Accounts Payable

4 weeks ago

Surrey, Canada Metro-Can Construction Ltd Full time

As an Accounts Payable Specialist in the construction field, your primary responsibility will be to oversee and manage the accounts payable process. You will play a vital role in ensuring that vendors, subcontractors, and suppliers are paid accurately and on time, contributing to the efficient financial operations of the construction company.

Key Responsibilities:

- Invoice Processing:

- Receive, review, and process vendor and subcontractor invoices for construction materials, services, and supplies.
- Verify the accuracy of invoices, including pricing, quantities, and terms.
- Purchase Order Matching:

- Match invoices with purchase orders and delivery receipts to ensure consistency and accuracy.
- Resolve discrepancies and issues with suppliers or internal departments as needed.
- Payment Processing:

- Schedule and process payments to vendors, subcontractors, and suppliers, adhering to payment terms and company policies.
- Manage payment methods.
- Vendor and Subcontractor Relations:

- Communicate with vendors and subcontractors regarding payment inquiries, discrepancies, and payment delays.
- Maintain positive relationships with key suppliers and address any concerns promptly.
- Expense Reimbursements:

- Review and process employee expense reports, ensuring compliance with company policies and IRS guidelines.
- Verify receipts and documentation for expense claims.
- Record Keeping:

- Maintain accurate and organized filing of all accounts payable transactions.
- Review and maintain Accounts Payable subledgers.
- Month-End Procedures:

- Assist in month-end close activities, including reconciling accounts payable ledgers.
- Compliance and Documentation:

- Ensure compliance with relevant financial regulations and tax requirements.
- Maintain up-to-date documentation for all accounts payable activities.
- Process Improvement:

- Identify opportunities to streamline accounts payable processes and enhance efficiency.
- Suggest and implement process improvements where applicable.

Qualifications:

- Previous experience in accounts payable, preferably in the construction or related industry.
- Familiarity with accounting software and proficiency in Microsoft Excel.
- Strong attention to detail and accuracy in data entry.
- Excellent communication and interpersonal skills for vendor interactions.
- Knowledge of accounting principles and relevant tax regulations.
- A degree in accounting or finance is a plus.

This job description outlines the primary responsibilities and qualifications for the role of an Accounts Payable Specialist in the construction field. The specific duties and requirements may evolve in line with the company's needs and industry standards.

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