AP Specialist

Job Description

To administer the global financial (non-product) intercompany payment & reconciliation processes. This role will ensure timely approval, invoicing, & payment processing for intercompany billing activities. Coordinates adherence of intercompany policies and procedures across all Greif entities.

Key Responsibilities

• Responsible for initiation of purchase orders for all financial (non-product) intercompany charge-outs and agreements, such as royalties, loans, and service fees (3rd party re-invoicing, employee charges, and transfer pricing agreements).
• Generates non-product related intercompany invoices and matches against approved purchase orders for payment.
• Follows up as outlined in escalation procedures on unapproved purchase order requests and unpaid invoices.
• Reconciles withholding tax deductions and accruals pertaining to intercompany transactions.
• Processes monthly accounts receivable confirmation statements for intercompany accounts.
• Researches and facilitates resolution of mismatches or aging balances between all intercompany accounts (receivables, payables, loans, and dividends)
• Ensures appropriate transfer pricing and service level agreements are in place prior to invoicing.
• Ensures invoicing procedures comply with intercompany / joint venture agreements.
• Performs monthly netting reconciliations. Works with Tax and CCD to resolve unpaid balances as necessary.
• Coordination of intercompany policies and procedures.
• Assist with internal & external audits pertaining to intercompany transactions.
• Takes appropriate action to timely resolve process bottlenecks.
• Maintains a cooperative problem solving relationship with internal business leaders.
• Facilitates monthly intercompany reporting on key metrics.
• Assistance with process improvement projects for the Business Service Center.
• Performs other duties as assigned.

Education and Experience

• Bachelors Degree or business equivalent preferred.

Knowledge and Skills

• Excellent communication and negotiation skills.
• Knowledge of computers and related business software programs MS Office products (Excel).
• Basic understanding of accounting principals and financial statements.
• Basic understanding of invoicing, accounts receivable, and accounts payable.

Job Type: Full-time

Pay: $40,000.00 - $50,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Ability to commute/relocate:

• Delaware, OH 43015: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Microsoft Excel: 1 year (Preferred)
• Accounts payable: 1 year (Required)

Work Location: Hybrid remote in Delaware, OH 43015

Salary : $40,000 - $50,000