Accounts Payable

About the role

As an Accounts Payable professional at Bamboohr, you will play a crucial role in managing the financial transactions that keep our operations running smoothly. This position is designed for individuals who are detail-oriented and possess a strong understanding of accounting principles. You will be responsible for processing invoices, managing vendor relationships, and ensuring timely payments, all while adhering to company policies and procedures. Your contributions will directly impact our financial health and operational efficiency.

Key facts

What you'll do

• Process and verify invoices from various vendors, ensuring accuracy and compliance with company policies.
• Maintain organized records of all accounts payable transactions, including invoices, payment receipts, and vendor communications.
• Collaborate with internal departments to resolve discrepancies and answer queries related to invoices and payments.
• Prepare and execute payment runs, ensuring that all payments are made in a timely manner to maintain positive vendor relationships.
• Assist in the month-end closing process by reconciling accounts payable transactions and preparing necessary reports.
• Monitor and manage vendor accounts, including setting up new vendors and maintaining accurate vendor information in the accounting system.
• Conduct regular audits of accounts payable processes to identify areas for improvement and implement best practices.
• Support the finance team in preparing budgets and forecasts by providing accurate accounts payable data.
• Stay updated on industry trends and regulatory changes that may affect accounts payable processes.
• Participate in training and development opportunities to enhance your skills and knowledge in accounts payable and finance.
• Assist in the implementation of new accounting software or systems as needed to improve efficiency.
• Provide excellent customer service to vendors and internal stakeholders, fostering strong working relationships.

Requirements

• A minimum of 2 years of experience in accounts payable or a related financial role.
• Proficiency in accounting software and Microsoft Excel; experience with [specific software used by Bamboohr] is a plus.
• Strong understanding of accounting principles and practices, particularly in relation to accounts payable.
• Excellent attention to detail and accuracy in data entry and financial reporting.
• Strong organizational skills with the ability to manage multiple tasks and meet deadlines.
• Effective communication skills, both written and verbal, to interact with vendors and internal teams.
• Ability to work independently as well as collaboratively within a team environment.
• Problem-solving skills to address discrepancies and improve processes.
• A degree in accounting, finance, or a related field is preferred but not mandatory.

Nice to have

• Experience in the construction industry or familiarity with construction accounting practices.
• Knowledge of tax regulations and compliance related to accounts payable.
• Certification in accounts payable or related financial certifications (e.g., AP certification).
• Familiarity with project management software and tools used in the construction sector.
• Experience with electronic invoicing and payment systems.

Skills & tools

• Proficient in accounting software (e.g., QuickBooks, Sage, or similar).
• Strong skills in Microsoft Office Suite, particularly Excel for data analysis and reporting.
• Familiarity with electronic payment systems and invoicing platforms.
• Ability to adapt to new technologies and software as needed.
• Strong analytical skills for financial data interpretation.

Practical notes

• This position is based in Ames, Iowa, and requires the ability to work full-time hours.
• Candidates must be eligible to work in the United States; visa sponsorship is available for qualified individuals.
• Bamboohr values diversity and encourages applications from all qualified candidates.
• The role may require occasional overtime during peak periods or month-end closing.
• Professional development opportunities may be available to enhance your career growth within the company.

Join Bamboohr and be a part of a dynamic team that values integrity, collaboration, and excellence in the construction industry. If you are passionate about accounts payable and want to contribute to our success, we encourage you to apply today!