Job ID: req4882
Job Category: Corporate
Location: Hamel, MN, US
Job Title: Senior 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 workdays annually to work remote! The initial amount of days is prorated for the first year based on start date.
GENERAL DESCRIPTION / PURPOSE:
This is a Senior Accounts Payable Specialist position in Loram’s Accounts Payable Department. Responsibilities include, but are not limited to, main back up for the payment processing runs, assist with training Accounts Payable Specialist and Expense Report Processors, point person for questions and problem solving, as well as assisting with special projects and other duties as assigned.
ESSENTIAL JOB FUNCTIONS:
Functional & Technical Skills
- Assist with training Accounts Payable Specialists and Expense Report Processors and assist with creating/maintaining Accounts Payable procedure manuals.
- Serves as contact for questions and problem solving for Accounts Payable.
- Researches and resolves complex supplier invoice and purchase order issues.
- Analyzes and resolves issues/discrepancies related to accounts payable accounts and the IFS accounts payable module and implements corrective action.
- Assist with developing, recommending, and implementing system and procedural changes to improve the accounts payable department.
- Assist with payment of invoices and expense reports via check, ACH, or wire transfer applicable reporting, and upload of payment files to bank.
- Responsible for processing and keying assigned invoices, related purchase orders, receivers, resolve all problems related to invoices, supplier statements, obtain approvals, and preparing appropriate vouchers, apply sales and use tax rules.
- Back up for 1099 reporting and W9 process.
REQUIRED QUALIFICATIONS:
Education: Highschool Diploma/Equivalent
Experience: 5+ Years Accounts Payable experience
Knowledge, Skills and Abilities:
- Excellent written and oral communication skills, and able to work effectively with internal and external customers.
- The applicant will have the ability to add, subtract, multiply, divide, and compute ratios and percent.
- Knowledge of computers and software with good word processing skills using Microsoft applications.
- Experience with Invoice Entry with a 3-way match (Multi Currency wanted but not required)
- Experience in problem solving invoice entry issues and Purchase Order reconciliation (Price Variance, Qty Variance, etc)
PREFERRED QUALIFICATIONS:
Education: Associates Degree and/or Technical School
- Systems Savvy, will be trained in use of OnBase, IFS, and Concur Expense Reporting
- Familiar with Expense Reporting and or Policy. Receipt Review.
- Proficient in Excel
- Great attention to detail
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
- Can tolerate variable and sometimes challenging conditions during visits or inspections of company equipment in a railroad environment.
Benefits for this role include a comprehensive package with company-sponsored medical, dental, and vision insurance; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; wellness programs; basic life and AD&D insurance; voluntary life insurance; company paid short-term and long-term disability coverage; 401(k) retirement plan including an employer match of 150% up to the first 6% you contribute to the Plan; Employee Assistance Program (EAP); behavioral health support; and leaves of absence. Additional benefits include tuition reimbursement, payroll charity contributions, adoption assistance and optional plans such as legal, critical illness, and hospitalization.
Loram determines compensation based on factors such as skills, competencies, education, and/or experience. Certain positions may be eligible for an annual bonus and paid time off in addition to base compensation.
Starting pay for the position is between $44,678.00 – $55,848.00
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 2025
#LI-HYBRID
#LI-KK1
Job ID: req4882
Job Category: Corporate
Location: Hamel, MN, US
DESCRIPTION
Job Title: Senior 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 workdays annually to work remote! The initial amount of days is prorated for the first year based on start date.
GENERAL DESCRIPTION / PURPOSE:
This is a Senior Accounts Payable Specialist position in Loram’s Accounts Payable Department. Responsibilities include, but are not limited to, main back up for the payment processing runs, assist with training Accounts Payable Specialist and Expense Report Processors, point person for questions and problem solving, as well as assisting with special projects and other duties as assigned.
ESSENTIAL JOB FUNCTIONS:
Functional & Technical Skills
- Assist with training Accounts Payable Specialists and Expense Report Processors and assist with creating/maintaining Accounts Payable procedure manuals.
- Serves as contact for questions and problem solving for Accounts Payable.
- Researches and resolves complex supplier invoice and purchase order issues.
- Analyzes and resolves issues/discrepancies related to accounts payable accounts and the IFS accounts payable module and implements corrective action.
