Administrator - BEST Purchase to Pay jobs in United States
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L'Oréal · 1 week ago

Administrator - BEST Purchase to Pay

L'Oréal is a global leader in beauty innovation, dedicated to providing quality and efficacy in beauty products. The Accounts Payable Administrator is responsible for managing the financial aspects of the company's expenses, including processing invoices and reconciling accounts while mentoring team members and ensuring compliance with policies.

BeautyConsumer GoodsCosmetics

Responsibilities

Process high volume of invoices (100-120 a day)
Respond to internal and external customer inquiries including vendor and procurement issues
Reviewing purchase orders and resolving discrepancies through managing parked & blocked reports to facilitate timely vendor payments
Ensure invoices are posted according to terms to identify discount opportunities
Assists with accounting records for audit purposes
Reconcile monthly statements and transactions
Calculates and reports sales tax based on paid invoices
Monthly reconciliation of duplicate payment claims
Monthly reconciliation of affiliate invoices and statements
Ensure all vendor statements are properly reconciled to ensure timely GR/IR review
Accurate posting of in transit inventory
Daily interaction with divisional stakeholders to research discrepancies and find solutions to non-compliance issues
Prepare reports and analysis for senior leaders as required
Support internal audit requests
Participate in process improvement initiatives or other assigned projects
Have autonomy to electronically process accounts payable transactions by way of 3- way matching
Coordinate assigned activities within the accounts payable function to ensure accurate and timely payment processing through the use of SAP
Function as an AP Champion to ensure proper and consistent compliance with L’Oréal approved policies and procedures
Influence and work collaboratively with buyers, vendors and various business partners to gain resolution on parked and blocked invoices
Leverage customer service and communication skills to respond to internal and external customer inquiries including vendor statement reconciliation and procurement issues
Be empowered to think outside of the box and offer new and creative solutions and ways of working to improve our global business service center
Be involved in special projects that impact our business goals
Understanding of the proper Procure-to-Pay process (P2P) and proactively propose and support improvements of the P2P policies and procedures

Qualification

Accounts Payable ExperienceSAPAnalytical SkillsMicrosoft ExcelProcure-to-Pay ProcessCommunication SkillsProblem SolvingInterpersonal SkillsNegotiation SkillsTeam Collaboration

Required

3-5 years accounts payable experience required
Must work independently with minimum supervision
Thorough problem solving and well-developed analytical skills
Strong communication, influencing and negotiation skills
Must be proficient in Microsoft Excel (Intermediate or Advanced skills)
Must possess strong interpersonal skills and enjoy working in a highly networked and collaborative team environment
Very strong variance analysis research experience
Resourceful, resilient, and capable of managing complex journal entries
Must have a strong understanding of financial and operational controls
Ability to thrive in a dynamic, fast-paced work environment
Ability work in an open floor office environment

Preferred

SAP or similar big ERP experience

Benefits

Competitive Benefit Package (Medical, Dental, Vision, 401K, Pension Plan)
Hybrid Work Policy (3 Days in Office, 2 Days Work from Home)
Flexible Time Off (Paid Company Holidays, Paid Vacation, Vacation Buy Program, Volunteer Time, Summer Fridays & More!)
Access to Company Perks (VIP Access to L’Oréal’s Internal Shop for Discounted Products, Monthly Mobile Allowance)
Learning & Development Opportunities for Career Progression (Unlimited Access to E-learnings, Lunch & Learn Sessions, Mentorship Programs, & More!)
Employee Resource Groups (Think Tanks and Innovation Squads)
Access to Mental Health & Wellness Programs

Company

L'Oréal

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No.1 Beauty Group Worldwide. No.1 most innovative company in Europe (Fortune's ranking).

Funding

Current Stage
Late Stage

Leadership Team

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David Greenberg
CEO L’Oréal USA and President, North America Zone
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Haley Cohen
Chief of Staff to the CEO of L’Oréal USA
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Company data provided by crunchbase