Specialist, Accounts Payable
Share Our Purpose. Be Yourself. Feel Valued. People are the heart of our business. As an American Water employee, you will be offered a competitive salary and health benefits package, along with opportunities to develop, grow, and evolve your career. Our benefits packages focus on key areas such as health & wellness, emotional & well-being, and savings for current & future goals. We are Beautifully Different. We strongly believe having diversity across our company makes us more successful and helps us provide essential services to our customers. We are stronger because we embrace different ideas, viewpoints, experiences, and backgrounds. American Water is the best choice for your next role! Click here for more information on our inclusion, diversity, and equity journey. About American Water American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people across 14 regulated jurisdictions and 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. As one of the fastest growing utilities in the U.S., American Water expects to invest $30 to $34 billion in infrastructure repairs and replacement, system resiliency and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce and strengthening communities. American Water has been recognized on the 2023 Bloomberg Gender-Equality Indexfor the fifth consecutive year, ranked 18th on Barron’s 100 Most Sustainable U.S. Companies 2023 List, earned the U.S. Department of Homeland Security SAFETY Act designation and U.S. Environmental Protection Agency’s WaterSense® Excellence Award, among additional state, local and national recognitions. For more information, visit amwater.com and join American Water on LinkedIn, Facebook, Twitter and Instagram. Primary Role The Accounts Payable Analyst is responsible for the processing accuracy, timeliness, and compliance of transactions. Transactions include, but are not limited to: invoices, credit memos, check requests, supplier chargebacks, travel and expense reimbursements, purchasing card, and unclaimed property. This responsibility includes, but is not limited to: validating transactions, reconciling general ledger accounts, posting correcting and adjusting journal entries, and with providing issue analysis and workflow status resolution. Assist with ensuring all of Accounts Payable’s transactions are processed in accordance with USGAAP, SOX, regulatory and tax policies, and internal policy and procedures. Deliver excellent customer service to Accounts Payable’s internal clients and external customers. Perform other assigned Accounts Payable tasks under the direction of Accounts Payable management.Importat Information Posted range is $55,700-62,000 The base salary range represents a good faith salary range for this position. This position is eligible for annual incentive pay and has the opportunity for continued salary growth. If you are hired at American Water your base salary compensation will be determined based on factors such as market, geography, skills, education and/or experience. At American Water, we are committed to pay equity. This position may be eligible for annual incentive pay and you will have the opportunity for continued salary growth. In addition to compensation, you will be offered a comprehensive benefits package including 401(k), Defined Contribution Plan, Employee Stock Purchase Plan, medical, prescription, dental and vision coverage, plus disability, paid time off, life insurance, voluntary benefits, health and wellness programs and much more! American Water is also proud to offer employees learning opportunities and work experiences to grow professionally! In addition to compensation, you will be offered a comprehensive benefits package including 401(k),Defined Contribution Plan, Employee Stock Purchase Plan, medical, prescription, dental and vision coverage, plus disability, paid time off, life insurance, voluntary benefits, health and wellness programs and much more! American Water is also proud to offer employees learning opportunities and work experiences to grow professionally! Key Accountabilities
- Monitor aging PTP transactions in workflow and troubleshoot
- Validate transactions are processed in accordance with USGAAP, SOX, regulatory and tax policies, and internal policy and procedures.
- Reconcile sub ledger account activity to the general leger.
- Process correcting journal entries.
- Address, resolve, and/or escalate supplier/customer inquiries
- Identify and correct duplicate invoices and payments Analyze vendor statements
- Assist with training of internal clients and external customers.
- Assist with month end closing, by calculating accruals, preparing journal entries and performing miscellaneous A/P reconciliations as requestedKnowledge/Skills
- Must be detail oriented with the ability to demonstrate a high degree of accuracy
- Must have the ability to solve challenging AP issues by analyzing problems that arise in the day-to-day processing of invoices or correct prior erroneously posted documents
- Must have strong organization skills, including ability to multi-task, and prioritize in a fast paced environment
- Strong written and verbal communication
- Must have the ability to interact diplomatically and respectfully with co-workers, customers, and department management
- Strong knowledge of Accounts Payable’s processes and best practices Strong knowledge and use of Microsoft Office tools (MS Office, Lotus Notes, etc.)
- Strong experience with Accounts Payable software/systems.Experience/Education
- Relevant business Bachelor’s degree
- Minimum two years prior job related experience preferred or a relevant business degree.
- Utilities industry or shared services experience a plus
- SAP, Great Plains, Open Text, or ImageNow experience a plus Unclaimed property software – Tracker a plus
- 3-way match invoice resolution a plus 1099 tax from experience a plus
- Travel and expense reimbursement or purchasingWork Environment
- Hybrid work schedule 3 days in the office 2 days offsite.CompetenciesChampions safetyCollaboratesCultivates innovationCustomer obsessedDrives ResultsNimble learning
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