Accounts Payable Analyst

Accounts Payable Analyst at Dollar General Accounts Payable Analyst at Dollar General in Ridgetop, Tennessee Posted in 3 days ago.

Type:

full-time

Job Description:

General Summary:

This position is responsible for analyzing mass invoice reconciliations and exposure due to price discrepancies exceeding $100K per SKU and managing one or more, vendor debit balances, VNC uploads/reserves, and DC receipt corrections impacting AP, ensuring impactful vendor data is accurate, and financial risks are minimal. This role has a direct financial impact on the accuracy of vendor payments and financial risks and is responsible for ad hoc processes, reporting, trend analysis and monthly accruals.

Duties & Responsibilities:

Responsibilities include managing and analyzing mass invoice reconciliations, exposure due price discrepancies, VNC uploads/reserves, DC receipt corrections impacting AP, and collecting debit balances while maintaining optimal relationships with vendor partners. Engages with Merchandising, MDM, and vendor partners ensuring accuracy of critical vendor data such as vendor account set-ups, remittance changes, terms, and financially impactful cost discrepancies in accordance with SOX controls and Dollar General's policies. Performs risk analysis to determine vendor's eligibility for DG's domestic Supply Chain Finance program and performs monthly account reserves to mitigate risks. Collaborates with team and management in continuous improvement events to improve and implement efficiencies related to short-term and long-term departmental projects and processes. Executes various financial entries and account reconciliations based on analysis.

Knowledge, Skills, & Abilities:

Excellent analytical ability and innovative problem-solving ability Broad retail industry knowledge: knowledge of merchandising, and vendor negotiations; knowledge of the order-shipping-billing-receiving cycle, and Electronic Data Interchange (EDI) Strong attention to detail with a sense of urgency around deadlines Project a professional image and has the ability to operate independently in a position of high visibility Ability to manage multiple decision processes while working in a fast-paced environment using multiple systems and databases Strong written and verbal communication skills At least an Intermediate level in Microsoft Word and Excel; ability to utilize database application

Work Experience &/or Education:

Bachelor's degree in business, finance, or related field and two years of experience in retail chain environment required. Experience in merchandising a plus. An equivalent combination of education and/or experience may be considered.