Job ID: 20243278
Job Category: Corporate
Location: Hamel, MN
Job Title: Accounts Payable Specialist
FLSA Status: Non-Exempt
Department: Accounting
Reports to: Accounts Payable Supervisor
Flex Work Eligible! This position qualifies for the Flexible Work Policy. Employees receive 75 work days annually to work remote! The initial amount of days is prorated for the first year based on start date.
GENERAL DESCRIPTION / PURPOSE:
The Accounts Payable Specialist is responsible for reviewing and processing supplier invoices, employee expense reports and corresponding payment activity for multiple Loram entities. This is accomplished via regular interaction with Loram’s Accounting Operations, Procurement & Inventory Control/Warehouse departments, and direct contact with Loram’s suppliers. This person must display technical system aptitude and have strong attention to detail.
ESSENTIAL JOB FUNCTIONS:
Supplier Invoice and Payment Processing
- Process assigned supplier invoices, related purchase orders, and receiving docs using accounting software and other programs
- Review and apply sales and use tax rules.
- Work directly with both internal and external customers to resolve all problems related to invoices and supplier statements
- Generate payment proposals for invoices and facilitate related processing functions
- Prepares month end accruals and appropriate journal entries
- Actively engage in, and successfully complete special projects and other duties as assigned
Expense Report Processing
- Audit assigned purchase card transactions and reimbursement requests for accuracy and adherence to company policies
- Provide guidance and assistance to end users as needed
- Generate payment of expense reports
Work Procedure Maintenance
- Prepares and maintains desk work procedures for areas of responsibilities
BEHAVIORAL COMPETENCIES:
- Action Oriented
- Approachability
- Building Partnerships
- Customer Focus
- Priority Setting
- Values Based
REQUIRED QUALIFICATIONS:
Education: High School Diploma or Equivalent
Experience: 1+ year of relevant experience and/or training; 1+ year working knowledge of various PC based computer software packages including financial spreadsheets and word processing. Intermediate Excel skills.
PREFERRED QUALIFICATIONS:
Education: Associate Degree
Experience:
- IFS ERP System
- OnBase Document Imaging
Knowledge, Skills and Abilities:
- Multi-Currency invoice processing – Three Way Match
- Exposure to Sales and Use Tax, as well as VAT/GST
- SAP Concur Expense and Audit
- Manufacturing and Project based payables
WORKING CONDITIONS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Office deskwork, requiring sitting, walking, using phone & computer
- May lift up to 30 lbs. occasionally
- Up to 10% or more travel including international
- Can tolerate variable and sometimes challenging conditions during visits or inspections of company equipment in a railroad environment
Loram is an Equal Opportunity Employer and will make all employment-related decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, marital status, familial status, status with regard to public assistance, membership or activity in a local commission, protected veteran status, or any other status protected by applicable law
Revised: April 2024
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Job ID: 20243278
Job Category: Corporate
Location: Hamel, MN
DESCRIPTION
Job Title: Accounts Payable Specialist
FLSA Status: Non-Exempt
Department: Accounting
Reports to: Accounts Payable Supervisor
Flex Work Eligible! This position qualifies for the Flexible Work Policy. Employees receive 75 work days annually to work remote! The initial amount of days is prorated for the first year based on start date.
GENERAL DESCRIPTION / PURPOSE:
The Accounts Payable Specialist is responsible for reviewing and processing supplier invoices, employee expense reports and corresponding payment activity for multiple Loram entities. This is accomplished via regular interaction with Loram’s Accounting Operations, Procurement & Inventory Control/Warehouse departments, and direct contact with Loram’s suppliers. This person must display technical system aptitude and have strong attention to detail.
ESSENTIAL JOB FUNCTIONS:
Supplier Invoice and Payment Processing
- Process assigned supplier invoices, related purchase orders, and receiving docs using accounting software and other programs
- Review and apply sales and use tax rules.
- Work directly with both internal and external customers to resolve all problems related to invoices and supplier statements
- Generate payment proposals for invoices and facilitate related processing functions
- Prepares month end accruals and appropriate journal entries
- Actively engage in, and successfully complete special projects and other duties as assigned
Expense Report Processing
- Audit assigned purchase card transactions and reimbursement requests for accuracy and adherence to company policies
- Provide guidance and assistance to end users as needed
- Generate payment of expense reports
Work Procedure Maintenance
- Prepares and maintains desk work procedures for areas of responsibilities
BEHAVIORAL COMPETENCIES:
- Action Oriented
- Approachability
- Building Partnerships
- Customer Focus
- Priority Setting
- Values Based
QUALIFICATIONS
REQUIRED QUALIFICATIONS:
Education: High School Diploma or Equivalent
Experience: 1+ year of relevant experience and/or training; 1+ year working knowledge of various PC based computer software packages including financial spreadsheets and word processing. Intermediate Excel skills.
PREFERRED QUALIFICATIONS:
Education: Associate Degree
Experience:
- IFS ERP System
- OnBase Document Imaging
Knowledge, Skills and Abilities:
- Multi-Currency invoice processing – Three Way Match
- Exposure to Sales and Use Tax, as well as VAT/GST
- SAP Concur Expense and Audit
- Manufacturing and Project based payables
WORKING CONDITIONS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Office deskwork, requiring sitting, walking, using phone & computer
- May lift up to 30 lbs. occasionally
- Up to 10% or more travel including international
- Can tolerate variable and sometimes challenging conditions during visits or inspections of company equipment in a railroad environment
Loram is an Equal Opportunity Employer and will make all employment-related decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, marital status, familial status, status with regard to public assistance, membership or activity in a local commission, protected veteran status, or any other status protected by applicable law
Revised: April 2024
#LI-KK1
#LI-HYBRID
ABOUT
Based in Hamel, Minnesota, Loram Maintenance of Way, Inc. designs and builds some of the most sophisticated railway maintenance equipment in the world, delivering high quality products and services to our global customers. This is made possible by employees who are passionate about delivering advanced equipment, innovative solutions, and unrivaled customer service.
For more information about Loram go to:
Based in Georgetown, Texas, Loram Technologies, Inc. provides innovative solutions for the railroad industry. From our friction management application systems to our Aurora® track inspection systems, our products are technologically advanced, safer, more efficient, and more productive than traditional maintenance methods.
For more information about LTI go to:
http://www.loramtechnologies.com
Loram is proud to be an Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
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About the area
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