Accounts Payable Analyst

Job Description

We are seeking a dedicated and detail-oriented Accounts Payable Analyst to join our accounting and

finance team. The Accounts Payable Analyst will play a crucial role in ensuring the accurate and timely settlement of

Master Contractor Drivers while also assisting in vendor payment processing. The successful candidate will be

responsible for managing driver settlements, resolving disputes, and verifying order assignments to guarantee the

smooth and efficient flow of payments. This position will also play a critical role in ensuring accurate and efficient

payment processing while adhering to industry specific standards. If you are a dedicated professional with a strong

background in accounts payable and passion for the logistics sector, we encourage you to reach out!

Responsibilities:

• Vendor Relations: Maintain positive relationships with transportation and logistics vendors. Address

vendor inquiries and resolve payment discrepancies in a timely and professional manner. Collaborate

with procurement teams to ensure smooth invoice approval processes.

• Master Contractor Driver Settlements: Oversee the complete settlement process for Master

Contractor Drivers, ensuring timely and accurate payments. Verify the accuracy of driver orders in the

Transportation Management Systems, ensuring compliance with established guidelines and

contractual agreements. Collaborate with the Carrier Relations team to address and resolve any

discrepancies or disputes.

• Dispute Resolution: Act as the liaison for addressing and resolving disputes between Master

Contractors and the Carrier Relations team. Investigate and resolve discrepancies in driver

settlements, working to ensure fairness and accuracy.

• Order Assignment Verification: Verify that all drivers are properly assigned to orders, matching them

with the corresponding agreed routes and contract rate agreement for accurate settlement. Monitor and

maintain order assignment records to ensure consistency and accuracy.

• Vendor Payment Support: Collaborate with the AP Specialist to assist in the vendor payment

process. Review vendor invoices and ensure they are processed accurately and in a timely manner.

Execute weekly check runs, online payments, and ACH batches.

• Documentation and Record Keeping: Maintain organized records of settlements, disputes, and

payment-related documents. Generate reports to track settlement and vendor payment status for

management review, including a rolling 4-week settlement analysis comparing revenue and driver

commission trends.

• Process Improvement: Identify opportunities to enhance the efficiency and accuracy of the settlement

and payment processes. Contribute to the development and implementation of best practices within the

Accounts Payable function.

• Invoice Processing: Accurately process a high volume of invoices from various transportation and

logistics service providers. Verify invoice accuracy, ensuring proper documentation, coding, and

approvals. Identify and resolve discrepancies and variances in invoices.

• Reporting: Generate regular reports on accounts payable performance, vendor payment trends, and

financial data related to transportation and logistics. Provide insights and recommendations to the

finance team based on the data analysis.