IT Cost Accountant - Basware p2p- remote

NOTICE- Any pay ranges displayed are estimations. Actual pay is determined by an applicant's experience, technical expertise, and other qualifications as listed in the job description. All qualified applicants are welcome to apply.

As an IT Cost Accounting Specialist, you will be responsible for the timely preparation of invoices for payment and proper financial record keeping of IT and Market Data expenses. Responsibilities include invoice processing, cost allocation validation, maintenance accruals, vendor relationship management, data analysis, and reporting.

This position offers the opportunity to interact with colleagues from other departments and jurisdictions. We seek someone who is driven to get things done, is deadline driven, takes pride in being attentive to detail and has good communication skills. To be successful in this role it is necessary to excel at establishing strong relations with Project Managers, Market Data team, Controllers, and vendors.

Key Responsibilities

Invoice Processing

• Review incoming invoices to identify expenses for payment.
• Reference the forecast of budgeted and unbudgeted IT expenses.
• Proactively conduct outreach to Project Managers to complete the required approval data set.
• Update records in the application based on pre-defined control checks.
• Process invoices for downstream payment per documented procedures.
• Assist with payment and expense inquiries.

Financial Recordkeeping

• Review future expenses and establish accruals per documented procedures.
• Track and monitor approved invoices versus accruals and make applicable accrual reversals.

Controls and Reporting

• Track, monitor and maintain aged invoices and accruals per stated protocols.
• Adhere to daily, weekly, or monthly standards for invoice and financial recordkeeping.
• Maintain, prepare, and deliver statistics and underlying data to support team reporting and metrics.
• Proactively escalate issues or challenges to Manager for resolution

Knowledge, Skills, Abilities

• Knowledge of purchase to payment process is ideal but not necessary.
• 2 years of professional experience including data entry and inquiry management experience
• Intermediate Microsoft Excel proficiency
• Aptitude for accuracy and organization
• Ability to work with business users and systems personnel in a collaborative manner.