Sr. Accounts Payable Analyst

New York Power Authority; City of White Plains (NY); On-site; USD 74,000 - 103,000; Full time

Job summary

An established industry player seeks a Senior Accounts Payable Analyst to oversee financial obligations and ensure compliance with accounts payable processes. In this role, you will manage invoice processing, vendor payments, and financial reporting while collaborating with various departments to enhance operational efficiency. The position offers an opportunity to contribute to automated technology solutions and reengineer financial processes in a diverse and inclusive work environment. If you possess a strong background in accounts payable and are eager to make a significant impact, this role is perfect for you.

Qualifications

• 4 years in Accounts Payable preferred with a Bachelor's Degree.
• 6 years in Accounts Payable preferred with an Associate's Degree.

Responsibilities

• Administer and design accounts payable processes ensuring compliance.
• Process, verify, and post invoices, overseeing payment processing.

Skills

Invoice Processing

Data Analysis

Communication Skills

Accounts Payable Knowledge

Microsoft Applications

ERP System Experience

Education

Bachelor’s Degree

Associate's Degree

Tools

SAP Business Intelligence

Fully Computerized Financial System

Job description

The Accounts Payable team is tasked with overseeing NYPA's financial obligations. Their primary responsibilities encompass processing and validating invoices, executing vendor payments, maintaining precise financial records, ensuring adherence to policies and regulations, reconciling accounts, generating comprehensive reports, managing expenses, and supporting audit processes.

The Senior Accounts Payable Analyst is responsible for administering and designing accounts payable processes, ensuring compliance across all activities. This includes invoice generation and verification, payment authorization and processing, ledger reconciliation, credit approval verification, adherence to payment terms, and conducting detailed reporting and analytics.

Responsibilities

• Thorough understanding of Accounts Payable/Billing E2E processes and procedures, ensuring the timely and accurate invoicing of customers and providing payment to vendors in accordance with negotiated contracts, policies, and procedures.
• Analyze data to prepare regularly scheduled and specialized billing/AP reports, analyses, and statements for management review; review and analyze statistical reports individual customer groupings.
• Assist with the preparation of monthly, quarterly, and annual reports using SAP Business Intelligence or any other ERP system.
• Take full ownership of processing, verifying, and posting invoices from vendors, and oversee payment processing for all sites.
• Lead and coordinate with responsible departments for outstanding invoice approval requests, resolving complex workflow errors related to travel expenses.
• Oversee and conduct payment run/billing operations and validations.
• Assist in preparing and issuing annual 1099’s for vendors.
• Support decision-making across the company to develop and implement automated technology solutions and assist in reengineering financial and shared services processes.
• Assist with Foil request preparation.

Knowledge, Skills and Abilities

• Ability to process invoices in a corporate environment.
• Effective oral and written communication skills to interact effectively with all levels of organization internally and external customers.
• Working knowledge and experience in using a fully computerized Financial System.
• Knowledge of Accounts Payable/Billing processes and procedures.
• Possess advanced skills in PC and Microsoft applications.
• Proficient in using a fully computerized Financial System.
• Experience with an ERP system and any SaaS payment solutions.

Education, Experience and Certifications

• Bachelor’s Degree
• 4 years working in an Accounts Payable role preferred.

OR

• Associate's Degree
• 6 years working in an Accounts Payable role preferred.

Additionally:

• Experience with a fully computerized Accounts Payable System (preferably SAP) preferred.

Physical Requirements

Limited travel (about 10%) required primarily to our generating facilities.

The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $74,340.00 - $102,220.00. The salary offered will be determined based on the successful candidates’ relevant experience, knowledge, skills, and abilities.

The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law.

NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates’ disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns. To request an accommodation, please email [e-mail].

Nearest Major Market: White Plains
Nearest Secondary Market: New York City