Job description
In 2022, Meritor, Inc. was acquired by Cummins Inc., combining the capabilities, talent and resources of our two companies. Now a business unit within Cummins’ Components segment called Cummins-Meritor, we provide a range of industry-leading components, including axles, brakes, suspensions, drivelines and aftermarket parts, for the commercial vehicle and industrial markets.
It’s an exciting time to be part of Cummins-Meritor, and we’re looking for team members to help us bring big ideas to life. Apply today to create new possibilities.
- Hybrid Position: The role will allow employees to work offsite but will also require onsite work-based business needs.
Overview
The Accounts Payable (AP) Payment Specialist will focus primarily on support of the Accounts Payable teams’ payment activities. Specifically, this will involve successfully working with various team members and other groups daily to ensure accurate and successful vendor payments. It will also involve working very closely with another member of the team in the same position to ensure all daily and monthly activities are completed timely and accurately. The AP Payment Specialist will also be responsible for partnering with team members to identify and support payment issues which can include ACH Bank returns, ERP system issues and other various payment problems. In this role we are looking for an individual with previous experience, who is highly organized and can multi-task well between various activities. The AP Payment Specialist will report to the Manager of Shared Services Processes.
Job Responsibilities:
- Ensure timely and accurate audit, approval, and submission of daily/weekly vendor payments
- Continuously look for ways to improve the payment process and working capital initiatives
- Work with Information Systems personnel to complete testing on identified issue resolution and support of company initiatives
- Work with appropriate teams to integrate non-FSSC sites into the Shared Services model
- Optimize vendor payments per due date to minimize both paying late or paying early
- Manage coordination between other functions to troubleshoot issues
- Builds team orientation and promotes core values and organizational learning
- Ensure thorough documentation of key tasks and processes
- Maintains a working knowledge of Meritor Accounts Payable operations, procedures, and policies
Job Requirements:
QUALIFICATIONS
- Bachelor’s degree in Business, Accounting, Finance, or similar area required
- 3 years previous experience in a high-volume Finance or Shared Services environment
- At least 1-year previous experience in a high-volume payments position
- Ability to analyze data to identify issues, root-causes, and implement corrective actions
- Experience within ERP system(s); Oracle specific experience is a plus
- Must have ability to work effectively in a large, multi-level, geographically dispersed organization
- Must be able to manage multiple work assignments in a fast-paced environment
- Knowledge of Accounting and Accounts Payable principles
- Intermediate level Excel and Microsoft Word skills
- Strong customer service orientation and follow-up skills
- Ambitious, motivated, and well-organized self-starter focused on details, accuracy, and continuous improvement
- Excellent communication, presentation, organizational, and multi-tasking skills
This position is eligible for Cummins-Meritor’s Incentive Compensation Plan, which offers payouts based on company performance.
Benefits
Cummins-Meritor provides a comprehensive total rewards benefit program. Options include medical, dental, vision, Health savings account, flexible spending accounts, retirement savings plan, sickness and accident benefits, life insurance, paid vacation & holidays, employee assistance program, vehicle discounts and more.
Diversity Statement
At Cummins-Meritor, all are welcome. Our focus is on creating a people-focused culture that enables each one of us to perform at our best. Celebrating the uniqueness of our individual team members helps us build diverse teams where we all can thrive. At Cummins-Meritor, we run together. You belong here.
Equal Employment Opportunity Statement
Cummins-Meritor is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.
#LI-MF1 #LI-Hybrid
Meritor is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.
Job Snapshot
Employee Type
Full-TimeStreet Address
2135 West Maple RoadLocation
Troy, MIJob Type
OtherExperience
Not SpecifiedDate Posted
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