Accounts Payable Specialist

Accounts Payable Specialist

Feralloy, a leading and innovative steel processing company, is looking to add an Accounts Payable Specialist to our corporate office in Chicago, IL. This is your chance to join a team that values precision, efficiency, and excellence in everything we do.

As an Accounts Payable Specialist, youll play a key role in managing invoice processing, payments, and vendor relationshipshelping us maintain strong financial operations and support our continued growth.

Physical Requirements :

Walk (Move, Traverse), See (Detect, Determine, Perceive, Identify, Recognize, Judge, Observe, Inspect, Estimate, Assess), Talk / hear (Communicate, Detect, Converse with, Discern, Convey, Express oneself, Exchange information), Use hand / fingers to handle or feel (Operate, Activate, Use, Prepare, Inspect, Place, Detect, Position)

Function in the Job :

Sedentary Work- Exerting up to 10 pounds of force occasionally, and / or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

Job Function

• Invoice Management : Review, verify, and process vendor invoices; match to purchase orders; resolve discrepancies.
• Payment Processing : Prepare ACH, wire transfers, and checks; monitor schedules to ensure timely payments.
• Reconciliation & Reporting : Reconcile vendor statements; assist with month-end and year-end close; maintain aging reports.
• Vendor Communication : Act as primary contact for payment inquiries; collaborate with purchasing and receiving teams.
• Compliance & Documentation : Maintain accurate records; ensure compliance with policies and tax regulations; support audits.
• Process Improvement : Identify efficiency opportunities; implement AP automation tools; stay current on industry trends.

Required Skills :

Education : Associates or Bachelors degree in Accounting, Finance, or related field preferred.

Experience : 2+ years in accounts payable or similar accounting role.

Technical Skills : Proficiency in accounting software (ERP systems), Microsoft Excel, and AP automation tools.

Attention to Detail : Strong accuracy in data entry and financial recordkeeping.

Communication : Excellent verbal and written skills for vendor and internal team interactions.

Problem-Solving : Ability to resolve invoice discrepancies and improve processes.

Compensation Range :

The anticipated compensation for this position is USD $65,000.00 / Yr. - USD $65,000.00 / Yr. depending on experience, qualifications, and location.