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Luby's Restaurant Company · 3 months ago

Staff Accountant 3

Houston, TX

Full-time

Onsite

Mid Level

Luby's Restaurant Company is seeking a Staff Accountant 3 to enhance their accounts payable processes and ensure accurate financial management. The role involves overseeing the outsourced AP team, auditing vendor files, and collaborating with operations to streamline accounting processes while ensuring compliance with company policies.

Food and BeverageFood ProcessingRestaurants

Responsibilities

Determine and implement new AP processes within accounting system to ensure accurate and timely posting of invoices in the accounting system. Routinely monitor and revise processes as needed

Improve approval processes within new accounting system to ensure timely payments and alignment with other company initiatives

Oversee the outsourced AP team to ensure the timely and accurate preparation of weekly payment runs (checks, ACH, and wires). Determine and implement any modifications as needed to outgoing payments

Audit vendor files, respond to vendor inquiries, and resolve discrepancies

Oversee the outsourced AP team subledger reconciliation process, which includes determining and implementing changes to the process as needed

Ensure compliance with company procurement policies, spending limits, and approval hierarchies

Act as liaison between the finance team and restaurant/general managers to resolve AP issues

Research and analyze causes of service interruptions; determine and implement corrective actions to the processes

Collaborate with operations teams and other stakeholders to streamline accounting processes and to maintain strong financial controls

Manage end-to-end AR processes performed by outsourced AR team, including billing, collections, cash applications, and reconciliations across multiple restaurants. Monitor processes and implement changes to create efficiencies

Handle escalated collection issues and negotiate payment terms with clients

Identify and implement process improvements and automation tools in AR system to ensure timely recognition of payments

Qualification

Accounts Payable processesAccounts Receivable managementFinancial controlsProcess improvementsVendor managementNegotiation skillsCollaboration

Required

Determine and implement new AP processes within accounting system to ensure accurate and timely posting of invoices in the accounting system

Routinely monitor and revise processes as needed

Improve approval processes within new accounting system to ensure timely payments and alignment with other company initiatives

Oversee the outsourced AP team to ensure the timely and accurate preparation of weekly payment runs (checks, ACH, and wires)

Determine and implement any modifications as needed to outgoing payments