Senior Requisition to Pay Specialist

Posted 6 Days Ago
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Chicago, IL
Hybrid
65K-110K Annually
5-7 Years Experience
Cloud • Fintech • Machine Learning • Analytics • Financial Services
We power a network that helps people achieve a brighter financial future.
The Role
The Senior Requisition to Pay Specialist will manage complex business activities, implement control improvements, support financial reporting and compliance, resolve escalated transactional issues in Procure to Pay, and provide training and support for various systems. They will collaborate with internal and external partners to ensure effective operations and adherence to Corporate policies.
Summary Generated by Built In

Discover. A brighter future.
With us, you'll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it - we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.
Come build your future, while being the reason millions of people find a brighter financial future with Discover.
Job Description:
Discover will not sponsor or transfer employment work visas for this position. Applicants must be currently authorized to work in the United States on a full-time basis
Ability to focus on several moderately complex business activities. Demonstrate subject matter expertise by advancing more technical concepts unique to role, problem-solving, and analysis. Regularly engaged with business partners or auditors to facilitate understanding of transactions and activities. Assess the design and operating effectiveness of the control environment over the areas of responsibility. Requires moderate degree of judgment for the appropriate application of Corporate Policy, GAAP, Regulation, or established framework. Regularly makes evaluations of facts and circumstances and is able to effectively communicate conclusions and recommendations for remediation or process improvements. Able to advance responsibilities and/or priorities largely independent of management oversight.
Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
Responsibilities

  • Independently identify and implement control improvements and process efficiencies relating to role, supporting automation, and a stronger control environment.
  • Compile statistical information, create and narrate initial draft reporting of P2P activities. Provide financial reporting, audit, and compliance support.
  • Resolve transactional escalations of more complex Procure to Pay activities to ensure proper application of system controls and appropriate application and enforcement of Corporate Expense policy. These activities require gathering the relevant supporting details from source reporting and/or business partners and taking action based on independent review. Demonstrate subject matter expertise and ability to apply independent judgment in decision-making to advance more technical components of one's own responsibilities. Facilitates timely execution of activities in preparation for sub-ledger close and subsequent month-end close.
  • Understand and manage the end-to-end flow of wide scope of open, current, and aged transactions through various internal and external P2P systems. Provide internal and external business partner support or first-level system support that proactively monitors, trouble shoots, analyzes, and initiates corrective actions to promptly resolve issues, restore service, implement changes, and escalate more complex issues to P2P Program Lead for analysis and issue resolution. As needs are identified, develop and customize training materials per requirements and present for scheduled and ad-hoc sessions.
  • Represent role and awareness of broader team functions in cross-functional teams to independently support the advancement of priorities in areas of responsibility, new business initiatives and/or resolution of production events, the scopes of which may evolve over time and be long-term in nature. Independently lead projects unique to the role and engage business and technology partners as needed to support advancement and implementation.


Minimum Qualifications
At a minimum, here's what we need from you:

  • Bachelor's Degree in Finance, Business, or related
  • 4+ years of experience in Procure to Pay, Finance, Business or related
  • In lieu of a degree, 6+ years of experience in Finance, Procure to Pay, Accounting, Payables, or related
  • P2P Certification


#LI-EB1
Application Deadline:
The application window for this position is anticipated to close on Sep-23-2024. We encourage you to apply as soon as possible. The posting may be available past this date, but it is not guaranteed.
Compensation:
The base pay for this position generally ranges between $65,000.00 to $109,800.00. Additional incentives may be provided as part of a market competitive total compensation package. Factors, such as but not limited to, geographical location, relevant experience, education, and skill level may impact the pay for this position.
Benefits:
We also offer a range of benefits and programs based on eligibility. These benefits include:

  • Paid Parental Leave
  • Paid Time Off
  • 401(k) Plan
  • Medical, Dental, Vision, & Health Savings Account
  • STD, Life, LTD and AD&D
  • Recognition Program
  • Education Assistance
  • Commuter Benefits
  • Family Support Programs
  • Employee Stock Purchase Plan


Learn more at mydiscoverbenefits.com .
What are you waiting for? Apply today!
All Discover employees place our customers at the very center of our work. To deliver on our promises to our customers, each of us contribute every day to a culture that values compliance and risk management.
Discover is committed to a diverse and inclusive workplace. Discover is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or other legally protected status. (Know Your Rights & Pay Transparency Nondiscrimination Provision)
Discover complies with federal, state, and local laws applicable to qualified individuals with disabilities and is committed to providing reasonable accommodations. If you require a reasonable accommodation to search for a position, to complete an application, and/or to participate in an interview, please email [email protected] . Any information you provide regarding your accommodation needs will be kept confidential and will only be used to determine and provide necessary accommodation.

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HQ: Riverwoods, IL
18,000 Employees
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Year Founded: 1986

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Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service. We support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.

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You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.

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