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Accounts Payable Analyst

Company: Ventura Foods
Location: Brea
Posted on: January 20, 2023

Job Description:

-Location: -Remote -Exemption: -Exempt - -OUR COMPANY:Ventura Foods is a leading global manufacturer of branded and custom food products that proudly helps food providers in the U.S., Canada and more than 60 other countries earn a special place on consumers' tables. - We do this by continually crafting custom dressings, sauces, mayonnaises, and other food solutions that exceed peoples' expectations for great-tasting flavors and high-quality ingredients.Headquartered in Brea, California, Ventura Foods operates 14 manufacturing facilities, 3 culinary centers, and numerous distribution centers across North America. When you work in our manufacturing and distribution facilities, you get a strong foundation of training, a manager who cares about you and celebrates your success, a safe environment, and challenging work. - As part of our team, your future is limited only by how much you're willing to push yourself to get there. We invest in your growth, because you invest in ours.Position Summary:Understand full cycle accounts payable with the ability to work independently and perform at high levels in a fast paced ever-changing work environment. - Responsible for preparing analysis reports (eg. aging by vendor, aging trends, DPO), processing of invoices and exceptions, and assisting with ad hoc projects as assigned. Identifies improvements in current role and acts as business partner to organization. -Promotes a professional and positive work environment for the team. Position has contact with all levels of management as well as customers, vendors and consultants.Major Duties and Responsibilities:Prepare daily, weekly, and monthly reports (eg. agings, vendor adds/changes, vendors limits vs. volume trend) and provide analysis for trends, cash requirements for payments, etc. Prepare working capital metrics around DPO (days payable outstanding, oil vs. non-oil terms) and track progress. -Perform daily and monthly AP functions as assigned. Assist in the month end close process. Review transactions and validate invoices to ensure adherence to policies and procedures. Prepare and run reports for manager review. -Focus on continually seeking out process improvement and best practrice opportunities, including better use of systems, elimination of waste, enhanced use of technology, and refinement of processes.Responsible for ensuring timely payments including Checks, ACH payments, Wires and Virtual card, while adhering to departmental procedures. Including but not limited to: payment setup (check, ACH or virtual card), research and resolve all outstanding checks, voiding and re-issuing checks when needed and working closely with Treasury department to troubleshoot payment issues.Act as headquarters lead contact to international subsidiary locations, addressing inquiries as appropriate. -Perform additional duties and responsibilities as identified by the AP Manager including ad hoc projects including Strategic initiatives - Analysis of vendor credit limits; alignment of vendor terms (Net 30, Net 60) -Provide post go-live metrics for Coupa Implementation (ie. invoices auto-matched vs exceptions, frequency of same exception, etc)Audit requests (eg. parent company audit, sales and use tax audits, income tax audits). Fuel for growth opportunities (eg. offsite storage costs or stale records/past record retention).Responsible for system administration and user support for various systems impacting AP (JDE, Concur, Coupa). -Monitor and update timeline for system changes and upgrades (primarily JDE and Coupa), documenting and updating desktop procedures for systems as necessary and coordinating training with AP team. -Education and Experience:Requires Bachelor s Degree. Two years related experience in Accounts Payable field preferred.Knowledge and Skills:Working knowledge of general accounting principles and practices.Effective, professional verbal and written communication skills with the ability to convey information in a clear and concise manner. -Ability to interact with all levels of management. Requires leadership and teambuilding skills.Proficiency in Excel and Word. -Prior JD Edwards/Oracle and Coupa experience is desirable. -Ability to exercise good judgment and work ethic. -Diversity & Inclusion:Our commitment to a diverse and inclusive environment in which all employees are treated with respect is evident in our company culture and values. We believe that fostering an environment of inclusion and a focus on diversity across our organization is vital to attracting top talent, driving innovation, and meeting the high expectations of our customers in a rapidly evolving global marketplace. -Ventura Foods is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.

Keywords: Ventura Foods, Fullerton , Accounts Payable Analyst, Professions , Brea, California

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