General Summary:
The AP Auditor/Analyst is responsible for Accounts Payable (AP) post payment audits and period close accounting. Responsibilities include researching vendor payments and account history to ensure proper payment and/or adjustment of vendor accounts, and support coordinating the audits of outside post-payment audit firms.
Work cooperatively with peers and indirect reports, and conduct research, analysis, and payment resolution, using all available and appropriate tools, including specialized software and databases; calculates, processes, and collects payment adjustments in accordance with vendor agreements and company policies and procedures; recommends improvements in systems, policies, and procedures. Reports progress of audits and performs post-audit and period close accounting in the RSL and GL in accordance with generally accepted accounting principles (GAAP).
Duties & Responsibilities:
- Reviews AP payments, processes, and procedures to identify high-potential audit opportunities.
- Designs/develops audit techniques and programs, to identify and resolve vendor processing and payment errors. Assists in testing new programs developed or software licensed to conduct audits.
- Conducts AP processing and payment audits to identify payment recovery opportunities:
- Conducts research, locates back-up documentation, and clarifies/verifies information. Runs computer programs, examines data reports and compares with related original and revised documentation, as appropriate, to detect vendor payment and/or processing errors.
- Analyzes vendor invoices, purchase orders and receivers to understand and resolve vendor-related pricing, shortages, or other issues. Verifies accuracy of accounts through review and audit of transaction history.
- Communicates verbally and/or in writing with vendors, coworkers, and other Dollar General employees to verify, inform, clarify, and request information, and answer vendor account or process-related questions.
- Calculates and performs corrective payment/adjustment transactions to recover vendor payment errors.
- Recommends/designs/develops controls to prevent future payment errors.
- Documents audit results, including any recommendations, and present them to management.
- Reconciliations activity in the profit/expense recovery account(s) in the General Ledger. Compiles logs/periodic reports or summaries of data for management information. Performs general accounting and reconciliations.
- Performs special projects, as assigned.
- Informs management of recoveries outside of normal circumstances, or significant workflow issues or vendor inquiries. For example, notifies management of recurring errors in work, policies, and procedures.
- Assist with facilitating the activities of outside contingency auditors.
- Applies a working knowledge of the RSL and GL to perform accounting analysis. Performs all assigned accounting and review responsibilities, including flexible schedule during period close.
- Assists other areas with questions and provides support.