Location: Raleigh,NC, USA
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?.
Job Responsibilities
* Enter Workday ERP system vendor banking instructions for all electronic payment methods such as Swift wires and ACH credits.
* Research and verify vendor banking instructions through online verification system checks and vendor callbacks for independent verbal confirmations.
* Screen all new vendors to protect the company from agreements with any prohibited vendors based on applicable screening systems.
* Manage vendor master maintenance based on results of ongoing vendor risk screening and vendor bank account updates including set up, changes, deactivations, payment holds and all related supporting documentation.
* Partner with Treasury for regular bank record cleanups to assure alignment between teams.
* Apply knowledge of fraud protection measures to protect Arch from fraudulent payment while maintaining the integrity of our vendor master database.
* Monitor and help evaluate vendor payment methods.
* Research and provide information in response to requests from leadership.
* Identify opportunities for process improvements and efficiency enhancements within the vendor management area of accounts payable.
* Effectively connect with vendors, banks and internal customers effectively to achieve results and remove bottlenecks.
* Ensure that policies and procedures are in accordance with SOX documents.
Skills and Qualifications
* Associate's degree in accounting or finance.
* 5+ years specializing in AP, vendor management or related experience.
* Microsoft Office (Word, Excel, Outlook); Workday ERP preferred.
* Strong attention to detail, ability to follow procedures and structured workflow, skills in data analysis, problem-solving, verbal and written communication, and research.
* Demonstrates commitment to maintaining quality standards with a proactive and ownership-driven approach to tasks.
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Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.
10200 Arch Capital Services LLC