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TMX Group · 20 hours ago

Accounts Payable and Accounts Receivable Specialist

Liberty, NY

Full-time

Hybrid

Entry Level

$65K/yr - $75K/yr

1+ years exp

TMX Group is a leading global exchange company connecting various organizations to enhance capital markets. The Accounts Payable and Accounts Receivable Specialist will manage full-cycle AP and AR processes, ensuring accurate and timely financial transactions while maintaining vendor and customer relationships.

Financial ExchangesFinancial ServicesInsuranceMarket ResearchStock Exchanges

Comp. & Benefits

No H1B

Responsibilities

Generate, process, and distribute accurate customer invoices in a timely manner

Accurately record and apply incoming customer payments (checks, ACH, wire transfers) to the correct accounts and invoices

Monitor the Accounts Receivable aging report and proactively follow up on past-due accounts via phone and email to secure timely payment while maintaining positive customer relationships

Reconcile customer accounts, resolve billing discrepancies, and process any necessary credit memos or adjustments

Prepare AR-related reports, including aging summaries, collections forecasts, and Days Sales Outstanding (DSO) metrics

Review, verify, and process high-volume vendor invoices, ensuring proper coding, authorization, and matching to purchase orders (if applicable)

Prepare and process weekly or bi-weekly payment batches (checks, ACH, wire transfers) for vendor disbursements in compliance with company policies

Respond to vendor inquiries regarding payment status, statement discrepancies, and invoice issues

Reconcile vendor statements to the general ledger and ensure all balances are accurate

Assist with year-end tax requirements, including the preparation and filing of 1099 forms

Assist with month-end and year-end closing processes

Maintain accurate and organized financial records and documentation (both physical and electronic) in accordance with company policies and audit requirements

Perform administrative and clerical tasks, such as data entry, filing, and reporting

Collaborate with internal departments (e.g., Purchasing, Sales) to resolve AP/AR-related issues

Qualification

Accounts PayableAccounts ReceivableAccounting SoftwareMicrosoft ExcelAnalytical AbilitiesCommunication SkillsOrganizational SkillsProblem-Solving SkillsAttention to Detail

Required

1-3 years of experience in accounts payable/receivable or general accounting is typical

Proficiency with accounting software and strong skills in Microsoft Excel

Excellent communication, organization, and problem-solving skills

Analytical abilities, attention to detail, and the ability to work independently and as part of a team

Benefits

Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!