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Velera

Accounts Payable, Specialist

Posted 5 hours ago
$19.18 - $23.99 per hour
2-5 years experience
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AI Summary

The Accounts Payable Specialist is responsible for auditing and processing vendor invoices, ensuring timely payments, and maintaining accurate general ledger coding. They also support month-end close activities, resolve invoice discrepancies, and assist with annual 1099 preparation and year-end audits.

Join the People Helping People

Velera is the nation’s premier payments credit union service organization (CUSO) and an integrated fintech solutions provider. The company serves more than 4,000 financial institutions throughout North America, operating with velocity to help our clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Our purpose: We accelerate partners’ success through innovative financial technology solutions and inspired service.

The Opportunity

The Accounts Payable Specialist will review and enter vendor invoices, perform basic trending analyses, interact with various departments and management, and ensure payments are made timely and in compliance with corporate policy. The AP Specialist will also provide support during month-end close as it pertains to AP trend review, invoice pulls, expense accruals, prepaid support, and all other items requested by the accounting team. 

Day in the Life

  • Processes and audits invoices for payment, including approvals and coding to the appropriate cost center and general ledger account in accordance with the company policies and procedures.

  • Responsible for processing payments weekly, as well as submitting remittances to vendors.

  • Responsible for saving all invoices and related support electronically in compliance with record retention policies.

  • Keeps track of credits owed to the company and ensures all credits are properly applied to vendor payments.

  • Resolve invoice discrepancies and issues promptly.

  • Reconciles payable reports each month to confirm that all amounts paid were accurate.

  • Responsible for submitting new vendor/supplier packet to leadership for Oracle setup, including, but not limited to: contract summary, W9 form, ACH form, approval from VMO and/or Procurement, etc.

  • Assists in preparation of annual 1099 forms.

  • Responds to all inquiries in a timely, professional, and efficient manner.

  • Assists with canceled payments, voided checks, and stop payments along with any required research.

  • Assists with providing support for year-end audit.

  • Assists with obtaining information for necessary accruals related to operational expenses in which an invoice has not yet been received.

  • Assists with operational reporting metrics for A/P and vendor spend.

  • Ability to work, adapt and be productive in a flexible environment .

  • Assists in the monthly review of the AP trend analysis report for month-end close.

  • Responsible for mailing checks in a timely manner.

  • All other duties as assigned.

Qualifications

  • Completion of high school or equivalent.

  • Minimum of two years accounts payable experience.

  • Accounting software, preferably Oracle, OnBase, and Great Plains.

  • Concur, Navan or other expense reporting applications.

  • Microsoft Office (Excel, Word, Outlook).

  • Provides excellent customer service and maintains a positive attitude.

  • Ability to initiate and maintain strong interdepartmental relationships.

  • Excellent verbal and written communication.

  • Excellent organization skills.

  • Detail and solution oriented.

  • Ability to meet deadlines and be accountable.

  • Self-starter, results driven and dependable.

  • Proficient in Excel.

  

About Velera

At Velera, inclusion isn’t an initiative – it’s how we work. Guided by a people‑helping‑people philosophy, we cultivate a culture where every employee feels valued, respected and empowered to do their best work. We’re committed to building a diverse workforce and fostering meaningful connection across our teams. Through a remote‑first, flexible environment, we prioritize psychological safety, wellbeing and belonging so individuals and teams can collaborate to thrive. Together, we’re shaping a new era of secure, innovative solutions for the clients and communities we serve. Learn more about what it’s like to work at Velera.

Pay Equity

$19.18 - $23.99

Actual Pay will be adjusted based on experience and other job-related factors permitted by law.

Great Work/Life Benefits!

  • Competitive wages

  • Medical with telemedicine

  • Dental and Vision

  • Basic and Optional Life Insurance

  • Paid Time Off (PTO)

  • Maternity, Parental, Family Care

  • Community Volunteer Time Off

  • 12 Paid Holidays

  • Company Paid Disability Insurance

  • 401k (with employer match)

  • Health Savings Accounts (HSA) with company provided contributions

  • Flexible Spending Accounts (FSA)

  • Supplemental Insurance

  • Mental Health and Well-being: Employee Assistance Program (EAP)

  • Tuition Reimbursement

  • Wellness program

  • Benefits are subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions

Velera is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, citizenship status, or membership in any other group protected by federal, state or local law.

Velera is an Equal Opportunity Employer that complies with the laws and regulations set forth in the following "EEO is the Law" Poster. Velera will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the legal duty to furnish information.

Velera is an E-Verify Employer. Review the E-Verify Poster here.  For information regarding your Right To Work, please click here.

This role is currently not eligible for sponsorship.

As an ongoing commitment to reasonably accommodate individuals with disabilities please contact a recruiter at recruiters@velera.com for assistance.

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