Accounts Payable and Banking Executive

Overview
The Economist Group (TEG) delivers analysis and insights worldwide. This position is part of the Accounts Payable and Banking team based in the US region.

The Role
The Accounts Payable and Banking Executive will manage end‑to‑end accounts payable operations and banking activities for the US region, including invoice processing, vendor management, payment execution, bank reconciliations, and ensuring compliance with internal controls and financial policies.

Responsibilities

Accounts Payable Management

Process vendor invoices accurately and in a timely manner in ERP systems (e.g., PeopleSoft, Oracle, SAP).

Coordinate with internal stakeholders to obtain invoice approvals and resolve discrepancies.

Manage vendor queries and maintain strong relationships with US vendors.

Monitor invoice aging and ensure payments are processed within agreed payment terms.

Review credit notes, adjustments, and check for duplicate invoices.

Prepare and process weekly/bi‑weekly payment runs for US vendors.

Execute vendor payments via ACH, wire transfers, and checks.

Ensure compliance with the company’s payment authorization matrix and internal controls.

Maintain payment documentation and audit trails.

Review and validate vendor creation requests for the US region.

Maintain a repository of invoice documentation and supporting records, including hard copies where required.

Ensure compliance with US accounting standards and company policies.

Assist with 1099 reporting and maintain vendor tax documentation (W‑9 forms).

Manage the corporate credit card program, ensuring full documentation, monitoring balances, handling disputes, and filing applications for new cards.

Coordinate with regular vendors to ensure timely resolution of invoice and payment issues.

Banking Operations

Monitor daily bank transactions for US bank accounts.

Manage check issuance and related payment processes.

Support opening and closing of bank accounts when required.

Post bank entries including bank fees, FX differences, and other adjustments.

Coordinate with banks for payment confirmations, banking queries, and issue resolution.

Manage US payroll payments and ad‑hoc payment requests when required.

Perform and maintain bank reconciliations using reconciliation tools (e.g., BlackLine).

Who you are

Demonstrated experience in Accounts Payable and Banking operations.

Hands‑on experience handling US region transactions and vendors.

Experience with ERP systems such as PeopleSoft, SAP, Oracle, or similar.

Knowledge of ACH, wire payments, check processing, and US banking practices.

Experience with bank reconciliations and financial close processes.

Familiarity with reconciliation tools such as BlackLine is preferred.

Strong attention to detail and problem‑solving skills.

Good communication skills to interact with US stakeholders and vendors.

Preferred qualifications

Bachelor’s degree in Accounting, Finance, or Commerce.

Experience in shared services or global finance teams.

Knowledge of US GAAP basics.

Working Arrangements
The majority of our roles operate on a hybrid working pattern, with 3+ days office attendance required.

What we offer

Competitive salary range of $59,000–$82,000, based on factors such as skills, experience, and qualifications.

Competitive pension or 401(k) plan.

Private health insurance.

24/7 access to counseling and wellbeing resources through our Employee Assistance Program.

Benefits such as paid parental leave, dedicated days for volunteering, and support for relocation.

Access to The Economist content, including subscriptions, apps, and podcasts.

#J-18808-Ljbffr