Overview
General Summary
Manages and reconciles trade vendor accounts to ensure timely and accurate payments totaling about $6.0 Billion annually. The volume of invoices and transactions handled by the team exceeds 5 million annually. Acts as liaison between vendors and Legal, Merchandising, Supply Chain and other departments to assist in resolving complex issues. Assures inventory accuracy related to receiving items with cost variances and unit of measure discrepancies. Responsible for Accounts Payable 3 way matching process, researching, analyzing and gathering of documents related to Vendor dispute resolution in order to keep vendors up to date on account status. Independent decision maker on repayments of vendor disputes for assigned threshold. Responsible for Accounts Payable Vendor settlement negotiations and creation of packages, reducing the company's liability and risk of aged payment claims from vendors, this process of negotiation can save OD millions of dollars annually. Also works with merchandising team to resolve price, freight, Unit of Measure and other discrepancies that result from invoice match analysis, assuring all records are accurate in order to provide reliable financial records for reporting and forecasting. Must have understanding of inventory and supply chain policies and procedures as well as be very familiar with GAAP accounting processes. Responsible for consignment inventory shrink analysis in conjunction with the Inventory accounting team. Ability to work independently, make decisions and analysis. Organized, and able to prioritize.
Primary Responsibility:
Manages and reconciles trade vendor accounts to ensure timely and accurate payments totaling about $6.0 Billion annually. The volume of invoices and transactions handled by the team exceeds 5 million. Acts as liaison between vendors and Legal, Merchandising, Supply Chain and other departments to assist in resolving complex issues. Assures inventory accuracy related to receiving items with cost variances and unit of measure discrepancies.
Vendor Dispute Resolution
Responsible for Accounts Payable 3 way matching process, researching, analyzing and gathering of documents related to Vendor dispute resolution in order to keep vendors up to date on account status. Independent decision maker on repayments of vendor disputes for assigned threshold. Works with merchandising team to resolve price, freight, Unit of Measure and other discrepancies that result from invoice match analysis, assuring all records are accurate in order to provide reliable financial records for reporting and forecasting.
3.Settlement Negotiation
Responsible for Accounts Payable Vendor settlement negotiations and creation of packages, reducing the company's liability and risk of aged payment claims from vendors, this process of negotiation can save OD millions of dollars annually.
4.Vendor Correspondence and Customer Service
Education & Experience:
High School
+5 years of experience
Accounts Payable
Ability to work independently,
Make decisions and analysis.
Organized
Able to prioritize
Oracle
Excel
Good Communication Skills
Customer Service
REQNUMBER: 63317
