Accounts Payable Specialist

At OceanFirst Bank, each one of our employees plays an important role in delivering value to our customers and executing daily tasks in accordance with our core values. We recognize that our employees are essential to our success, making OceanFirst a great place to work and do business.

Great benefits include:

on-site fitness facility at Red Bank and Toms River headquarter offices, hybrid schedule after initial onboarding has been completed, employee perks & discount programs, tuition assistance, incentive compensation program, professional development opportunities, and more! Apply today to #BecomeOceanFirst and make an impact in the local community! About the Role Responsible for the accurate payment of invoices to vendors, the reimbursement of employees and account reconciliations. Assist in designing and implementing process improvements to the overall accounts payable process and support the efforts to standardize the process in support of scalable operations. What You Will Do Timely and accurate processing of vendor invoices and employee expense reimbursements through SAP Concur. Prepares checks and ACHs for properly approved invoices and employee expense reimbursements. Issues stop-payments when applicable. Assists in enforcing company spending disciplines and policies while identifying areas of expense reduction. Analyzes large volumes of vendor and expense data and provide actionable insights. Processes general ledger journal entries through Prologue Financial. Liaises with vendors and employees responsible for vendor relationship. Completes various bank account and suspense account reconciliations. Ownership of outstanding reconciling items that flow through bank accounts and suspense accounts reconciled in the Accounts Payable Department. Documents and maintains standard operating procedures, to include instructional details and development of the process. Analyzes workflow processes and identifies operational efficiencies. Manages 1099 and W-9 requirements.

Requirements:

What We Expect of You Strong working knowledge of Accounts Payable practices and processes. Expertise in Concur invoice and expense or similar application and Accounts Payable software. Proficiency in Microsoft Office, specifically Excel and Word. Excellent organization, communication, and interpersonal skills to interact with internal partners, outside vendors and management. Ability to clearly provide information and instruction to others. Ability to effectively work to accomplish tasks on an independent basis. Excellent time management and organizational skills to meet processing deadlines. Ability to prioritize work and the work of the team to meet deadlines; detail oriented. Your Qualifications Associate Degree in Business, Accounting and/or equivalent work experience. 4-6 years accounts payable experience, preferably in a banking environment. Experience with Accounts Payable automation and process improvement projects. Internal and External Contacts Internal contact with all levels of Bank personnel. External contact with vendors used to process Accounts Payable. Working Conditions/Physical Requirements Office environment. Ability to operate computer. Ability to communicate in order to exchange simple to complex information with individuals and groups. Ability to travel throughout Bank footprint.