Accounts Payable Specialist

American General Supplies Inc

Accounts Payable Specialist

Gaithersburg, MD
Full Time
Paid
  • Responsibilities

    American General Supplies, Inc. – Gaithersburg, MD

    American General Supplies, Inc. (AGS), a leading commercial aircraft spare parts supplier located in Gaithersburg, Maryland, is seeking an Accounts Payable Specialist. This position requires you to be responsible for processing invoices, verifying financial data, reconciling accounts, and ensuring timely payments to vendors. Is highly organized, proficient in accounting software, and committed to maintaining accuracy and efficiency in financial transactions. Strong communication skills and the ability to work collaboratively are essential for success in this position.

    Position Summary:

    Responsible for managing and executing the organization's accounts payable functions, including processing invoices, reconciling statements and ensuring timely payments to vendors. Essential in maintaining accurate financial records, optimizing cash flow and building strong relationships with vendors. Typically works within the finance or accounting department and collaborates closely with other teams such as sales, customer service and billing.

    Key Responsibilities:

    Invoice Management

    Review, verify, and process vendor invoices for accuracy and proper authorization.

    Match invoices to purchase orders and resolve discrepancies promptly.

    Enter invoice data into the accounting system for payment processing.

    Payment Processing

    Prepare and process check payments and petty cash.

    Monitor payment schedules to ensure timely disbursements and avoid late fees.

    Address payment inquiries from vendors and internal stakeholders.

    Reconciliation and Reporting

    Reconcile vendor statements and resolve outstanding balances or discrepancies.

    Assist in month-end and year-end closing by reconciling accounts payable records.

    Generate and maintain accounts payable aging reports and payment activity summaries.

    Vendor and Internal Communication

    Serve as the primary contact for vendor inquiries regarding payments and account status.

    Collaborate with purchasing and receiving departments to resolve invoice disputes.

    Build and maintain positive relationships with vendors and internal teams.

    Compliance and Documentation

    Maintain organized and accurate records of invoices, payments, and correspondence.

    Ensure compliance with company policies, financial regulations, and tax requirements (e.g., 1099 reporting).

    Support internal and external audits by providing requested documentation and information.

    Process Improvement

    Identify opportunities to improve accounts payable processes and implement best practices.

    Utilize AP automation tools to enhance efficiency and accuracy.

    Stay updated on industry trends and new technologies in accounts payable management.

    Reporting Relationships:

    Position Reports to: Finance Manager

    Supervisory Responsibilities: None

    Requirements:

    Education

    High school diploma or equivalent required

    Bachelor’s degree in Accounting, Finance or a related field preferred

    REQUIRED KNOWLEDGE

    Strong understanding of accounting principles and practices, particularly in accounts payable management

    Knowledge of credit and collection laws and regulations is beneficial

    Familiarity with AP automation tools and electronic payment platforms

    Advanced Microsoft Excel skills, including data analysis and pivot tables

    Knowledge of accounts payable workflows, tax compliance (e.g., 1099), and vendor management

    EXPERIENCE REQUIRED

    2–4 years of experience in accounts receivable, billing or general accounting

    Experience with ERP systems and accounting software is essential (Peachtree)

    SKILLS & ABILITIES

    Excellent communication and interpersonal skills for effective interaction with customers and internal stakeholders

    Attention to detail and accuracy in processing invoices and payments

    Excellent organizational and time management skills

    Ability to work independently and collaboratively in a team environment

    Ability to prioritize tasks, manage workload efficiently and meet deadlines in a fast-paced environment

    Schedule

    Days: Monday-Friday

    Hours: 8:00AM – 4:00PM EST

    Work Location: Gaithersburg, MD

    Benefits

    Health insurance401(k)

    Dental insurance

    Vision insurance

    Disability insurance

    Life insurance

    Paid time off

    401 K

    To Apply: Please email your resume to HR@agsusa.com