Accounts Payable Assistant Goals and Objectives Examples
Process invoices accurately and in a timely manner.
Ensure compliance with company policies and procedures.
Maintain accurate records and documentation.
Communicate effectively with vendors, coworkers, and management.
Identify opportunities for process improvement.
Monitor accounts payable aging report to ensure payments are made on time.
Reconcile vendor statements to resolve discrepancies.
Assist with month-end closing procedures.
Manage and track expenses related to accounts payable.
Collaborate with other departments to resolve issues related to accounts payable.
Analyze data and provide reports as needed.
Develop and maintain relationships with vendors.
Identify cost savings opportunities.
Comply with tax regulations related to vendor payments.
Ensure accuracy of 1099 forms for vendors.
Assist with audits related to accounts payable.
Provide support for ad hoc projects as needed.
Research and resolve payment inquiries from vendors.
Verify accuracy of employee expense reports before processing.
Assist with processing employee reimbursements.
Manage petty cash transactions and reconciliation.
Respond to requests for documentation from auditors or other stakeholders.
Review invoices for appropriate approval and coding prior to payment.
Work with procurement team to ensure purchase orders are properly created and executed.
Ensure vendor information is accurate and up-to-date in the system.
Build strong relationships with internal customers to improve efficiencies.
Effectively analyze data for trends and proactively identify potential issues.
Manage invoice approvals workflow within the system.
Assist with developing process improvements related to expense reporting.
Maintain confidentiality of financial information.
Follow up on invoice discrepancies with vendors, purchasing, and receiving departments.
Stay up-to-date on changes in accounting rules and regulations related to accounts payable.
Continuously evaluate processes for opportunities to streamline and automate.
Maintain a high level of accuracy and attention to detail.
Ensure compliance with established internal controls.
Provide excellent customer service to vendors and internal customers.
Develop and maintain expertise in accounts payable systems and processes.
Manage electronic filing system for accounts payable documentation.
Reconcile accounts payable to general ledger.
Assist with monthly accruals related to accounts payable.
Verify accuracy of sales tax calculations on invoices.
Prepare and maintain journal entries related to accounts payable.
Process wire and ACH payments to vendors.
Assist with international vendor payments and compliance with foreign tax regulations.
Respond to inquiries from vendors and internal customers in a timely manner.
Assist with the preparation of annual 1099 forms for vendors.
Handle confidential information with discretion and professionalism.
Foster a positive work environment through teamwork and collaboration.
Track and report on key performance indicators related to accounts payable.
Communicate effectively with team members and management regarding issues and opportunities for improvement.
Analyze invoice data for potential cost savings opportunities.
Work with IT department to troubleshoot system issues related to accounts payable.
Participate in cross-functional teams to improve processes and resolve issues.
Build and maintain strong relationships with external auditors related to accounts payable.
Develop training materials and conduct training sessions related to accounts payable.
Ensure compliance with Sarbanes-Oxley regulations related to accounts payable.
Manage intercompany transactions related to accounts payable.
Monitor and track vendor credits to ensure they are applied correctly.
Build and maintain relationships with banks and other financial institutions related to accounts payable transactions.
Assist with forecasting cash flow related to accounts payable payments.
Conduct periodic audits of accounts payable processes for compliance and efficiency.
Develop and maintain SOPs related to accounts payable.
Respond to inquiries related to tax forms and documentation from vendors and internal customers.
Complete special projects as assigned by management.
Continuously evaluate vendor relationships for opportunities to improve purchasing agreements.
Assist with the preparation of annual budgets related to accounts payable.
Manage direct debits and automatic payments to vendors.
Participate in system upgrades and implementations related to accounts payable.
Ensure compliance with state and local tax laws related to accounts payable.
Develop and maintain strong relationships with key stakeholders related to accounts payable.
Monitor accounts payable aging report for potential issues or delays in payment processing.
Participate in cross-functional teams to improve overall financial processes and controls.
Develop and maintain a thorough understanding of the organization's business model and objectives.
Collaborate with procurement team on supplier management initiatives.
Streamline invoice processing through use of OCR technology.
Manage vendor contracts and negotiate terms and pricing as needed.
Use data analytics to identify trends and opportunities for improvement within accounts payable processes.
Maintain a safe, clean, and organized work environment.
Continuously seek out training and development opportunities related to accounts payable.
Foster an environment of continuous improvement within the accounts payable function.