Accounts Payable Specialist

Discover Financial Services

3.4

(14)

Riverwoods, IL

Why you should apply for a job to Discover Financial Services:

  • 57% say women are treated fairly and equally to men
  • 82% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.

    #R43644

    Position summary

    Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.

    Concur Expense Audit

    • Audit & approve expense reports on a daily basis, verifying accuracy, justification, and required documentation to ensure employee reimbursement requests are in compliance with company policies.

    • Provide informal training as needed and offer continuous improvement ideas to system functionality.

    • Ad Hoc projects as assigned or Concur Reporting as requested.

    Vendor Setup & Update

    • Non-Zip vendor creations in Oracle, including legal settlement vendor setups, merchant, and death benefit vendors that're not going through Zip flows.

    • Monthly reviewing Legal settlement payments to complete Plaintiffs information, run Tin Matching, follow up with legal team for tin mismatching.

    • Performing daily Supplier Update Audit Report

    • Reviewing ACH Bank notification report weekly and submitting Vendor update request to correct banking information.

    Vendor and Customer Service Relationships

    • Answer employee questions related to expense reimbursement and invoice matters, including approval levels, documentation requirements and payment status.

    • Respond to Yammer or emails directly from the employee or supplier requesting information, maintain a professional attitude when interacting with internal and external customers in a manner that conforms to departmental standards.

    • Maintain a working knowledge of departmental and company accounting policies and procedures and be able to apply this knowledge to daily activities.

    Sox / Audit / Compliance:

    • Understand all AP Sox Controls.

    • Execute daily responsibilities in accordance with these controls.

    • 3Assist Internal and External Audit departments in research as appropriate.

    How You'll Do It

    • Ensures timely completion of transactional procurement to payment activities from requisition to disbursement. Gathers relevant supporting details from source reports and business partners. Identifies the root cause of issues and the appropriate resolutions.

    • Manages the flow of transactions through various internal and external systems. Supports system testing efforts, trouble shooting, and requirements gathering activities. Ensures the accuracy and integrity of information entered into the procurement to payment systems. Ensures transactions are appropriately reflected.

    • Identifies and implements control improvements and process efficiencies. Supports automations, cost reduction opportunities, system enhancements, and collaboration efforts.

    • Provides support and education to internal customers on processes, policies, and controls. Participates in cross-functional teams to support the advancement of priorities in areas of responsibility, new business initiatives, and resolution of production events.

    • Provides financial reporting, audits, and compliance to satisfy requests.

    Qualifications You'll Need
    The Basics

    • Bachelors Degree in Business Administration and Management, Accounting, Finance, or related

    • 1+ years of experience in Business, Accounting, Finance, or related

    • In Lieu of Education 4+ years of experience in Business, Accounting, Finance, or related

    Physical and Cognitive Requirements
    The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable a qualified individual with disabilities to perform the essential functions of the position as required by federal, state, and local laws:

    • Primarily move about the work environment.

    • No required movement about the work environment to complete the major responsibilities of the job.

    • Primarily performed indoors in an office setting.

    • Ability to communicate verbally.; Ability to communicate in written form.

    Bonus Points If You Have

    • 2+ years of experience in Business, Accounting, Finance, or related

    • Accounts Payable, P2P, or related Certification

    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.

    #LI-EB1

    Application Deadline:
    The application window for this position is anticipated to close on Jan-27-2025. 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 $60,000.00 to $93,200.00. 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.

    Why you should apply for a job to Discover Financial Services:

  • 57% say women are treated fairly and equally to men
  • 82% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.