- Assist with developing, recommending, and implementing system and procedural changes to improve the accounts payable department.
- Assist with payment of invoices and expense reports via check, ACH, or wire transfer applicable reporting, and upload of payment files to bank.
- Responsible for processing and keying assigned invoices, related purchase orders, receivers, resolve all problems related to invoices, supplier statements, obtain approvals, and preparing appropriate vouchers, apply sales and use tax rules.
- Back up for 1099 reporting and W9 process.
QUALIFICATIONS
REQUIRED QUALIFICATIONS:
Education: Highschool Diploma/Equivalent
Experience: 5+ Years Accounts Payable experience
Knowledge, Skills and Abilities:
- Excellent written and oral communication skills, and able to work effectively with internal and external customers.
- The applicant will have the ability to add, subtract, multiply, divide, and compute ratios and percent.
- Knowledge of computers and software with good word processing skills using Microsoft applications.
- Experience with Invoice Entry with a 3-way match (Multi Currency wanted but not required)
- Experience in problem solving invoice entry issues and Purchase Order reconciliation (Price Variance, Qty Variance, etc)
PREFERRED QUALIFICATIONS:
Education: Associates Degree and/or Technical School
- Systems Savvy, will be trained in use of OnBase, IFS, and Concur Expense Reporting
- Familiar with Expense Reporting and or Policy. Receipt Review.
- Proficient in Excel
- Great attention to detail
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
- Can tolerate variable and sometimes challenging conditions during visits or inspections of company equipment in a railroad environment.
Benefits for this role include a comprehensive package with company-sponsored medical, dental, and vision insurance; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; wellness programs; basic life and AD&D insurance; voluntary life insurance; company paid short-term and long-term disability coverage; 401(k) retirement plan including an employer match of 150% up to the first 6% you contribute to the Plan; Employee Assistance Program (EAP); behavioral health support; and leaves of absence. Additional benefits include tuition reimbursement, payroll charity contributions, adoption assistance and optional plans such as legal, critical illness, and hospitalization.
Loram determines compensation based on factors such as skills, competencies, education, and/or experience. Certain positions may be eligible for an annual bonus and paid time off in addition to base compensation.
Starting pay for the position is between $44,678.00 – $55,848.00
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 2025
#LI-HYBRID
#LI-KK1
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.
Job Title: Senior 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 workdays annually to work remote! The initial amount of days is prorated for the first year based on start date.
GENERAL DESCRIPTION / PURPOSE:
This is a Senior Accounts Payable Specialist position in Loram’s Accounts Payable Department. Responsibilities include, but are not limited to, main back up for the payment processing runs, assist with training Accounts Payable Specialist and Expense Report Processors, point person for questions and problem solving, as well as assisting with special projects and other duties as assigned.
ESSENTIAL JOB FUNCTIONS:
Functional & Technical Skills
- Assist with training Accounts Payable Specialists and Expense Report Processors and assist with creating/maintaining Accounts Payable procedure manuals.
- Serves as contact for questions and problem solving for Accounts Payable.
- Researches and resolves complex supplier invoice and purchase order issues.
- Analyzes and resolves issues/discrepancies related to accounts payable accounts and the IFS accounts payable module and implements corrective action.
- Assist with developing, recommending, and implementing system and procedural changes to improve the accounts payable department.
- Assist with payment of invoices and expense reports via check, ACH, or wire transfer applicable reporting, and upload of payment files to bank.
- Responsible for processing and keying assigned invoices, related purchase orders, receivers, resolve all problems related to invoices, supplier statements, obtain approvals, and preparing appropriate vouchers, apply sales and use tax rules.
- Back up for 1099 reporting and W9 process.
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About the area
Find out more about Hamel, MN
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.
Loram is committed to protecting the identity and personal information of any potential employee. Loram applicants will only be contacted by Loram employees with an authentic Loram email address ending in @loram.com. We encourage you to verify the identity of any individual who claims to be a member of the Loram team by confirming the email address is @loram.com with no additional characters or letters. We will never request financial information or a financial commitment as part of the recruitment process. If you have a question about the authenticity of any communication claiming to be from Loram, please contact loramrecruiting@loram.com. Reports can be submitted online at www.loram.ethicspoint.com or by calling 1-844-635-4640.
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