Accounts Payable Analyst

Description

Title: Accounts Payable Analyst

Reports To: Manager, Accounts Payable

Location: Chicago, IL

Looking for a job that can grow into a lifelong career?

At Lactalis USA, we believe in promoting from within and giving our employees meaningful opportunities to learn, grow, and thrive. Whether you're just starting out or bringing years of experience, we'll provide the tools and support you need to succeed.

Lactalis is the world leader in dairy-a family-owned company with over 85,000 pragmatic and ambitious professionals across the globe. Every day, we're proud to produce award-winning dairy products that bring people together every day.

In the US, we offer an unrivaled house of beloved brands, including Galbani Italian cheeses and ricotta, President specialty cheeses and butters, Kraft natural and grated cheeses, Breakstone's cottage cheese, Cracker Barrel, Black Diamond cheddar, and Parmalat milk. Our yogurt portfolio includes siggi's, Stonyfield Organic, Brown Cow, Oui, Yoplait, Go-Gurt, :ratio, Green Mountain Creamery, and Mountain High, along with sour cream and a growing family of ethnic favorites like Karoun, Gopi, and Arz.

At Lactalis, we live by our core values-Ambition, Engagement, and Simplicity. We're building a workplace where innovation thrives, diverse perspectives are celebrated, and everyone's unique background and ideas are valued.

Even if you don't meet every qualification, we encourage you to apply. We want to hear about your PASSION, your STORY, and how your EXPERTISE can help us make an impact.

From your PASSION to ours

As an AP Analyst at Lactalis Heritage Dairy (LHD), you will play a crucial role in managing our accounts payable processes. Your responsibilities will include accurately processing invoices, ensuring timely payments to vendors, and tracking customer payments. You will collaborate with cross-functional teams to resolve discrepancies, maintain financial records, and support the overall financial health of the organization.

From your EXPERTISE to ours

• Resolves escalated/complex issues within AP.
• Monitors transactions performed by team.
• Investigates and resolves escalated level inquiries from internal and external.
• Analyzes key reports for data integrity; diagnoses errors and makes necessary corrections.
• Review and approve Concur expenses daily.
• Resolve accounts payable issues while interacting with vendors.
• Researches and resolves invoice errors, discrepancies, and validation holds to ensure the timely processing of invoices.
• Analyzes and recommends improvements of accounts payable process and internal controls.
• Assists with developing new processes/procedures as LHD completes Transitional Service Agreement (TSA)
• Actively involved in testing of AP Payables module and User Acceptance Testing (UAT)
• Continuously seeks opportunities to make improvements of procedures and systems.
• Responds to external vendors and internal managers in a timely manner regarding all aspects of the accounts payable process, including processing invoices for payment, recording sales tax and reconciling employee expenses.
• Communicates effectively in a professional, tactful, and courteous manner always.
• Responds to vendors and internal stakeholders regarding all aspects of the accounts payable process, which includes payments to vendors and reimbursements to individuals.
• Audits selected accounts payable transactions for completeness, accuracy, and conformity to LHD policy, IRS regulations, and generally accepted accounting standards.
• Ensures quality of payment processing and reporting within assigned deadlines to avoid IRS and other government penalties.
• Ensures timely payment of vendor invoices through matching of purchase orders, requesting invoices from vendors and monitoring of all payment authorizations to payment completion.
• Processes and accurately validates electronic (imaged) vendor invoices and credit memos in the Oracle ERP System (SAP).
• Processes foreign currency payments, manual checks, wire transactions, and other specialty exception payments.
• Participates in month-end and year-end close process.
• Performs general disbursement related functions and/or projects as directed by the AP Manager.
• Keeps informed of regulatory requirements and best practices in accounting.
• Performs a variety of operating or cost accounting activities which require moderate knowledge of accounting theories and principles.
• Performs other related work as needed.

Requirements

From your STORY to ours

Education and Experience

• Minimum requirements include a college or university degree in related field or 3-5 years' experience in role

Knowledge, Skills and Abilities

• Minimum requirements include knowledge and skills developed through 3-5 years of work experience in a related job discipline.
• Experience in Manufacturing, Food Industry preferred.
• Must be dependable and be able to work well within a team environment.
• Excellent verbal and written communication skills.
• Hybrid Work Model - 3 Days Onsite
• SAP, Concur, Oracle

At Lactalis, we offer a comprehensive Total Rewards Program with a variety of affordable benefits and coverage options. We support insurance costs significantly, contribute generously to retirement plans, and offer Paid Time Off from day one. We are committed to your professional growth, providing training and development opportunities, including Education Reimbursement. Join us and grow your career.

Lactalis Heritage Dairy is an equal employment opportunity employer. We will not discriminate against applicants with regard to any legally-recognized basis including, but not limited to: veteran status, race, color, religion, sex, national origin, age, marital status, sexual orientation, and physical or mental disabilities.