AP​/AR Analyst

Overview

Req
Region:
Americas
Country: USA
State/Province:
Minnesota
City:
Maple Grove

Summary:

To ensure the integrity of balance sheet accounts by performing monthly account reconciliations, variance analysis and accounting entries. Highlighting discrepancies and correcting where appropriate or identifying actions for others to complete.

Incumbents are fully qualified to execute job/role accountabilities working independently on most aspects of the job. Work is performed within established professional standards and practices. Tasks are moderately complex in nature where judgment is required to complete recurring assignments independently and to determine the best methods to follow to complete assignments. Sound decisions are required to achieve the division’s/department’s operations, schedules, and/or performance goals.

Works under general supervision. Situations not covered by standard processes, procedures and methods are referred to manager or expert resource. May demonstrate work methods to new employees. Builds internal and external relationships as appropriate, with emphasis on those that facilitate the achievement of job/role accountabilities, such as relationships with key suppliers, customers and internal service.

• Prepare manual accounting entries and monitor system generated entries to ensure that financial statements are accurate and stated in accordance with GAAP.
• Act as a key advisor to team members to resolve complex invoice or payment issues ensuring compliance to corporate policies, procedures and business controls.
• Generate and analyze control reports to ensure invoice accuracy and to avoid duplicate payments.
• Follow up to ensure that all anomalies and errors are actioned before payment occurs.
• Monitor and maintain subsidiary records and resolve discrepancies as required.
• Prepare monthly account reconciliations for a series of balance sheet accounts.
• Ensure all reconciling items are cleared in a timely manner, making the adjustment or communicating recommended action to the appropriate individual for correction.
• Thorough understanding of the balance sheet accounts in their scope of responsibility so that errors and anomalies can be recognized and explained or corrected immediately.
• Interface with external auditors on area of responsibility.
• Prepare monthly and quarterly information for internal and external reporting.
• Create monthly reports to analyze variances between actual, forecast and plan.
• Provide an explanation of variances to management.
• Provide leadership on special projects and process improvement initiatives.
• Takes independent action to gather ideas and gain consensus with cross-functional teams on process improvement recommendations.
• Present complex information integrating several scenarios.
• Ability to assist clients/users on vastly different issues.
• Ability to run a successful meeting (i.e. agenda, timetable, demonstrate good time management, conclusion, follow-up and minutes).
• Meets group needs, ensures appropriate resources are available and works to achieve team goals over individual goals.
• Evaluates alternatives based on pros/cons.
• Provides input on how to manage required changes.
• Leads by example and is accountable for own actions.

• Knowledge of computer applications such as WORD, Excel, PowerPoint and multiple business applications.
• Ability to design/create queries and understands what creates the output.
• Creates basic spreadsheet macros.
• Ability to design custom queries in job-related software and understanding the relationships between the various tools.
• General understanding of internal/external customer needs is required to make effective/informed decisions.
• Analytical and statistical skills.
• Ability to handle multiple tasks while maintaining attention to detail and accuracy and working under tight time deadlines.
• Ability to evaluate, prioritize and problem solve a variety of tasks to ensure their timely and accurate completion.
• Understands and can apply corporate accounting policies.
• Ability to communicate effectively, both verbally and in writing, with a wide variety of internal and external customers.
• Ability to recommend accounting…