Accounts Payable Specialist

Accounts Payable Specialist

MCM (Modern Creation Mnchen) is a luxury lifestyle goods and fashion house founded in 1976 with an attitude defined by the cultural Zeitgeist and its German heritage with a focus on functional innovation, including the use of cutting-edge techniques. Today, through its association with music, art, travel, and technology, MCM embodies the bold, rebellious, and aspirational. Always with an eye on the disruptive, the driving force behind MCM centers on revolutionizing classic design with futuristic materials. Appealing to the 21st Century Global Nomad generation - MCM's millennial and Gen Z audience is genderless, ageless, empowered, and unconstrained by rules and boundaries.

MCM is currently distributed online and in 650 stores worldwide including Munich, Berlin, Zurich, London, Paris, New York, Hong Kong, Shanghai, Beijing, Seoul, Tokyo, Middle East and more. For further information about MCM:

With a highly collaborative workforce working from offices and stores around the world, MCM established a multinational/multicultural organization. To uphold the culture & value of MCM, we intend to fulfil our corporate social responsibility by implementing the following values and to comply with a high degree of legitimacy and ethical standards.

Our employees make the best efforts to become high-performing individuals who reflect the diversity of the communities in which we work and live. MCM's commitment to diversity and inclusion includes recruiting and retaining employees from diverse backgrounds and experiences, creating awareness of diversity issues and benefits, and fostering a supportive environment where inclusivity is expected and prioritized. We have zero tolerance in any form of harassment, insultation, ostracization or groundless defamation of any other person.

Accountabilities

The Accounts Payable Specialist will facilitate all accounts payable expenses of MCM throughout US and Canada. They will be responsible for: Daily AP postings and inquiries, initiating payments with vendors (ACH, Wire, Checks), T&E (Travel/Entertainment), month-end closing tasks, and all accounts payable related functionalities. The position will support with other functions such as audit reporting for both internal and external use and preparing annual 1099 report workings to ensure accurate reporting to the IRS. This position will report to the Accounting Operations Supervisor.

Key Responsibilities

• Review and process a high volume of vendor invoices for multiple locations within SAP and Esker.
• Weekly reconciliations with corporate credit cards and ensure all the expenses submitted timely.
• Work with functional departments and vendors in a professional manner to resolve and research AP issues.
• Assist with reconciliation of sub-ledgers to General ledger including monthly review and reconciliation of vendor accounts.
• Initiates Check Runs ensuring the timely & accurate payment of invoices via ACH, wires and checks.
• Work with the online banking platforms to verify cash balances, set up wire templates and request checks.
• Prepare annual 1099 reports working with suppliers to ensure accurate reporting to the IRS.
• Carry out daily processes and controls accurately & timely, ensuring compliance with company policies and procedures.
• Responsible for month end tasks (AP Aging, AP Clearing).

Requirements

• Minimum of 3 years of relevant AP processing experience in SAP, Esker, CashPro.
• Working knowledge of SAP required.
• Proficiency with Microsoft Excel required.
• Strong organizational skills.
• Excellent communication skills.
• Ability to perform with minimal supervision.
• Ability to consistently meet deadlines in a high-volume environment.

This job description is not all-inclusive, and MCM Products USA Inc. reserves the right to amend this job description at any time. MCM Products USA Inc. is an Equal Opportunity Employer and is committed to a diverse and inclusive work environment.

Salary range reflects the good-faith hiring base salary range for this position. However, individual salaries are determined by a variety of factors including, but not limited to: business considerations, local market conditions, internal equity, as well as candidate qualifications such as relevant skills, experience, and education/training.