Senior Accounts Payable Specialist

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 - $71,100.00

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

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