Accounts Payable Specialist

Job Description

Accounts Payable Specialist | Kratos Industries – KPSM

The Tone:
This is a full-time, in-office role at Kratos Industries (KPSM), located in Arvada, CO. The company is actively seeking a highly organized Accounts Payable Specialist to join its dedicated finance team. This position is essential for accurately and timely managing the company’s outgoing financial transactions with a strong focus on integrity. The role requires dedication to maintaining strong vendor relationships and ensuring all financial data is meticulously recorded in accordance with company policies and established accounting best practices.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: In-person, Arvada, CO
• Pay: $60000–$80000 yearly
• Team: Finance team
• Mission: To accurately, timely, and compliantly process all company outgoing financial transactions, maintain strong vendor relationships, and ensure robust financial data integrity.

What You’ll Actually Do
• Invoice Processing: You will be responsible for receiving, meticulously reviewing, and verifying all invoices for accuracy, proper coding, and strict compliance with Kratos Industries’ company policies. This includes accurately entering invoices into the accounting system and efficiently matching purchase orders, contracts, and packing slips with corresponding invoices to ensure completeness.
• Payment Execution: You will prepare and process various payment methods, including executing regular check runs, ACH payments, wire transfers, and credit card transactions, ensuring all payments are made in a timely and accurate manner.
• Vendor Management: You will maintain comprehensive and accurate vendor records, ensuring all contact and payment information is consistently up-to-date. This involves professionally responding to vendor inquiries, proactively resolving any discrepancies or issues, and regularly reconciling vendor statements to confirm all outstanding invoices are accounted for.
• Expense Report Review: You will diligently review and process employee expense reports, ensuring full compliance with company guidelines and policies. This includes verifying proper documentation, obtaining all necessary approvals, and ensuring adherence to established expense policies.
• Financial Reporting & Compliance: You will actively assist with critical month-end closing activities, including the preparation of AP accruals and detailed reconciliations. Additionally, you will generate insightful reports related to accounts payable activity, aging, and crucial cash requirements, and provide comprehensive support for internal and external audits by supplying necessary documentation.

The Must-Haves
• Background: A foundational understanding of core accounting principles, financial data integrity, and adherence to established accounting best practices and standards.
• Experience: Prior demonstrated experience in accounts payable functions, encompassing detailed invoice processing, efficient vendor management, and thorough employee expense report review.
• Skills: Meticulous attention to detail, highly organized record-keeping, proficiency in managing financial data, the ability to professionally resolve discrepancies, and a strong commitment to ensuring compliance with internal controls and regulatory requirements.