS in finance or accounting and at least two years of relevant experience. Proficiency in MS Office and attention to detail are essential for success in this role.

Qualifications

• Two years of accounting experience required.
• Accounts receivable experience preferred.
• Strong numerical and data-entry skills.

Responsibilities

• Process accounts and incoming payments in compliance with policies.
• Post and reconcile accounts receivable data.
• Prepare remittance data for electronic payments.
• Reconcile remittance data to invoices and resolve discrepancies.
• Support accounts payable processing and vendor invoicing.

Skills

Accounting knowledge

Data entry

English proficiency

Attention to detail

Numerical skills

Education

AAS in Finance/Accounting/Business Admin

Tools

NetSuite

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Accounts Receivable and Payable Associate

Full Time Clerical Branch 01 Buffalo, North Tonawanda, NY, US

3 days ago Requisition ID: 1470

Salary Range: $20.00 To $22.00 Hourly

Thruway Fasteners, Inc. is one of the leading distributors of industrial products, supplying hundreds of original equipment manufacturers in 40 states and 28 countries. We help customers increase efficiency, drive growth, and rapidly respond to unique business challenges and opportunities. Thruway utilizes custom technology applications and vast industry specific knowledge to develop unique and flexible product management solutions. Headquartered in North Tonawanda, NY, Thruway has six branch locations across New York, Pennsylvania, and Georgia.

POSITION SUMMARY

Accounts receivable duties include processing and monitoring incoming payments, ensuring accuracy and efficiency of operations and securing accurate cash balances by verifying and posting receipts. Working through customer portals to obtain payment data and follow up on open receivables. Accounts payable duties include helping organize vendor invoices as they come in from various sources, processing vendor invoices, using purchase order match where applicable, working to resolve discrepancies, reconciling vendor statements to Thruway's records.

ESSENTIAL FUNCTIONS

• Process accounts and incoming payments in compliance with financial policies and procedures
• Perform day-to-day financial transactions, including verifying, classifying, computing, posting and recording accounts receivable data
• Gather and organize remittance advice for electronic payments, including accessing from online customer portals
• Reconciliation of customer remittance advice data to Thruway invoices, including working with Thruway's branch staff to resolve discrepancies
• Daily reconciliation of cash receipts to system totals
• Work with Thruway's customer and operations team members to address customer credits, including cleanup and ongoing maintenance of outstanding credits
• Monthly preparation of Sales Tax Reports for NY and various other states
• Accounts payable invoice processing in accordance with company's specific procedures
• Other office tasks as requested

EDUCATION

• AAS degree in Finance, Accounting or Business Administration preferred

EXPERIENCE

• Require two (2) years' proven working experience as an accounting associate
  • Specific experience with accounts receivable is required. Accounts payable experience a plus

QUALIFICATIONS & COMPETENCIES

• Solid understanding of basic accounting principles, fair credit practices and collection regulations
• Proven ability to calculate, post and manage accounting figures and financial records
• Data entry skills along with an aptitude for numbers
• Experience with spreadsheets and accounting software, knowledge of NetSuite accounting software is a plus
• Proficiency in English and in MS Office
• Demonstrated ability to handle confidential and sensitive information with professionalism and discretion
• High degree of accuracy and attention to detail
• Excellent research and record-keeping skills
• Good verbal and written communication skills
• Strong math and computer knowledge so work is accurate and timely
• Possession of Valid Driver’s License and reliable transportation

WORK ENVIRONMENT

• Steady-pacedand flexible officeenvironment
• Estimated to be sitting 80% of time / standing and movement 20% of time
• Travel to local post office

WORK LOCATION

Job Type: Full Time/Open to Part-time (Flex)

Shift and Schedule: Monday to Friday; Day shift

Thruway Fasteners, Inc. offers a competitive and comprehensive benefit program with an employer contribution for eligible employees:

• Medical plan options including a Co-Pay plan and High-Deductible Healthcare plans
• Dental (including orthodontic coverage for dependents up to age 19)
• Vision plan with either Davis or VSP networks
• Company paid Basic Life, AD&DD and State Disability
• Health Savings Account (HSA)
• Voluntary life insurance
• Voluntary short-term and long-term disability
• Voluntary critical illness, accident insurance, theft & legal services, hospital indemnity
• Employee Assistance Program
• Paid Time Off
• Paid Holidays
• 401k retirement plan with employer match
• Employee Referral Program

Thruway Fasteners, Inc. is an Equal Opportunity Employer committed to engaging a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. The chosen candidate must successfully pass pre-employment background check and drug screen.