Payables & Compliance Analyst

This position leads activities in the accounts payable function and performs travel compliance. Ensures timely payments of vendor invoices and expense vouchers and maintains accurate records and control reports.Uses technical expertise and accounting knowledge to identify and resolve problems that occur during daily processing. Conducts financial analysis to ensure compliance with bank travel procedures and communicates to management and staff travel compliance issues and concerns as appropriate. 


·         Performs travel compliance reviews of all Fifth District and travel expenses in accordance with travel policies and procedures. 

·         Communicates to management travel compliance issues and concerns as appropriate and counsels Bank and FRIT outside contractors on acceptable travel related expense reimbursements. 

·         Serves as the liaison between Bank end users and buyers with regard to paying invoices against purchase orders. 

·         Reviews and analyzes vouchers against the vendor invoices to ensure completeness and accuracy before releasing the vouchers for payment. 

·         Ensures voucher corrections are processed accurately and timely. 

·         Communicates regularly with the Accounts Payable/Travel Supervisor regarding the activities in the AP/Travel Accounting functions. 

·         Ensures the timely response to requests from other departments, other Federal Reserve Districts and outside vendors and provides effective communication of outcomes. 

·         Works with vendors to obtain accurate supplier set up forms and work with the Accounts Payable shared services center to ensure accurate set up in Lawson ERP. 

​General Position Requirements: 

·         Education & Experience: Minimum of five years experience working with generally accepted accounting principles and experience in financial accounting. Requires a minimum of twenty four hours in accounting with a minimum of six semester hours in Principles of Accounting and six semester hours in Intermediate Accounting. Proven experience in reviewing travel related expenses for policy compliance. Bachelors’ degree in business, finance or accounting or equivalent experience (preferred). 

·         Knowledge & Skills: High degree of initiative, self-discipline and motivation. Proven expertise in problem solving, creativity and innovation to determine problem areas and Provide fresh approaches to solving problems. Demonstrated use of Microsoft Excel, Word and client/server applications, Demonstrated ability to handle multiple assignments and ad hoc requests, Excellent oral and written communication skills to deal effectively with all levels of Bank, Management and staff in other departments, Strong interpersonal skills to provide excellent customer service, Working knowledge of Lawson Financials highly desirable. Working knowledge of Ariba eProcurement highly desirable. 

·         Effective Communication – Actively listens to others to gain an understanding of different perspectives, provides useful and consultative feedback in a respectful manner, and communicates to appropriate parties immediately upon discovery of potential problems and ensures “no surprises”. 

·         Customer Focus – treats all customers with dignity, respect, and a welcoming attitude, keeps promises and commitments to customers/stakeholders, seeks and obtains mutual agreements to deadlines, quality standards, and other expectations important to the customer, and shows ownership by taking action to ensure customer needs are met. Drive for Success - Achieving results and delivering service excellence. 

·         Innovation - Generating valuable ideas and translating them into effective business solutions, Work Hours: Extended hours may be required to meet deadlines.