Cummins-Wagner Company, Inc. aims to remain the premier manufacturer's representative and distributor of mechanical equipment and machinery within our trading area. We serve the industrial, process, heating, cooling markets, and the wastewater industry.
Job Title: Accounts Payable Specialist
Department: Maryland Accounting Department
Location: Annapolis Junction
Job Type: Full Time
Reports To: Accounts Payable Supervisor
Job Overview:
The Accounts Payable (AP) Specialist plays a key role in the timely and accurate processing of payables and related compliance. The Accounts Payable Specialist performs processing of vendor invoices and cash disbursements, companywide vendor database maintenance, and assists in providing coverage during team member absences. The position reports to the Controller, works closely with the Company’s accounting staff, customer service representatives, branch managers, and outside vendors, and is relied upon to identify the need for and recommend improvements in company AP processing.
Our most successful Accounts Payable Specialists:
- Possesses superior communication, analytical, and organizational skills
- Education: High school diploma / GED equivalent
- Exhibits goal-oriented behaviors and time management principles
- Exudes a customer-focused attitude
- Applies extensive attention to detail to all tasks
- Toggles between projects and responsibilities with ease
- Works well in a team environment
- Demonstrates proficiency in Microsoft Office programs
- Associate's Degree in Accounting or Business Program Preferred
- Minimum of two years experience, in an office/ accounting setting
- Must be able to pass background and reference checks, as well as a drug test
Scope of Responsibility:
- Timely processing of vendor invoices and credits, providing cost allocations as necessary and ensuring they are properly authorized, supported, coded and earn all available discounts
- Twice-weekly check / ACH payment runs, ensuring accuracy and completeness of supporting documentation, remittance advice, filing of processed batches and bank file communication, as necessary
- Identify problems, troubleshoot and recommend improvements in company AP processing
- Review of vendor statements to ensure completeness of invoice posting and to resolve variances between the vendor records to Cummins-Wagner AP
- Assist in download and sort daily electronic invoices as well as US mail, branch mail, and departmental mail as needed
- Customer invoicing on fulfilled orders
- Update and maintain vendor database, supplying company credit card data as requested by vendors and verifying 1099 reporting details, including updated W-9’s
- Customer database updates and new customer creation including credit review
- Reconcile and distribute Company Credit Card charges to cardholders, obtaining receipts and proper general ledger coding for timely payment, monitoring account balance to not exceed limit.
- Assist in providing coverage during accounting team member absences
- Perform all other duties as assigned
Cummins-Wagner Gives Back to Employees:
- Employee Stock Ownership Program
- Bonus Program
- Tuition and Certification Fee Assistance
- 401k Match
- Flexible Spending Account
- Comprehensive Health Insurance
- Life Insurance
- Long-Term Disability Insurance
Our History:
Founded in 1960 by "Charlie" Cummins and "Chub" Wagner, Cummins-Wagner began as a one-product, two- employee Company in a one-room office. Without a well-recognized brand product line, their commitment to customer service was the Company's impressive strength. This commitment to customer service allowed the Company to grow and attract significant product lines. Recognizing that ownership inspired the dedication that resulted in their customer-driven business's success, they established an ESOP* and sold the Company to their employees in 1985.
Today, the Company's strength comes from the product lines we represent and from the total dedication of over 250 Employee Owners to the principle of customer satisfaction. We appreciate the value of our impressive team and look forward to welcoming you!
- As an "ESOP" company with 100% of the common stock universally and exclusively owned by the Employee Stock Ownership Trust (ESOT), employees are motivated to work for the long-term success of the Company to a degree unmatched by those of our competitors. ESOP companies generally outperform non-ESOP companies. For more information on ESOPs, visit www.esopassociation.org.
Cummins-Wagner Co. Inc. is an Equal Opportunity Employer and does not discriminate based on race, sex, age, handicap, religion, national origin, or any other basis prohibited by applicable law.
Cummins-Wagner Co. Inc. is a 100% Employee-Owned Company.
