Accounts Payable Specialist

Who We Are – MassMutual
As the complexity in the world continues to increase, it’s getting hard to get simple. At MassMutual, our vision is to help people secure their future and protect the ones they love. Within MassMutual Technology, we have undergone some recent changes to simplify our organization to deliver on this vision. We will be a dependable partner to our businesses by providing high quality IT services on time and within budget. We will do so by simplifying our architecture to focus on strategically valuable technologies, investing in our people to equip them with skills of the future, and promoting a culture of ownership and delivery. This is a great opportunity to be a part of the transformational journey at MassMutual. As we continue to grow our business and look for new ways to engage with customers, technology will be one of the most important enablers to our success and you can be a part of it.

If this sounds like a fit, we’re looking to hire an Accounts Payable Specialist to join our team in the financial department, who will work from our Bucharest office while collaborating with the Global MassMutual financial teams, providing financial, administrative and clerical support to the organization. The person who will join this role will report to a local manager based in Bucharest.

Responsibilities:

• Booking of accounting documents (invoices, credit notes, payments, travel expense reports) in SAP
• Liaise with US Finance team for the correct posting, based on US GAAP requirements. Ensure also correct booking for statutory accounting
• Ensure that documents received from vendors have the right format and content to be compliant with local fiscal requirements
• Ensure appropriate documents needed for VAT and corporate income tax deductibility are obtained (contracts, handover documents, time sheets, depending on the service provided)
• Process timely and accurate payment of invoices, credit memos and expense reports
• Month end activities related to AP process
• Timely query resolution, vendor accounts reconciliation, follow up with vendors, employees, or management as required
• Support in implementation of AP module in SAP and the correct posting in General Ledger
• Assist in implementation of automatic payments, generated from AP system
• Promote AP process to others and provide input into processes to ensure a high quality of service
• Documents archival in the agreed timelines
• Monitor that needed requisitions are created and that purchase orders are approved before the actual payment of invoices
• Support in updating Fixed Assets Register, aligned to US GAAP and local statutory requirements

• At least 1 year of Accounts Payable experience
• Postgraduate / Graduate from a recognized University, in a related field preferred
• Digital skills: Good Microsoft Office Suite knowledge
• Fluent in English is mandatory
• SAP experience is recommended