AP/AR Specialist

AP/AR Specialist

Kapco Metal Stamping is the Midwest's premier contract manufacturer of metal components, trusted by some of the world's biggest brands to make precision metal parts. Kapco's constant investment in modern, state-of-the-art equipment and cutting-edge technology sets us apart from other manufacturers in the industry and helps us deliver the highest quality products to their partners.

Alongside our metal stamping, fabrication, welding, and machining capabilities, Kapco has built a lasting reputation for our family culture based upon six core values: Innovation, Attitude, Integrity, Impact, Accountability, and Safety.

Today, Kapco employs over 600 employees across our family of companies, and we are looking to add to our fast-growing team!

Come Together at Kapco Video

We are looking for an AP/AR Specialist to join our growing team in Grafton, Wisconsin. The primary responsibility of this position is to maintain financial records and assist with all accounting functions including, but not limited to bank reconciliations, maintaining internal AP/AR procedures, collections as needed, general ledger entries and data entry.

Primary Responsibilities

• Handle daily deposits and application of cash to customer accounts.
• Communicate with customers on collection issues and identify root causes to improve cash flow cycle.
• Process credit memos, as needed.
• Report out on accounts receivable aging on a weekly basis to management.
• Follow procedures for approval of vendor invoices, monitor compliance of vendor payments to purchase contracts and process vendor invoices for approval and payment.
• Determine payment schedules for vendors based upon payment terms and company's cash flow position.
• Manage compliance with federal and state record retention requirements as they relate to payables information, receivables information, and sales and tax returns.
• Manage changes in federal and state 1099 laws and regulations and establish procedures to ensure compliance.
• Determine disbursements that require 1099 reporting.
• Prepare annual filings.
• Establish and manage procedures to ensure compliance with changes in Wisconsin sales and tax laws and regulations.
• Determine expenditures that require payment of sales or tax use.
• Process expense reports and credit card statements for payment.

This job description is a summary of the functions of the job, not an exhaustive or comprehensive list of all possible job responsibilities, tasks and duties.

Education & Experience

• Associates degree in Accounting, Finance, or related discipline required.
• At least three years professional experience with accounting and bookkeeping history (specifically accounts payable/accounts receivable).
• Knowledge of sales and tax laws and regulations along with 1099 tax reporting laws and requirements.
• Knowledge of purchasing / payables and receiving cycles within an ERP environment.

About Kapco Metal Stamping

Kapco is known for investing in its people and creating a culture of engagement, and is equally as committed to giving back to the community. As an employee, you can expect a goal-oriented compensation structure, excellent benefits including Medical, Dental and Vision Insurance, 401K, Profit Sharing, Vacation, Paid Holidays, an Onsite Wellness Center and Gym Membership. Building on employees' skill sets and growing them as individuals is a top priority at Kapco. The Kacmarcik Center for Human Performance is focused specifically on delivering an exclusive and proprietary in-house training curriculum, designed to develop employees along their career path.

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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.