Accounting Administrator
Pure Lithium Corporation · Chicago, IL · 1 mo ago
AccountingFull-time
About the role
The Accounting Administrator is responsible for administering the Company's day-to-day accounting operations, including accounts payable, payroll administration, banking activities, expense management, month-end accounting support, vendor management, financial recordkeeping, and audit preparation.
Key Responsibilities
- Accounts Payable Administration
- Review all vendor invoices received through designated company accounts to verify accuracy, completeness, appropriate approvals, and required supporting documentation prior to processing.
- Communicate with internal departments and vendors to obtain missing information, departmental coding, or invoice clarification when necessary.
- Process approved vendor invoices within QuickBooks Online by accurately recording invoice details, assigning departmental allocations, attaching supporting documentation, and maintaining complete electronic records.
- Maintain the Company's Bills to Pay schedule by tracking payment due dates, recurring vendor obligations, and outstanding liabilities.
- Upload all invoices and supporting documentation into the Company's electronic document management system in accordance with record retention requirements.
- Monitor recurring contractual vendor payments that may not require invoices and ensure timely processing in accordance with contractual obligations.
- Vendor Payment Administration
- Review the weekly Bills to Pay schedule and identify invoices requiring payment based upon vendor terms and payment due dates.
- Prepare weekly payment recommendations for executive approval and coordinate all required approvals prior to releasing payments.
- Process vendor payments through ACH, check, wire transfer, and other approved payment methods using the Company's banking platforms.
- Maintain complete payment documentation by saving executive approvals and payment confirmations for audit purposes.
- Update payment schedules by recording payment dates, payment methods, and invoice status while maintaining accurate payment histories.
- Communicate payment confirmations to designated vendors as required.
- Banking & Cash Management
- Process daily banking transactions from all corporate banking platforms and ensure transactions are accurately recorded within QuickBooks Online.
- Review and manually process transactions from banking platforms that do not automatically synchronize with the accounting system.
- Record investment account activity upon receipt of monthly financial statements.
- Maintain accurate cash records by reviewing bank activity, reconciling transactions, and identifying discrepancies requiring investigation.
- Monitor corporate bank balances and assist the Controller with cash management reporting.
- Corporate Credit Card & Expense Administration
- Review corporate credit card transactions to verify supporting receipts, business purpose, and appropriate expense coding.
- Communicate with employees regarding missing receipts or incomplete expense documentation and ensure all required information is obtained prior to month-end close.
- Process approved corporate card transactions within QuickBooks Online while maintaining accurate accounting records.
- Cook up monthly receipt collection from designated cardholders to ensure timely completion of financial close activities.
- Payroll Administration
- Administer payroll processing through Rippling by maintaining employee payroll records including salary adjustments, reimbursements, and contractor payments.
- Review payroll registers prior to processing to ensure employee compensation, deductions, tax withholdings, paid time off adjustments, and benefit deductions are accurate.
- Process payroll manually when required to accommodate employee changes or payroll adjustments.
- Maintain payroll tax rates including unemployment insurance and Paid Family and Medical Leave updates.
- Record payroll journal entries and maintain supporting payroll documentation for financial reporting purposes.
- Month-End Close & General Ledger Support
- Complete all transactional accounting activities necessary to support timely monthly financial close.
- Reconcile all corporate bank accounts, credit card accounts, and general ledger accounts while maintaining supporting reconciliation schedules.
- Prepare recurring journal entries for prepaid expenses, depreciation, amortization, accrued expenses, lease accounting, employee advances, security deposits, and other recurring accounting activities.
- Maintain monthly accounting workpapers and supporting schedules required for financial reporting.
- Cook up fixed asset additions, disposals, and capital expenditures requiring accounting adjustments.
- Complete benefit reconciliations, PTO reconciliations, and other supporting schedules required during the monthly close process.
- Financial Records & Administrative Support
- Respond to internal inquiries regarding invoices, payments, payroll, vendor accounts, and financial transactions in a timely and professional manner.
- Maintain accurate accounting records and electronic financial documentation in accordance with Company policies.
- Support special accounting projects and process improvement initiatives assigned by the Controller.
- Cook up collaboration with Human Resources, Operations, and executive leadership on accounting-related activities that support organizational objectives.
- Education: Associate or bachelor’s degree in accounting, Finance, Business Administration, or related field preferred.
- Experience: 3–5 years of accounting or bookkeeping experience. Payroll administration experience required. Accounts Payable and Accounts Receivable experience. QuickBooks Online experience required. Experience using Rippling preferred. Startup experience preferred.