at Medline Industries, Inc. in Northfield, Illinois, United States
Job Description
Job Summary
Job Description
Description
Under direct supervision, process various Accounts Payable transactions corresponding to assigned vendor accounts. Prepare and present vendor account reconciliations. Review A/P aging reports.
Major Responsibilities
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Ensure vendor statements are reconciled quarterly or by established contractual frequency. Statement reconciliations must be logged, imaged and communicated. The statement spreadsheet must be updated in real time as these numbers are taken into account for accruals booked by Medlines accounting department to account for possible future exposure caused by Divisional/Operational write-offs.
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Analyze and research vendor discrepancies (quantity shortage debits, pricing adjustment debits, return debits, etc.) and effectively communicate conclusions with the vendor via Zendesk.
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Ensure exception invoices have proper approval from the Delegation of Authority or Exemption Approval matrix.
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Prepare monthly portfolio scrubs to illustrate the health of assigned portfolio and present to Team Lead. Review and address to resolve all outstanding issues listed on aging, GR/IR, parked reports, etc. Quarterly goals are measured with monthly portfolio scrubs and are communicated to Supervisor.
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Maintain positive relationships with vendors and internal business stakeholders.
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Communicate to AP management and/or Division any issue of concern due to payment terms, operation receiving practices, vendor and/or Division performance, etc. Raise awareness regarding issue that may affect late payments, lost discounts and credit holds and provide accurate/conclusive information for customer to reach resolution.
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Adhoc tasks and projects that arise.
Medline Industries, LP, and its subsidiaries, offer a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.
The anticipated salary range for this position is $16.75-27.75 per hour. The salary range is an estimate and the actual salary will vary based on applicant's location, education, experience, skills and abilities. Medline will not pay less than the applicable minimum wage or salary threshold.
Qualifications
Education
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High school diploma or equivalent.
Work Experience
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Previous vendor and/or account reconciliation experience (Unvouched Receipts, Goods Receipt vs. Invoice Received reconciliation, open payables discounts aging analysis, vendor open balances, accruals, etc.).
Knowledge / Skills / Abilities
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Ability to work in a fast paced, high volume environment.
PREFERRED JOB REQUIREMENTS
Work Experience
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SAP knowledge.
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Familiarity with complete A/P cycle processes.
Benefits - Medline is committed to offering competitive benefits and a variety of choices to best meet the needs of you and your family. For employees scheduled to work at least 30 hours per week, this includes health and well-being, financial fitness, career development, paid time off and more. Employees scheduled to work less than 30 hours per week can participate in the 401(k) plan, access the Employee Assistance Program (EAP), Employee Resource Groups (ERG) and Medline Service Corps. For a more comprehensive list...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
