Accounting Specialist

Job Description

Title: Accounting Specialist

Location: Edina, MN – This is an on-site role and only local Minnesota applicants are eligible for hire

Compensation: Up to $31.25/hr depending on applicable experience

Internal ID:

About:

Addison Group is thrilled to spearhead the search for a seasoned Accounting Specialist to join the dynamic team of our esteemed client in the construction sector! Our client is actively seeking an experienced candidate skilled in full-cycle accounts payable and receivable invoice processing, particularly in a high-volume capacity. This role entails extensive vendor communication, meticulous discrepancy resolution, handling 1099s, managing deductions, and sales & use, and more. This is an onsite role compensating up to $31.25/hr depending on applicable experience.

Responsibilities:

Full-Cycle Accounts Payable Processing: Manage the entire accounts payable process, from invoice receipt to payment, ensuring accuracy and timeliness in processing invoices for goods and services received.

Full-Cycle Accounts Receivable Processing: Oversee the accounts receivable function, including invoicing customers, posting payments, and following up on outstanding balances to ensure timely collection.

High-Volume Invoice Processing: Handle a large volume of invoices efficiently and accurately, maintaining productivity while adhering to established procedures and deadlines.

Vendor Communication: Maintain regular communication with vendors regarding invoice status, payment inquiries, and resolving any discrepancies or issues in a professional and timely manner.

Discrepancy Resolution: Investigate and resolve discrepancies in invoices, payments, and vendor statements through thorough analysis and collaboration with internal departments and vendors.

1099 Processing: Ensure compliance with IRS regulations by accurately processing and distributing Form 1099s to applicable vendors at year-end, including gathering necessary information and reporting.

Deductions Management: Monitor and manage deductions from vendor payments, such as discounts, returns, and allowances, ensuring accurate recording and reconciliation of deductions.

Job Costing: Support job costing processes by accurately allocating expenses to specific projects or cost centers, enabling accurate tracking of costs and analysis of project profitability.

Financial Reporting Support: Assist in the preparation of financial reports and analysis as needed, providing accurate and timely information to support decision-making and financial planning.

Process Improvement: Identify opportunities for process improvements in accounts payable and receivable processes, implementing best practices to streamline workflows, increase efficiency, and enhance accuracy.

Qualifications:

Experience: Proven experience in accounting roles, with a focus on accounts payable and receivable functions, preferably within the construction industry. Minimum of 3 years of relevant experience.

Full-Cycle Processing: Extensive knowledge and experience in full-cycle accounts payable and receivable processing, including invoice receipt, verification, posting, and payment processing.

High-Volume Environment: Demonstrated ability to thrive in a high-volume environment, handling many invoices and transactions efficiently while maintaining accuracy and meeting deadlines.

Vendor Communication: Strong communication skills with the ability to effectively communicate with vendors to resolve invoice discrepancies, address payment inquiries, and maintain positive relationships.

Why choose Addison Finance & Accounting?

Pay: We negotiate high salaries using US Bureau of Labor Statistics

Benefits & Bonuses: You are eligible for medical, dental, vision insurance benefits, 401K, and monetary bonuses.

Permanent Employment: Many of Addison’s Finance & Accounting job openings lead to potential permanent employment.

Connections: You connect directly with hiring managers from renowned organizations

Options: You are presented multiple employment options near your home

Professional Development: You are provided hiring process advice, resume revision, and employment term negotiation.

Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.

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