Accounts Payable at Panasonic

Accounts Payable

The Accounts Payable is responsible for supporting the organization's financial and administrative functions to ensure accuracy, efficiency, and compliance in all related operations. Reporting to the Manager of Accounting, this role provides comprehensive financial, administrative, and clerical support. Key responsibilities include processing and monitoring payments and expenditures, maintaining accurate financial records. The incumbent ensures that all financial transactions are completed in a timely manner, and vendors and suppliers are paid within established deadlines. Through the effective execution of these duties, the Accounts Payable contributes to maintaining accurate financial data, supporting organizational compliance, and promoting a high level of service to both internal staff and external partners.

Key Responsibilities:

• Perform the day-to-day processing of accounts payable transactions to ensure that AP subledger and financial statements are maintained in an effective, up to date and accurate manner.
• Process approximately 150 vendor invoices per month
• Verify vendor invoices comply with the company's accounting policies and purchase requisitions
• Prepare payment batches, process wire-transfer in the bank portal and issue checks for the semi-monthly payment runs
• Download bank statements and record payments in the AP sub-ledger
• Vendor accounts maintenance in the accounting system and the form 1099 issuance
• Vendor interactions and invoice/payment research as requested by vendors
• Office admin tasks including purchase of office supplies, mail collection, and package receipts
• Assists Accounting Manager with month-end close activities
• Provide audit support for financial statement audits and various compliance audits
• Other tasks as assigned

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Education & Experience: Two years experience in Accounts Payable. Bachelor's/Associate's degree in Accounting, Finance, Business Administration or related field preferred.

LANGUAGE SKILLS Position requires a strong verbal & written communication skill.

MATHEMATICAL SKILLS Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.

REASONING ABILITY Ability to define problems, collect data, establish facts. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

OTHER SKILLS Intermediate knowledge in Excel, Outlook, and Microsoft Word. Requires excellent "customer service" skills. Self-motivated individual having the ability to multi-task without missing deadlines. Professional individual with a strong work ethic and a demonstrated team player.

Benefits & Perks - What's In It For You:

Panasonic prioritizes total well-being and offers comprehensive benefits options to support physical, emotional, financial, social, and environmental health:

Health Benefits Offering medical, dental, vision, prescription plans, plus Health Savings Account and Flexible Spending Account options.

Voluntary Benefits Life, accident, critical illness, disability, legal, identity theft, and pet insurance.

Panasonic Retirement Savings & Investment Plan (PRSIP) 401(k) plan with company matching contributions and immediate vesting.

Paid Time-Off Benefits Vacation, holidays, personal days, sick leave, volunteer, and parental & caregiver leave.

Educational Assistance Tuition reimbursement for job-related courses after six months of service.

Health Management and Wellbeing Programs Lifestyle Spending Account, EAP, virtual health management, chronic condition, neurodiversity, tobacco cessation, substance abuse support, and life stage and fertility resources.

Available to eligible employees starting the first day of the month following your start date. Eligibility for each benefit may vary based on employment status, location, and length of service.

Employee Recognition Program - High5 employee recognition and awards platform, quarterly and annual employee recognition

Annual Bonus Program - Opportunity for an annual performance-based bonus.

We Take Opportunity Seriously: At Panasonic, we are committed to a workplace that genuinely fosters inclusion and belonging. Fairness and Honesty have been part of our core values for more than 100 years and we are proud of our diverse culture as an equal opportunity employer. The minimum hourly wage for this role will be $21.00-$23.00 the greater of the posted range, or minimum wage for the location where the employee will be working, subject to local minimum wage requirements.