Purpose of Position
The Accounts Payable Analyst Level 1 is responsible for overseeing complex accounts payable functions, ensuring timely and accurate processing of invoices, vendor payments, reconciliations, and compliance with company policies. This position supports the Accounts Payable leadership in recommending process improvements, supporting special projects, and mentoring junior team members.
Responsibilities
- Process high-volume, complex invoices, credit memo, and vendor statements with accuracy and efficiency, adhering to Del Monte's key controls at all times.
- Review, verify, and reconcile discrepancies between purchase orders, receiving documents, and vendor invoices for timely resolution.
- Ensure timely processing of vendor payments, meeting payment expectations, achieving discounted terms, and avoiding penalties or late fees.
- Manage and resolve escalated issues from vendors or internal departments timely.
- Prepares month-end and year-end close reports and supports resolution of any discrepancies.
- Reconcile accounts payable ledger to ensure all payments and outstanding balances are accounted for properly.
- Assist with internal and external audits by providing supporting documentation and thorough explanations of supported areas.
- Support process improvement initiatives; suggest automation or workflow enhancements to increase efficiency.
- Act as a subject matter expert (SME) for AP processes, tools, and systems.
- Provides training, mentorship, and support to junior AP team members as needed.
- Ensure compliance with internal controls, company policies, and regulatory requirements (e.g. 1099 reporting, sales/use tax, VAT where applicable).
- Collaborate closely with procurement, treasury, and accounting teams to resolve discrepancies and improve processes.
- Support organizational / operational projects as needed.
- Contribute to SLA / KPI metric reporting for management leadership team.
Qualifications
- Bachelor's degree in accounting, Finance, or related field preferred; equivalent work experience accepted
- 4 - 5 years of progressively responsible accounts payable experience, preferably in a large or complex organization
- Experience supporting a multi-entity, multi-currency organization
- Shared Services experience is preferred
- Strong understanding of accounting principles related to accounts payable.
- Experience with ERP systems and Accounts Payable solutions (e.g. Oracle, SAP, Coupa, Readsoft, Esker) is preferred
- Advance proficiency in Microsoft tools (e.g. Excel, Outlook, Word, PowerPoint, etc.)
- Excellent problem solving and analytical skills
- Strong attention to detail and accuracy
- Effective communication and interpersonal skills
- Previous experience in a Shared Service Environment
- Excellent English communication skills – including written, spoken, and comprehension.
- Work effectively in a team environment