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AP Specialist - Abandoned Property

Location:

Wilmington, Massachusetts

Job ID

2005538
The Accounts Payable Abandoned Property Specialist is an integral member of the Corporate Accounts Payable Department, a team of which is responsible for processing in excess of 7,000 invoices per week via multiple sources.  UniFirst seeks an experienced, reliable and precise professional to manage and ensure the completion of all end to end process requirements for the full resolution of uncashed checks. This experienced candidate should be able to fully research and resolve all stale dated check payments in accordance with state by state escheatment policy and process guidelines while within the format and timeframes as required by UniFirst’s internal process requirements as well as required by the respective states. 
Job Detail
  • Drive the Accounts Payable uncashed check resolution process via administering the end to end process that handles returned checks, resolves uncashed checks and voids/ escheats stale dated checks
  • Research and reconcile unapplied payments according to individual state escheat laws as well as company policies and procedures
  • Develop, maintain and provide up to date unclaimed property statuses while collaborating with various departments as needed
  • Ensure the accumulation of all outstanding check data necessary for accurate accounting of the business in preparation for escheatment to the states
  • Partner with the Accounting department to maintain and reconcile escheat liability account with general liability account on a monthly basis.  Drive the review and resolution of state check listings
  • Finalize, present and implement process improvement in relation to abandoned property and escheatment
  • Assist with audit requests by providing the required documentation in a timely manner
  • Prepare and deliver standard and ad-hoc reports as required by management
  • Partner with Corporate Tax, Corporate AR, Accounting and other groups as necessary within the Finance / Accounting organization to ensure that all AP Abandoned Property deliverables are met on a timely and accurate basis
  • Ensure the completion of all AP related Abandoned Property deliverables in support of any / all Audit requirements

Qualifications
Requirements -

Experience


  • 4-6 years full cycle AP experience
  • More than two years of AP Abandoned Property experience, including timely escheatment processing
  • General knowledge of finance and accounting principles / practices
  • PeopleSoft Financial application experience preferred
  • Proficient MC Office skills, including MS Excel, MS Word, Outlook and other applications
  • Strong analytical and problem-solving skills, including the ability to quickly and continuously learn new processes and procedures
  • Ability to multitask, work under pressure & meet deadlines
  • Strong organizational skills, accuracy, attention to detail & follow through
  • Strong listening, verbal, and written communication skills, including the ability to effectively interact with internal staff, regulators, and claimants
  • Strong attention to detail and the ability to research and resolve problems
  • Ability to handle sensitive information with discretion and confidentiality
  • Self-motivated with the ability to work independently, including organizing competing priorities and adhering to deadlines
Education
  • High school diploma or equivalent, College Degree preferred
Benefits & Perks:

401K with Company Match, Profit Sharing, Health Insurance, Employee Assistance Program, Life Insurance, Paid Time Off, Tuition Reimbursement, 30% Employee Discount, Employee Referral Bonuses.

UniFirst is an international leader in garment & Uniform services industry. We currently employ over 14,000 team partners who serve 300,000 business customer locations throughout the U.S., Canada, and Europe.

We were included in the top 10 of Selling Power magazine’s “Best Companies to Sell For” list and recognized on Forbes magazine’s “Platinum 400 – Best Big Companies” list. As an 80-year old company focused on annual growth, there’s never been a better time to join our team.

UniFirst is an equal opportunity employer. We do not discriminate in hiring or employment against any individual on the basis of race, color, gender, national origin, ancestry, religion, physical or mental disability, age, veteran status, sexual orientation, gender identity or expression, marital status, pregnancy, citizenship, or any other factor protected by anti-discrimination laws




UniFirst is an equal employment/affirmative action employer. If you need accommodation for any part of the application process because of a medical condition or disability, please send an e-mail to TalentAcquisition@unifirst.com or call (978) 658-8888 to let us know the nature of your request.

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