Accounts Payable Associate

Company: AIG
Location: Knoxville
Posted on: March 18, 2023

Job Description:

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

If you've never considered insurance before, this Accounts Payable role at AIG will make you re-think.

Do you have an extensive knowledge of sourcing, procurement and accounts payable best practices? Looking for a role in a global organization that will provide challenge and satisfaction in equal measure, plus a real desire to further develop your skills and career? Then help us implement our new Accounts Payable strategy and operating model - help us rethink insurance at AIG and see how far your career could take you.

Rethink insurance with AIG

This is a pivotal time to join us at AIG, a leading global insurance organization built on 100 years of experience. We are reimagining how we help business customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague - empowering our people to grow as insurance professionals and add more value to our customers and AIG. It's time to rethink how far your career could take you.

How you'll make your mark

As an Accounts Payable Associate who values collaborative teamwork and excellent customer service, you'll be an avid learner with responsibility for over 40 Account Payable interfaces. You will also play a significant role in our No Pay strategy, payment optimization, and other highly technical AP sub-processes. Internal and external customer support including training, answering questions, troubleshooting, and contributing to research and issue resolution will all be important aspects of the role too, so strong people and communication skills are essential alongside your exceptional analytical abilities. Other key responsibilities include:

Executing quality and secondary review of vendor set ups and modification to ensure compliance with 1099 reporting requirements.
Invoice processing of priority non-purchase and purchase order invoices in SAP. Also processing of foreign currency wire requests.
Assisting with managing the Telecom interfaces with respect to timely bill processing, remittance of monthly reallocation journal entries, and receipt of supporting back up files/reporting.
Supporting the 1099 compliance and reporting process.
Reviewing Bank, GL, Payment Program (BIP, VCA, P-card, and Meeting card) account monthly reconciliations. Monitoring aging items and conducting timely follow ups or escalations as required.
Assisting audit documentation requests for internal and external audits.

What you'll need to succeed

You'll need a minimum 5+ years of experience in a leading role in Accounts Payable, preferably within an Audit/Accounting background. Able to demonstrate solid problem-solving skills and attention to detail, you'll identify, investigate and resolve anomalies in the data, as well as being able to understand and grasp processes, concepts and establish procedures to create efficiencies. In addition, you'll also need:

A Bachelor's Degree or equivalent.
The ability to adapt to change and find creative and innovative ways to solve issues.
To be adept at prioritizing work requests and meeting deadlines.
To be able to look at new technology and see potential for the AP group.
A robust knowledge of ERP system, SAP.
Systems experience: SAP, Ariba, Fieldglass, SOVOS.

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A look at our Benefits

We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.

We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.

We are an Equal Opportunity Employer

American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to candidatecare@aig.com. Reasonable accommodations will be determined on a case-by-case basis.

Functional Area:

CS - Corporate Services

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

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Keywords: AIG, Knoxville , Accounts Payable Associate, Other , Knoxville, Tennessee