Job Posting:
Since 1953, Ferguson has been a source of quality supplies for a variety of industries. Together We Build Better infrastructure, better homes and better businesses. We exist to make our customers' complex projects simple, successful, and sustainable. We proactively solve problems, adapt and grow to continuously serve our customers, communities and each other. Ferguson, a Fortune 500 company, is proud to provide best-in-class products, service and capabilities across the following industries: Commercial/Mechanical, Facilities Supply, Fire and Fabrication, HVAC, Industrial, Residential Trade, Residential Building and Remodel, Waterworks and Residential Digital Commerce. Ferguson has approximately 36,000 associates across 1,700 locations. Ferguson is a community of proud associates who operate with the shared purpose of building something meaningful. You will build a career that you are proud of, at a company you can believe in.
The Accounts Payable Analyst (Financial Cash Disbursements Analyst) will help handle all financial disbursements for indirect and direct payables, which total more than $1.5B per month. This role will fully understand the procure to pay cycle but will focus on the cash disbursement side. This role will ensure the daily operations of the FCD team and provide strategic initiative and process improvement.
Location:
This role is open to remote work across the United States. Working east coast hours is required.
Responsibilities:
Research and analyze check file processes using established guidelines and resources to ensure they are processed with the highest degree of efficiency.
Work with a variety of software programs and have strong attention to details
Perform regular reconciliations of accounts payable transactions to ensure accuracy and completeness
Navigate, research, and analyze system data and knowledge documents to respond to inquiries accurately and advise on root cause to resolve the issue.
Enter domestic and foreign wires
Work with Accounting group to resolve outstanding items on the bank statement
Assist in internal and external audits by providing vital documentation and reports
Send weekly reports to the appropriate departments for errors, critical issues, frozen vendors, manual checks, and other applicable information stemming from the payment cycles.
Exhibit understanding of three-way match processes, vendor discounts, and payment terms.
Work autonomously in completing all assigned tasks and ensuring other check processes are being performed according to guidelines.
Identify and resolve issues related to vendor invoices, payment discrepancies, and other accounts payable matters.
Develop and implement strategies to streamline disbursements processes and enhance efficiency.
Arrange the division of payment files to take on those with the highest rate of immersion needed to protect discounts and ensure all work is completed thoroughly.
Identify and resolve ways to preserve discounts that would be missed throughout a standard processing cycle.
Take on administrative functions outside of the disbursements process that are pertinent to the day-to-day operations of the department.
Generate and communicate presentations to large groups.
Ensure awareness of cross-functional policies and procedures.
Obtain and analyze quantitative and qualitative data of business processes to determine solutions and promote data driven decisions.
Collaborate and communicate with internal and external business partners on findings and areas needing improvement.
Analyze processes and workflows to understand value chain, input/output, and to improve and/or automate business performance.
Monitor key performance indicators, determine gaps, and recommend/implement change management techniques for efficiency and process improvements.
Conduct training.
Prepare departmental reports or charts.
Perform other duties or special projects as assigned that are specific to the essential operations of Financial Cash Disbursements.
Qualifications:
College degree preferred.
Minimum of 1- 3 years' experience within the payment processing space or the equivalent and exposure to other functions of the AP process preferred.
Effective analytical, reconciliation and reasoning skills to include summarizing information and clearly identifying key elements, trends, results or relationships.
Identifies source of the challenge and exercises initiative while using good judgment to both make decisions and provide solution.
Ability to handle and analyze large amounts of data accurately while maintaining timelines/deadlines/resources adjusting with job objectives.
Strong use of Microsoft Office software (Outlook, Word, Excel, Teams, Access, etc.), with Excel being intermediate.
Strong attention to detail and excellent interpersonal skills.
Strong written and verbal communication skills.
At Ferguson, we care for each other. We value our well-being just as much as our hard work. We are committed to a holistic approach towards benefits plans and programs that support the mental, physical and financial well-being of our associates. Our competitive offering not only includes benefits like health, dental, vision, paid time off, life insurance and a 401(k) with a company match, but our associates also enjoy additional meaningful and inclusive enhancements that are adaptable to their diverse situations and needs, including mental health coverage, gender affirming and family building benefits, paid parental leave, associate discounts, community involvement opportunities and more!
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Pay Range:
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$2,475.00 - $4,766.30
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Estimated Ranges displayed are Monthly for Salaried roles OR Hourly for all other roles.
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This role is Bonus or Incentive Plan eligible.
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Ferguson complies with all wage regulations. The starting wage may be higher in certain locations based on local or state wage requirements.
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The Company is an equal opportunity employer as well as a government contractor that shall abide by the requirements of 41 CFR 60-300.5(a), which prohibits discrimination against qualified protected Veterans and the requirements of 41 CFR 60-741.5(A), which prohibits discrimination against qualified individuals on the basis of disability.
Ferguson Enterprises, LLC. is an equal employment employer F/M/Disability/Vet/Sexual Orientation/Gender Identity.
Equal Employment Opportunity and Reasonable Accommodation Information (https://www.ferguson.com/content/careers/reasonable-accommodation)
