Accounts Payable Specialist
New York, New York • $60,000-$70,000
About the Company:
Our client is a global alternative investment management firm specializing in multi-strategy investments across credit, fixed income, and relative value markets. The firm partners primarily with institutional investors and is known for its diversified investment platform, risk-focused approach, and long-standing presence within the hedge fund industry.
Responsibilities:
- Route invoices through approval workflows and follow up on outstanding approvals
- Prepare and process payments including ACH, wires, and checks
- Maintain vendor records including onboarding, tax documentation, and banking instructions
- Assist with expense allocations across departments, legal entities, or business units
- Reconcile vendor statements and resolve invoice discrepancies
- Assist with annual 1099 preparation and other tax-related vendor reporting
- Maintain organized AP files and supporting documentation for audit and compliance purposes
- Review invoices for proper approvals, coding, supporting documentation, and policy compliance
Requirements:
- Bachelor’s degree required
- 3-5 years of related AP experience
- Experience in hedge fund, asset management, investment management, private equity, or financial services a plus
- Experience using PeopleSoft
- Strong understanding of AP processes, invoice coding, approvals, and payment controls
- Experience processing a high volume of invoices
Salary Range:
$60,000-$70,000
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