Shared Services Officer (Accounts Payable) Job Description Template
As a Shared Services Officer (Accounts Payable), you will play a crucial role in overseeing the accounts payable functions. You will be responsible for processing invoices, handling payment disbursals, and ensuring compliance with financial policies and procedures. This role demands attention to detail, strong organizational skills, and the ability to work in a collaborative team environment.
Responsibilities
- Process invoices and verify financial data to ensure accurate recording of liabilities.
- Manage payment disbursals, including preparing and issuing payments to vendors.
- Reconcile vendor statements and resolve discrepancies in a timely manner.
- Ensure compliance with internal financial policies and procedures.
- Collaborate with vendors and internal departments to address and resolve any issues.
- Maintain records of accounts payable transactions and ensure proper documentation.
- Assist in month-end closing activities and preparation of financial reports.
- Support audits by providing necessary documentation and information.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum of 3 years of experience in an accounts payable role, preferably in a shared services environment.
- Strong understanding of accounting principles and accounts payable processes.
- Experience with financial software and ERP systems.
- Excellent attention to detail and organizational skills.
- Strong communication and interpersonal skills.
- Ability to work independently and as part of a team.
Skills
- Account Reconciliation
- Invoice Processing
- Financial Reporting
- ERP Systems
- Microsoft Excel
- Vendor Management
- Problem-Solving
- Time Management
Frequently Asked Questions
A Shared Services Officer in Accounts Payable is responsible for processing invoices, managing vendor payments, and maintaining financial records. They ensure compliance with accounting standards, manage discrepancies, and assist in month-end close processes.
To become a Shared Services Officer in Accounts Payable, candidates typically need a bachelor's degree in accounting or finance. Practical experience in accounts payable or a similar finance role is often required. Skills in ERP systems and proficiency in spreadsheets are advantageous.
The average salary for a Shared Services Officer in Accounts Payable varies depending on the industry and location. It typically ranges from entry-level salaries for beginners to higher compensation for experienced officers, with benefits and bonuses based on company policies.
Qualifications for a Shared Services Officer in Accounts Payable generally include a degree in finance, accounting, or a related field. Professional certifications like CPA or CMA can enhance prospects. Employers often look for experience with accounting software and excellent analytical skills.
Skills required for a Shared Services Officer in Accounts Payable include strong analytical abilities, attention to detail, and proficiency in financial software. Responsibilities include processing payments, reconciling accounts, and ensuring vendor compliance with terms. Effective communication and problem-solving skills are essential.