Accounts Payable Specialist

Posted 3 Days Ago
Be an Early Applicant
Memphis, TN, USA
In-Office
Junior
Other
The Role
Manages the full procure-to-pay process, including invoice entry, coding, verification, purchase order matching, reconciliations, payment holds, vendor inquiries, and fraud-prevention checks. Supports daily accounts payable operations, resolves discrepancies, monitors advances and expenses, responds to internal and external inquiries, trains staff, and identifies process improvements. Collaborates with procurement and other departments while maintaining relationships with vendors, employees, and customers.
Summary Generated by Built In

Serves as the point of contact for a specific area of expertise.  Provides knowledge and experience of subject matters. Assists with ensuring day-to-day operations, policies, procedures, and guidelines are followed in particular areas.

Responsibilities
  • Manage the end‑to‑end procure‑to‑pay process, including entering, coding, and verifying vendor invoices in Oracle. Ensure accuracy by matching purchase orders and receipts, and confirm compliance with institutional policies. Investigate and resolve pricing and quantity variances; manage invoice holds and reconcile vendor statements. 
  • Support daily AP office functions, including keying invoices, routing incoming mail, training staff, and resolving payments on hold. Identify and implement process improvements to reduce staff error rates and enhance operational efficiency. 
  • Review and monitor billing and collection of advances, including posting and reconciling expenses and accounts payable balances. Research and follow up on inquiries related to all payment types, purchase orders, travel transactions, invoices, and credit memos via email and telephone. 
  • Build and maintain effective relationships with employees, vendors, and customers. Provide timely and accurate responses to internal and external inquiries. 
  • Collaborate with the AP Manager, Procurement Office, and other departments to prevent potential fraud by verifying ACH/Direct Deposit information submitted by employees and vendors. Ensure invoice submissions are received from credible and authorized sources through the AP email inbox. 
  • Perform additional responsibilities support tasks as assigned.
Qualifications
  • Bachelor’s degree in a relevant field 
  • Minimum of two (2) years of related experience
  • An equivalent combination of education and relevant experience may be considered in lieu of a degree.

Applicants must be authorized to work in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

About UsThe University of Memphis is a leading, student-centered, urban public R1 research institution. Located in Memphis, Tennessee, on 1,160 acres. The University serves a population of nearly 20,000 students and 2,500 employees, including more than 1,000 full-time faculty members. The University offers bachelor’s degrees in more than 230 areas of study, master’s degrees in more than 50 subjects and doctoral degrees in 26 disciplines; supported an institutional record of more than $100 million in research awards for FY24; and has an operating budget of close to $500 million.

Skills Required

  • Bachelor's degree in a relevant field
  • Minimum of two years of related experience
  • Equivalent combination of education and relevant experience may substitute for the degree
  • Authorized to work in the United States without employment visa sponsorship
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The Company

What We Do

The University of Memphis is a public research university in Memphis, Tennessee, committed to academic excellence and community engagement. Driven by a philosophy of 'doing,' the institution leverages a diverse workforce of faculty and staff to foster a dynamic learning environment. The university provides a comprehensive range of educational opportunities and maintains a strong commitment to equal employment and institutional equity.

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