Accounts Payable/Receivable Specialist

The role of the Accounts Payable/Receivable Specialist at Ensurem is to support the financial operations of the Company. The AP/AR Specialist will execute a number of daily, weekly and monthly invoice processing, cash payments and cash applications activities while ensuring compliance with Company processes and procedures. The person in this role will need a strong grasp on how the processing of accounts payable, cash receipts impacts operations, the general ledger, and a strong understanding of computer systems. The AP/AR Specialist will play a central role preparing the financial results of the Company.

AP/AR Specialist Responsibilities

• Completes payments and controls expenses by receiving, processing, verifying and reconciling invoices.
• Reconciles processed work by verifying entries and comparing system or other reports to balances.
• Maintains vendor master data integrity by ensuring proper documentation is obtained and maintained for vendors with which the Company does business.
• Manages banking platform activities that includes originating payment templates in accordance with vendor information, originates vendor payments in consultation with Controller, manages Positive Pay process and other operational banking activity.
• Manages employee reimbursements by ensuring that proper documentation and approvals are obtained, and employees are paid timely.
• Identifies areas for improvement and recommends courses of action.
• Performs daily bank reconciliation by uploading bank statement and clearing balances appropriately. Reviews reconciliation report and takes corrective action where necessary.
• Matches cash receipts to carrier commission reports and prepares data for upload into accounting system.
• Reconciles assigned general ledger accounts to supporting documents.
• Manages daily activity of virtual credit card system to ensure charges have proper receipt/invoice documentation and are posted to the general ledger properly.
• Support the annual financial statement audit and regulatory audits.
• Prepares 1098/1099 and tangible property tax returns.
• Assist with month end close.
• Ad-hoc accounting analysis as needed.

AP/AR Specialist Requirements

• 3+ years of accounting experience in AP; bachelor’s degree in accounting a plus
• Medium competency in Microsoft Office products
• Understanding of fundamental relationships in accounting – debits, credits, balance sheet accounts, income statement accounts
• Strong attention to detail is required
• Previous experience with Medicare related insurance products is a plus