Accounts Payable Specialist

Job summary

The Accounts Payable Specialist manages day-to-day accounting transactions, including invoice processing, vendor profile setup, and weekly payment runs. They are also responsible for reconciling vendor statements, managing credit card transactions, and assisting with month-end and year-end audits.

Job details

Department of Position: Finance Reports to: Senior Manager, Finacial Accounting Existing vacancy: Yes – Open and available immediately Company Description For over 30 years, Lorex has been creating security systems designed to protect your home and business. Founded and headquartered in Canada, we’ve grown to become leaders in DIY (Do It Yourself) security, offering premium solutions built on innovation, reliability, and expertise that enhance your lifestyle and protect what matters most. Job Summary The Accounts Payable Specialist will report to the Senior Manager, Financial Accounting and work closely with other member of Accounting and Finance team. The Accounts Payable Specialist will be involved in the processing of day-to-day accounting transactions and maintain excellent relationship with external vendors and internal operational staff. Duties & Responsibilities: Set-up new vendor profiles, manage vendor accounts and reconcile vendor statements Solicit and verify invoices, accurately enter, and post invoices into SAP (PO and non-PO) Ensure invoices match purchase orders for processing project-related invoices Facilitate AP approval process conducted through external approval portal (RAMP) Obtain approval of invoices prior to payment Process weekly payment in the system (cheque run, EFT payment and wire transfer) Review and analyze Accounts Payable aging report Maintain key vendor actual expense tracker in timely manner Recoding transactions for credit card usages and doing necessary reconciliation Responding to internal & external inquiries in timely manner Prepare and submit credit application Coordinate with counterparties in other geographic regions to resolve intercompany related invoices and charges Prepare and review AP ageing report on a regular basis Communicates with suppliers/vendors, when necessary, to correct and modify invoices/payments Reviews and processes accounts payable transactions accurately and timely, ensuring proper procedures are followed and deadlines are met Assist with month-end / year-end accruals and audits Other duties as required Requirements: Knowledge, Skills and Abilities (KSAs) Degree in Accounting (or equivalent) preferred SAP ERP experience would be highly preferred Knowledge on AP processing platform (such as Ramp) would be an advantage Intermediate to advanced skills in Microsoft Office applications (Word & Excel) Excellent verbal and written communication skills Strong organizing, prioritizing and analytical skills High accuracy and attention to detail Ability to consistently meet deadlines A team player who works well with colleagues and contributes to a positive working environment Background Experiences 3-5 years of experience with accounts payable, accounts receivable, invoicing, payments, collections, and general accounting Lorex welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process. Please note that we use AI tools as part of our recruitment process to enhance efficiency and improve candidate experience.

What you’ll do

The Accounts Payable Specialist manages day-to-day accounting transactions, including invoice processing, vendor profile setup, and weekly payment runs. They are also responsible for reconciling vendor statements, managing credit card transactions, and assisting with month-end and year-end audits.

Requirements

Candidates should have 3-5 years of experience in accounts payable and general accounting, preferably with a degree in Accounting. Proficiency in SAP ERP and Microsoft Office is highly desired, along with strong organizational and communication skills.

Listed skills

• Time management · Preferred
• Attention to detail · Preferred
• Microsoft Excel · Preferred
• Microsoft Word · Preferred
• Communication Skills · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Accounts Payable
• SAP ERP
• Vendor Management
• Invoice Processing
• Bank Reconciliation
• Microsoft Excel
• Microsoft Word
• Financial Accounting
• Intercompany Accounting
• Account Reconciliation
• Credit Applications
• Analytical Skills
• Communication Skills
• Time Management
• Attention To Detail
• Ramp Platform

Job areas

• Finance & Accounting
• Manufacturing
• Administrative