Vendor Compliance Specialist, Accounts Payable with UT System
University of Tennessee, Knoxville
Knoxville, TN
Full-time
Accounting
Posted on April 22, 2024
Vendor Compliance Specialist, Accounts Payable with UT System
Market Range 05
About the UT System
The University of Tennessee System is comprised of campuses at Knoxville, Chattanooga, Pulaski and Martin; the Health Science Center at Memphis; the Space Institute at Tullahoma; and the statewide Institute of Agriculture and Institute for Public Service. The UT System enrolls about 54,000 undergraduate and graduate students statewide, and more than 13,000 students graduate from UT campuses each year with bachelor’s, master’s, doctoral and professional degrees.
The UT System has a presence in each of Tennessee’s 95 counties. Through the combined force of education, research and outreach, the University serves students, business and industry, schools, governments, organizations and citizens statewide.
The University of Tennessee System, through its multiple campuses and institutes, serves the people of Tennessee and beyond through the discovery, communication, and application of knowledge. The System is committed to providing undergraduate, graduate, and professional education programs in a diverse learning environment that prepares students to be leaders in a global society. The UT System’s delivery of education, discovery, outreach, and public service contributes to the economic, social, and environmental well-being of all Tennesseans.
The Opportunity
This position will assist with creating new vendors, and maintaining an accurate database of vendor master files. An accurate database of vendors will reduce the occurrences of duplicate vendors, therefore reducing the occurrence of duplicate payments, and prevent fraudulent payments. Proper coding of vendors will also ensure a smooth 1099 reporting period at the end of the year. Accuracy and confidentiality are critical in this position.
Primary responsibilities will include:
- Assist with approving registrations and updates in PaymentWorks.
- Will review registrations and updates for accuracy.
- This includes returning/rejecting information and emailing vendors for clarification.
- Verifying banking details for foreign wires.
- Sometimes, foreign banking details are not verified in PaymentWorks.
- This requires vendors to be called to verify the banking information.
- This will help to prevent errors in payments and possible fraudulent activity.
- Maintaining and researching vendor activity to inactivate any vendors no longer in use.
Qualifications :
Education/ExperienceThe successful candidate will hold a high school diploma or GED and experience in office environment.
The successful candidate will have:
- Attention to detail.
- Requires ability to clearly communicate with University employees and outside vendors.
- Ability to maintain confidentiality. Processing complex information.
- Eagerness to learn, grow, and to take on increasing responsibilities.
The preferred candidate will have:
- 1-2 years experience in accounts payable
- Oracle Experience.
- PaymentWorks Experience
Applications MUST be accompanied by a resume, references, and a cover letter addressing interest in and qualifications for the role.
Compensation
Compensation for the position will be competitive and commensurate with qualifications and experience within the market range.
Benefits
The University offers a comprehensive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits and much more. Additionally, Tennessee residents do not pay a state income tax. Please visit our website to learn more about the generous benefits offered.
