Position Overview & Specifications
IEM (Industrial Electric Manufacturing, Inc.) in Fremont, CA is the largest independent full-line manufacturer of custom electrical distribution and power quality equipment in North America. IEM has delivered customer-specific solutions to meet the ever-changing power requirements of growth industries in North America for over half a century. We offer a competitive market-based salary, quarterly profit sharing, and a comprehensive benefits package, including 401K with matching.
Responsibilities
· Perform reconciliation for multiple bank and loan accounts. Enter daily banking transactions, review statements, and reconcile discrepancies between bank and book records.
· Process vendor invoices by performing 3-way matching to ensure that invoice details match purchase orders and receiving reports.
· Process payments to vendors and employees, ensuring accuracy and compliance with company policies and procedures.
· Enter corporate credit card expenses and provide guidance to employees for reimbursement process and policy.
· Check vendor invoices, ensuring sales and use tax is accrued accurately.
· Reconcile intercompany transactions and resolve any discrepancies with the affiliated companies.
· Respond to vendor inquiries and resolve any issues related to payments or invoices in a timely manner.
· Prepare accounts payable accruals for materials received but not invoiced.
· Participate in process improvement initiatives to streamline accounts payable processes and increase efficiency.
· Assist with audit and bank examination related to accounts payable.
Requirements
· Minimum of 3 years of AP experience.
· Bachelor’s degree in Accounting or Finance.
· Proficiency in ERP software, MS Excel and Outlook.
· Demonstrated ability to partner with purchasing, shipping, stockroom and other departments.
· Strong communication skills with an ability to work with vendors as well as with various levels of employees.
· Exceptional attention to detail and ability to operate with consistency in a fast-paced environment
· Centralized AP experience preferred but not required.
Job Type: Full-time
Pay: $65,000.00 - $75,000.00 per year
Benefits:
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Overtime
Work Location: In person