Accounts Payable Specialist

Full Time
Jersey City, NJ 07311
Posted
Job description
The Position:
We are seeking a detail oriented and analytical Accounts Payable (AP) Specialists to join the AP Team in Jersey City, NJ!

As a valued member of our shared services team, you will be accountable for the timely turnaround of various disbursements. In this role, you will have the opportunity to gain experience in running payment cycles, reconciliation, and reporting.

This position is required to be onsite for training the first 2 weeks of employment. The onsite requirement thereafter will be 3x/week (days are flexible).

Job Responsibilities:
  • Audit and review daily payable requests for accuracy and proper documentation
  • Assist in SOX compliance by serving as key resource for pulling needed documentation and participating in walk-through sessions
  • Validate and approve new vendor setups (EFT Banking Info)
  • Run payment cycles (Checks, Wires, ACHs, etc.)
  • Handle queries from internal and external customers
  • Research outstanding and stale checks for escheatment
  • Run Daily Reconciliation Reports
  • Assist with quarter close deliverables
  • Additional responsibilities to assist management in Accounting Operations related to T&E, ERP project and future enhancements as well as upgrade testing
Required Skills/Experience:
  • Minimum of 2 years of experience in Accounts Payable preferably in an insurance industry
Desired Skills/Experience:
  • Knowledge of Great Plains or Accounting ERP, a plus
  • Strong written and verbal communication skills
  • Effective time management and problem solving skills
  • Work well individually and as part of a team
Education:
  • Bachelor’s degree in Accounting, Business or related field
The Company:
Arch Capital Group Ltd. is a Bermuda-based company which provides insurance, reinsurance and mortgage insurance on a worldwide basis. Arch Capital Services LLC provides support and expertise to entities across ACGL to help them operate effectively and efficiently.

With a company culture rooted in collaboration, expertise, and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Our Values — to work hard and smart, embrace the power of teamwork, continually pursue innovation and improvement, exhibit honest and integrity in all we do, and strive to make a difference — define and shape our behaviors and our culture.

We believe a diverse workforce and commitment to inclusivity help fuel our success. Our people are one of our greatest strengths, and we strive to attract, develop, engage and retain top talent with career opportunities and a comprehensive Benefits package. Learn more about #TeamArch and #LifeAtArch on our Careers page or on LinkedIn.

For individuals assigned or hired to work in Jersey City, New York City, and/ or Westchester County, the base salary range is $61,500 to $79,900 as of the time of posting. Position is incentive eligible.

Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above range may be modified in the future.

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