Staff Accountant 3

Luby's Inc.; Houston (TX); On-site; USD 70,000 - 90,000; Full time

Job summary

A leading restaurant group in Houston is seeking an experienced accounting professional to oversee accounts payable processes, manage the outsourced AR team, and implement process improvements. The ideal candidate will ensure timely payments, compliance with procurement policies, and foster collaboration across departments. This position offers the opportunity to drive efficiencies in accounting systems.

Responsibilities

• Determine and implement new AP processes within accounting system.
• Improve approval processes within new accounting system.
• Oversee outsourced AP team for timely payment runs.
• Audit vendor files and resolve discrepancies.
• Ensure compliance with company procurement policies.
• Act as liaison to resolve AP issues.
• Research and analyze service interruptions and implement corrections.
• Collaborate to streamline accounting processes.
• Manage end-to-end AR processes performed by outsourced team.
• Handle escalated collection issues and negotiate terms.
• Identify and implement process improvements in AR system.

Job description

Responsibilities

• Determine and implement new AP processes within accounting system to ensure accurate and timely posting of invoices in the accounting system. Routinely monitor and revise processes as needed.
• Improve approval processes within new accounting system to ensure timely payments and alignment with other company initiatives.
• Oversee the outsourced AP team to ensure the timely and accurate preparation of weekly payment runs (checks, ACH, and wires). Determine and implement any modifications as needed to outgoing payments.
• Audit vendor files, respond to vendor inquiries, and resolve discrepancies.
• Oversee the outsourced AP team subledger reconciliation process, which includes determining and implementing changes to the process as needed.
• Ensure compliance with company procurement policies, spending limits, and approval hierarchies.
• Act as liaison between the finance team and restaurant/general managers to resolve AP issues.
• Research and analyze causes of service interruptions; determine and implement corrective actions to the processes.
• Collaborate with operations teams and other stakeholders to streamline accounting processes and to maintain strong financial controls.
• Manage end-to-end AR processes performed by outsourced AR team, including billing, collections, cash applications, and reconciliations across multiple restaurants. Monitor processes and implement changes to create efficiencies.
• Handle escalated collection issues and negotiate payment terms with clients.
• Identify and implement process improvements and automation tools in AR system to ensure timely recognition of payments.

Equal Opportunity Employer
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