Accounts Payable Specialist
R2net - new york city, NY
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R2Net is a diamond bridal jewelry company with a technology soul. R2Net Inc. is an innovative technology company that provides e-commerce and supply chain platforms to connect the entire span of the diamond industry's ecosystem, including manufacturers, retailers and consumers. We are looking for a motivated and enthusiastic individual to join our AP Accounting Team as an Accounts Payable Specialist. The Accounts Payable Specialist will be an integral member of the growing team at R2Net and will assume full ownership of the accounts payable processes across each of our offices. The Accounts Payable Specialist will work closely with members of the team, as well as department managers and numerous outside vendors, you will develop and implement payment systems that will help ensure the accuracy and completeness of our records and contribute to smooth financial operations. You will play a critical role in the day-to-day operations of the company and help maintain relationships with outside vendors. Responsibilities: Process all invoices across the company and ensure all proper approvals have been received. Utilize SAP knowledge to handle end-to-end accounts payable processes within the SAP environment. Ensure seamless integration of financial data and transactions into SAP modules. Communicate with vendors and resolve account discrepancies by investigating documentation and determining appropriate adjustments. Assist with month-end closing and quarterly reporting process including assisting with accruals. Verifies the accuracy of vendor invoices and confirms that the correct general ledger account codes are used. Manages company's purchasing cards, payments, and reconciliation of payments to invoices. Customer Service (internal employees, external vendors, and offshore AP staff queries). Reviews correct coding and authorization as well as sufficient contracts and documentation are received before payment are made. Prepare and maintain vendor files (W9s, W-8BENS, banking information) and validate year-end reporting (1099's) Assist with additional areas of accounting and ad hoc requests such as managing the collection of outstanding receivables and communication with customers regarding payment status. Develop and execute strategies for streamlining Accounts Payable processes. Requirements BA or BS degree (Business Administration or Accounting Preferred). Proven experience as an Accounts Payable Specialist with a focus on SAP. Strong understanding of SAP modules related to accounts payable. 1+ year experience working in QuickBooks and SAP software. Self-starter, positive attitude, and ability to problem-solve with minimal supervision Strong communication skills and attention to detail; accuracy is a must. Ability to self-serve and proactively investigate data required. Ability to work in a timely and accurate manner in a fast-paced environment. Strong leadership skills. Proficiency in MS word and excel. Benefits At R2Net, many of our roles offer a high-quality, comprehensive benefits package including healthcare, paid time off, retirement planning and opportunities for career advancement. Some offerings are dependent upon the role, employment type, work schedule or location: Paid time off Medical, Dental, Vision and Prescription Insurance 401(k) Retirement Plan with company match Flexible spending account Health savings account Tuition Reimbursement Employee discount Parental leave Life insurance Annual base pay range: $62,500 - $66,000. Final pay rate shall be determined and is based on experience and qualifications. At this time, R2NET will not sponsor a new applicant for employment authorization for this position. Additional Information: R2NET INC. is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status or any other basis prohibited under applicable federal, state or local law. R2NET INC. will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law.
Created: 2024-11-12