Analyst Accounts Payable & Receivable
TIAA
The Finance Accounts Payable Accounts Receivable job administers and ensures compliance with accounts payable/receivable processes including assessment of invoice/payment discrepancies. Under limited supervision this job reconciles and verifies all account balances and collaborates with the collections team on the restructuring of overdue accounts repayment.
- Verifies accuracy of invoices shipping documents customer credit and payment terms.
- Confirms all cash payments cash receipts and outstanding account balances to maintain accurate accounting records.
- Enforces timely and accurate processing and payment of invoices to confirm that statements are correctly recorded.
- Conducts payment processes and application to customer balances in the accounts receivable ledger in a timely manner.
- Performs monthly and quarterly close and consolidation processes to ensure timely completion and accuracy.
- Verifies collection activities such as sending follow-up inquiries negotiating with past due accounts and referring accounts to collection agencies to ensure compliance with accounting policies and procedures.
- Sends follow-up inquiries and works with the collections team on the restructuring of overdue accounts repayment.
- Provides assistance and training to lower level accounts payable / accounts receivable employees to ensure high-quality and timely completion of projects.
- Vocational and/or Technical Education Preferred
- 3 Years Required; 5 Years Preferred
- Physical Requirements: Sedentary Work
4IC Related Skills Accounting Standards Adaptability Automation Business Process Improvement Collaboration Compliance Data Analysis Data Entry/Validation Innovation Prioritizes Effectively Technology Systems Transaction Processing
Company Overview
TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent reduce risk by insourcing key platforms and processes as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization with a focus on technology operations and expanding into the shared services business space.
Working closely with our U.S. colleagues and other partners our goal is to reduce risk improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.
We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age race color national origin sex religion veteran status disability sexual orientation gender identity or any other legally protected status.
Our Culture of Impact
At TIAA were on a mission to build on our 100 year legacy of delivering for our clients while evolving to meet tomorrows challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People Be Client Obsessed Lead with Integrity Own It and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveens entrepreneurial spirit where we work hard and work together to create lasting impact. Here every associate can grow through meaningful learning experiences and development pathwaysbecause when our people succeed our impact on clients lives grows stronger.
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone:
Email:
Privacy Notices
For Applicants of TIAA Nuveen and Affiliates residing in US (other than California) click here .
For Applicants of TIAA Nuveen and Affiliates residing in California please click here .
ForApplicants of TIAA Global Capabilities click here .
For Applicants of Nuveen residing in Europe and APAC please click here .
Required Experience:
IC
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