Accounts Payable Supervisor is responsible for supervising and guiding the day-to-day operational activities of an accounts payable function. Maintains and reconciles accounts payable ledger to validate charges and ensure accurate and timely payments. Being an Accounts Payable Supervisor prepares and evaluates applicable accounting reports to identify trends, inefficiencies, and opportunities for cost-savings and relays the conclusions to management. Implements standard operating procedures to maintain accurate financial records and compliance with accounting policies. Additionally, Accounts Payable Supervisor investigates and resolves discrepancies in billings and payments. Requires a bachelor's degree. Typically reports to a manager. The Accounts Payable Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. To be an Accounts Payable Supervisor typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision. (Copyright 2024 Salary.com)
Accountant Focus in Petroleum Accounts Payable and Taxes
Job Description Summary
An Accountant focus in Petroleum Accounts Payable and Taxes is responsible for processing, coding incoming invoices from vendors, vendor payments, and fuel tax submissions to government entities as assigned. Also, ensures and applies proper rules, regulations, policies and procedures in all activities. This role currently reports to Director of Tax and Operations Accounting.
Objectives of this role
· Maintains accuracy and integrity of Accounts Payable activities (transactional processing and reporting) to all vendor accounts and setups for Petroleum Companies.
· Researches, communicates and solves any discrepancies within the accounting system, vendors, government entities and management in a timely manner or within specified deadlines, if applicable.
· Identifies reporting efficiency opportunities and driving process improvement by leveraging internal and external reporting tools.
Responsibilities
· Reviews, records, reconciles and tracks all invoices, credit notes, purchase orders, statements, intercompany transactions, expense reports and credit card/purchasing card receipts.
· Processes and codes vendor payments (including excise taxes on specified due dates) by checks, EFTs, credit cards, and handles company copies filing, including 1099K settlement with Victory Marketing.
· Processes year-end tax reporting such as 1099’s.
· Maintains proper vendor setups by ensuring W-9s and all other vendor applications and/or forms are on file.
· Prepares and submits creation of positive pay file to the bank, and provides daily check processing report of checks to be mailed for cash flow purposes.
· Reconciles and uploads invoices/receipts to the Regions purchasing card system. Verifies all receipts/invoices are properly coded before import into PDI system monthly.
· Creates, downloads, reviews, and submits to various states (MS, AL, TN, and LA) fuel taxes monthly for both gas and diesel, and files monthly fuel returns for (MS, AL, TN, LA). Also coordinates with Huntsville team for AL state and local fuel tax return submissions and payments.
· Quarterly submission of IRS form 8849 for excise tax refund.
· Prepares, reviews and posts journal entries as assigned.
· Prepares and distributes supplier daily pricing.
· Provides support and backup to any other duties/team and/or projects as assigned.
Required skills and qualifications
· Proficient with MS Office applications, especially Excel
· Experience with accounting software, PDI experience preferred
· Working knowledge of federal and local taxes
· Ability to analyze financial data and strong attention to detail
· Strong verbal and written communication skills
· Three or more years of professional accounting experience
· Bachelor’s degree in Accounting or Finance or related business field.
Job Type: Full-time
Pay: $19.00 - $21.00 per hour
Benefits:
Schedule:
Supplemental pay types:
Work Location: In person