A career at New York Life offers many opportunities. To be part of a growing and successful business. To reach your full potential, whatever your specialty. Above all, to make a difference in the world by helping people achieve financial security. It's a career journey you can be proud of, and you'll find plenty of support along the way. Our development programs range from skill-building to management training, and we value our diverse and inclusive workplace where all voices can be heard. Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and service, supported by our Foundation. It all adds up to a rewarding career at a company where doing right by our customers is part of who we are, as a mutual company without outside shareholders. We invite you to bring your talents to New York Life, so we can continue to help families and businesses \"Be Good At Life.\" To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com. Position Summary An associate position in Accounts Payable. Responsibilities include daily review and distribution of vendor payments, handling check cancellation and reissue requests, performing peer review of vendor creation and changes in SAP, responding to payment status inquiries and questions related to automated invoice payment system, handling B-Notice, 1099MISC and 1042S reporting to IRS, assisting in quality review of processes handled by co-sourcing partner related to purchase requisition processing, vendor enablement, contract administration, catalog management and spot buy processing. Major responsibilities Responsible for peer review of vendor changes created/changed in SAP by co-sourcing partner. Processes check/payment cancellation and reissue requests. Responsible for daily review and distribution of vendor payments. Handles ReadSoft and payment status inquiries. Processes accounting only entries in SAP for payments processed through Treasury. Performs quality review for some of the co-sourced activities related to procurement operations functions (eg. Purchase requisition processing and spot buy activities, catalog management, contract administration, etc.). Handles year-end review and filing of 1099MISC and 1042S forms to IRS to ensure timely and accurate reporting. Handles review of B-Notice records and ultimate mailing of B-notice letters to vendors. Assists with Market Data activities related to adds, changes and deletes for MDS services. Handles returned mail due to incorrect/address and works with business and co-sourcing partner on getting an updated address and updating it in SAP. Performs back up responsibilities for multiple functions in Accounts Payable. Qualifications Bachelor's Degree in Accounting or equivalent work experience 1-3 years of relevant experience Knowledge of SAP, Word, Excel Strong interpersonal, written and oral communication skills Ability to work independently Ability to effectively communicate with various levels of management. EOE M/F/D/V If you have difficulty using or interacting with any portions of this Web site due to incompatibility with an Assistive Technology, if you need the information in an alternative format, or if you have suggestions on how we can make this site more accessible, please contact us at: (212) ###-####.
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