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This is a fantastic opportunity to join a leading independent electronic components distributor to the world's leading contract manufacturers and OEMs. Built around the shared core values of Being amazing today, Demonstrating mutual respect and trust, Acting courageously and Owning our own outcomes, Velocity Electronics has experienced rapid growth and is looking to add to our talented global team.
We are looking for an Accounting Specialist who can deliver exceptional experiences and outcomes to the Finance and Accounting department.
What will you be doing?
The Accounting Specialist is responsible for performing accounting functions generally related to accounts receivable and/or accounts payable. The Accounting Specialist will collaborate internally and externally to meet organizational objectives, including the collection of accounts receivable and/or the payment of accounts payable in order to deliver exceptional experiences and outcomes.
Your main areas of responsibility will be:
- Process invoicing for customers and vendors in a timely and accurate manner
- Process and record payments from/to customers and vendors while ensuring invoices are paid within stated terms
- Review, process, and record travel and entertainment expense reports in compliance with corporate policy
In addition, you will also be expected to:
- Process vendor invoices and employee expense reports while ensuring costs are recorded to the appropriate accounting period and proper general ledger account
- Reconcile service charges to booked (estimated) costs to ensure completeness and accuracy of billing
- Review electronically submitted travel and entertainment expense reports to ensure proper documentation and compliance with corporate policy
- Facilitate payment of vendor invoices and employee expense reports via various means (check, credit card, escrow, wires, ACH, etc.) and record payments within the ERP system in a timely and accurate manner
- Enter, apply and post customer payments
- Contact customers and/or vendors to follow up on past due invoices or request additional information
- Monitor customer and/or vendor credit limits; perform overrides to clear credit holds
- Manage AP mailbox to obtain vendor invoices and payment requests
- Process customer or vendor RMAs and credits
- Ensure adherence to internal controls for invoice, payment and other approvals
- Maintain AR, AP, and/or unbilled purchases aging; proactively resolve aged items
- Request and check references for new business partners
- Partner with Sales and Purchasing to resolve credit issues
- Assist in resolving disputes or other issues on invoices with business partners
- Support activities enabling the reconciliation of balance sheet account
- Interact with business partners, management, and other stakeholders while ensuring timely and accurate processing of transactions
Education, Experience, Skills and Traits
Required Education
- High school diploma or equivalent
Preferred Education
- 4-year college degree in Accounting or equivalent
Required Experience
- Capable of discreetly handling sensitive, confidential issues and information
Preferred Experience
- 1+ years of experience in Operational or Financial Accounting
Required Skills
- Proficient with Microsoft Office Applications, especially Excel
- Introductory knowledge of operational accounting
- Working knowledge of applicable local and regional taxes
Desired Skills
- Familiar with complex ERP systems
What will you bring to the team?
Our ideal candidate:
- Is amazing
- Demonstrates mutual respect and trust
- Acts courageously
- Owns own outcomes
- Honest and ethical
- Self-motivated
- Strong communications skills
- Attention to details
- Ability to collaborate internally and externally
- Critical thinking and problem solving
- Flexible & adaptable
Work Environment
- Applicants must be based in Austin,TX.
- Hybrid work schedule - work is performed in the corporate office and remotely
Top Skills
What We Do
Velocity Electronics is a leading certified stocking distributor and outsource procurement services provider specializing in the supply and material management of board level electronic components and associated products for leading electronics manufacturers worldwide. Market, logistics and quality assurance expertise, combined with our innovative and high service orientation have made Velocity Electronics a deeply trusted supply chain partner to the world's leading contract manufacturers and OEMs.
Velocity offers a full range of supply chain solutions for global manufacturers addressing component shortages, cost saving opportunities, material inspection and environmental compliance needs as well as excess material mitigation services. In addition, Velocity provides integrated and custom programs for third party procurement management, warehousing and logistics that are designed to reduce material procurement and administrative costs, increase inventory turns, improve cash-to-cash cycle times and eliminate the high costs associated with shortage and excess disruptions in the supply chain. Our custom, integrated solutions are guaranteed to reduce your total cost of procurement
