Job Description

Accounts Payable Specialist – Kratos Industries

Location: 6255 Joyce Dr, Arvada, CO 80403

Job Type: Full-time, In-office (not remote or hybrid)

Hours: Monday – Friday, 7:30 AM – 4:00 PM

Pay Range: $60,000 – $80,000 Annually (based on prior experience)

Kratos Industries (KPSM) is seeking a meticulous and highly organized Accounts Payable Specialist to join our finance team. This in-office role is critical for managing the company’s outgoing financial transactions with a focus on accuracy, timeliness, and integrity. The ideal candidate will thrive in a fast-paced environment and be dedicated to maintaining strong vendor relationships and ensuring financial data is recorded in accordance with company policies and accounting best practices.

Role And Responsibilities

INVOICE & PAYMENT PROCESSING

• Receive, review, and meticulously verify invoices for accuracy, proper coding, and strict compliance with company policies.
• Accurately enter invoices into the accounting system, ensuring timely processing and payment.
• Efficiently match purchase orders, contracts, and packing slips with corresponding invoices to ensure completeness.
• Prepare and process various payment methods, including regular check runs, ACH payments, wire transfers, and credit card transactions.

VENDOR MANAGEMENT

• Maintain comprehensive and accurate vendor records, ensuring contact and payment information is up-to-date.
• Professionally respond to vendor inquiries and proactively resolve any discrepancies or issues in a timely manner.
• Regularly reconcile vendor statements to confirm all outstanding invoices are accounted for and addressed.

EXPENSE MANAGEMENT

• Review and process employee expense reports, ensuring full compliance with company guidelines and policies.
• Verify proper documentation, obtain necessary approvals, and ensure adherence to expense policies.

MONTH-END & REPORTING

• Actively assist with critical month-end closing activities, including the preparation of AP accruals and detailed reconciliations.
• Generate insightful reports related to accounts payable activity, aging, and crucial cash requirements.
• Provide comprehensive support for internal and external audits by supplying necessary documentation and promptly responding to requests.

COMPLIANCE & PROCESS IMPROVEMENT

• Ensure strict adherence to internal controls, established accounting standards, and relevant regulatory requirements.
• Proactively identify opportunities to streamline existing Accounts Payable processes and enhance overall efficiency.
• Support the successful implementation of new systems or tools that impact accounts payable operations.

Benefits

Kratos Industries is committed to providing a comprehensive benefits package to eligible full-time employees, including:

• Legally Mandated Benefits: Workers’ Compensation and Unemployment Insurance.
• Health & Wellness: Health insurance, vision, and dental insurance.
• Financial Security: Life insurance and an array of voluntary plans.
• Retirement Planning: Kratos currently offers a 4% matching 401(k) plan.

Eligibility for regular full-time employee benefits is subject to the specific requirements and terms and conditions of each benefit plan.

PERFORMANCE BONUS

Employees are eligible to receive an annual bonus, which is based on the company’s overall performance and the achievement of specific EBITDA goals annually.