Staff Accountant, Accounts Payable

Welcome to the innovative and prestigious world of Massachusetts Institute of Technology. As a Staff Accountant for our Accounts Payable department, you will play a crucial role in ensuring the financial stability and success of our institution. We are seeking a highly motivated and detail-oriented individual with a strong understanding of accounting principles and experience in accounts payable. If you are passionate about numbers, have a keen eye for accuracy, and thrive in a fast-paced environment, we invite you to join our team at MIT.

1. Process and review all accounts payable transactions accurately and in a timely manner.
2. Ensure all invoices and payments are properly coded and approved according to MIT's policies and procedures.
3. Monitor and reconcile accounts payable ledger to ensure accuracy and completeness.
4. Work closely with vendors to resolve any discrepancies or issues with payments.
5. Communicate with internal departments to obtain necessary information for proper payment processing.
6. Maintain accurate and organized records of all accounts payable transactions.
7. Assist in the preparation of financial reports related to accounts payable.
8. Participate in the month-end and year-end closing processes.
9. Keep up-to-date with changes in accounting regulations and company policies.
10. Collaborate with team members to improve efficiency and effectiveness of accounts payable processes.
11. Identify and implement process improvements to streamline accounts payable procedures.
12. Communicate effectively with colleagues and stakeholders to resolve any issues or concerns.
13. Provide exceptional customer service to both internal and external stakeholders.
14. Follow internal control procedures to ensure compliance with MIT policies and regulations.
15. Perform other accounting duties and special projects as assigned by the supervisor.

According to JobzMall, the average salary range for a Staff Accountant, Accounts Payable in Cambridge, MA, USA is between $50,000 and $65,000 per year. This range may vary depending on factors such as experience, education, and the specific company or organization the accountant is working for. Some companies may offer higher salaries for candidates with more experience or specialized skills. Additionally, the cost of living in Cambridge may also impact the salary range for this position.

The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a significant role in the development of many areas of modern technology and science. The mission of MIT is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world. The Institute is committed to generating, disseminating, and preserving knowledge, and to working with others to bring this knowledge to bear on the world's great challenges. MIT is dedicated to providing its students with an education that combines rigorous academic study and the excitement of discovery with the support and intellectual stimulation of a diverse campus community. MIT seeks to develop in each member of the MIT community the ability and passion to work wisely, creatively, and effectively for the betterment of humankind.