Willis Towers Watson
Senior Accounts Payable/Staff Accountant
Posted on Nov 18 Fort Lee, NJ 342 views
When you become part of TRANZACT, you join a team of passionate people who push for excellence, follow through on commitments, and love to succeed together. Our culture rests on a simple principle – “Be Real” – that means being genuine, keeping your word, and having the courage to make tough decisions. Our “Be Real” values resonate and are meaningful to us. We are entrepreneurial, fast paced and empower our people. We know how to make things happen and know that our people are always the source of our success.
• Maintain strong relationships with vendors, addressing and resolving payment discrepancies, and responding to inquiries promptly
• Help to maintain Cash flow file by collecting weekly and monthly cash flow projections by vendor
• Manage the vendor onboarding process, ensuring all necessary documentation is collected, and vendors are compliant with company requirements
• Accurately assign general ledger codes to invoices, ensuring proper expense classification
• Ensure all invoices and payments adhere to the company’s financial controls and approval policies, managing end-to-end approval workflow
• Work closely with cross-functional teams (procurement, operations, and finance) to ensure smooth communication and resolution of any invoice discrepancies or payment issues
• Ensure all expenses are accurately recorded and collect accrual estimates from the vendors for the month-end-close
• Prepare and analyze AP-related financial reports to support management in decision-making.
• Assist with internal and external audits by providing necessary documentation and explanations
• Ensure AP activities comply with company policies, regulatory requirements, and internal financial controls.
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation.
The base salary compensation range being offered for this role is $65,000 to $75,000 USD per year.
This role is also eligible to participate in the annual bonus program.
TRANZACT provides a competitive benefit package which includes the following (eligibility requirements apply):
• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)
• Retirement Benefits: Savings Plan with annual nonelective company contribution.
• Strong attention to detail and ability to analyze financial data
• Ability to work independently and as part of a team
• Experience working with Oracle a plus
• Ability to independently troubleshoot payment and invoice discrepancies and provide resolution
• Proficiency in Excel (pivot tables, VLOOKUPs)
• Excellent verbal and written communication skills to work effectively with vendors, other departments, and internal teams
• Demonstrated ability to work cross-functionally with other departments to resolve issues and improve processes
• Proven ability to manage multiple tasks and meet deadlines in a fast-paced environment.
• 5+ years of accounts payable experience
TRANZACT is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Equal Opportunity Employer / Disability / Vet
How the Position Works
We are seeking a detailed- oriented and experienced Senior Accounts Payable/Staff Accountant to join our accounting team. The ideal candidate has a strong background in accounts payable functions, with proven ability to manage accurate and timely payment of invoices, maintaining vendor relationships, and improving AP workflows. The Senior Accounts Payable/Staff Accountant will also play a key role in the monthly closing process and financial reportingThe specific responsibilities include
• Review, verify, and process high-volume vendor invoices in accordance with company policies• Maintain strong relationships with vendors, addressing and resolving payment discrepancies, and responding to inquiries promptly
• Help to maintain Cash flow file by collecting weekly and monthly cash flow projections by vendor
• Manage the vendor onboarding process, ensuring all necessary documentation is collected, and vendors are compliant with company requirements
• Accurately assign general ledger codes to invoices, ensuring proper expense classification
• Ensure all invoices and payments adhere to the company’s financial controls and approval policies, managing end-to-end approval workflow
• Work closely with cross-functional teams (procurement, operations, and finance) to ensure smooth communication and resolution of any invoice discrepancies or payment issues
• Ensure all expenses are accurately recorded and collect accrual estimates from the vendors for the month-end-close
• Prepare and analyze AP-related financial reports to support management in decision-making.
• Assist with internal and external audits by providing necessary documentation and explanations
• Ensure AP activities comply with company policies, regulatory requirements, and internal financial controls.
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation.
Compensation
The base salary compensation range being offered for this role is $65,000 to $75,000 USD per year.
This role is also eligible to participate in the annual bonus program.
Company Benefits
TRANZACT provides a competitive benefit package which includes the following (eligibility requirements apply):
• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)
• Retirement Benefits: Savings Plan with annual nonelective company contribution.
What you need to be successful
• Bachelor’s degree in accounting• Strong attention to detail and ability to analyze financial data
• Ability to work independently and as part of a team
• Experience working with Oracle a plus
• Ability to independently troubleshoot payment and invoice discrepancies and provide resolution
• Proficiency in Excel (pivot tables, VLOOKUPs)
• Excellent verbal and written communication skills to work effectively with vendors, other departments, and internal teams
• Demonstrated ability to work cross-functionally with other departments to resolve issues and improve processes
• Proven ability to manage multiple tasks and meet deadlines in a fast-paced environment.
• 5+ years of accounts payable experience
TRANZACT is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Equal Opportunity Employer / Disability / Vet
