Job Summary

The Analyst, Disbursements possesses knowledge of basic accounting principles, operational procedures, excellent computer (at least intermediate level Excel skills required) and communication skills (both written and oral) and the ability to deal professionally with both internal and external business contacts. This role is responsible for ensuring accurate and timely payment processing of invoices and expenses, maintaining financial records and reconciling accounts related to payments. This individual will also analyze and report on payment-related data and processes and may be engaged and represent Accounting in company projects related to the Disbursements team and processes. Your Key Job Functions Understands the details of data movement and process flows related to processing invoices, expenses, vendor payments and other disbursements Reconciles payment records with bank statements as well as clearing accounts used for payment card and travel & entertainment expense processing Maintains accurate and organized records of payments and disbursements to ensure they are accurate and timely, addressing any discrepancies or issues promptly Prepares reports on disbursement activities, identifies trends and recommends improvements in disbursement processes and procedures Oversees unclaimed property process, including identifying, reporting and remitting unclaimed funds in compliance with state regulations, avoiding penalties and maintaining compliance Ensures adherence to company policies and procedures related to disbursements of funds Ensures all processes-such as supplier registration, invoice approval, and payment workflows-adhere to SOX compliance and internal control requirements Adheres to Generally Accepted Accounting Principles Communicates with vendors, clients, and other stakeholders to resolve disbursement issues Collaborates closely with cross-functional partners (Supply Chain, Legal, Internal Audit, Treasury and Restaurant Operations) to resolve discrepancies and manage approvals for transactions Provides support to other finance staff and departments on disbursement-related matters Participates in UAT efforts for AP-related system changes or upgrades, validating functionality and identifying improvement opportunities, including quarterly ERP updates Actively contributes to initiatives aimed at increasing Electronic Funds Transfer (EFT) adoption as well as Procurement Card Payments with our 3rd party partner, working towards more efficient and streamlined payment processes What You Bring to the Team Bachelor's Degree in Accounting, Finance, or Business required 3-5 years of experience in full cycle Accounts Payable, including inventory, non-inventory/T&E AP, 3-way match concepts, and exception handling Strong understanding of accounts payable and cash disbursement processes Solid grasp of technical accounting principles and GAAP standards and are able to apply them with accuracy and care Proficient in Excel and have experience working in Oracle Cloud ERP or a similar enterprise system Understand EDI workflows and how they integrate with AP and T&E processes Strong working knowledge of SOX compliance and how it applies to AP operations Self-starter with strong organization skills and the ability to multi-task and prioritize Share this entry