Accounts Payable Accountant

About the role

Fortive Corporation is seeking a skilled and motivated Accounts Payable (AP) Accountant to join our North America Finance team. This role is ideal for someone with experience in accounts payable, SOX compliance, internal/external audits, and lean principles.

Responsibilities

• Oversee the accurate and timely processing of vendor invoices, ensuring proper coding and authorization in compliance with company policies.
• Perform 3-way matching (purchase order, receipt, and invoice) to ensure the accuracy of payments.
• Support review and approval of employee expense reports, ensuring compliance with company policies and tax regulations.
• Ensure proper accruals and accounting entries are recorded for unpaid invoices at month-end.
• Assist with the documentation, testing, and evaluation of internal controls within the accounts payable process as part of the Sarbanes-Oxley (SOX) compliance efforts.
• Collaborate with internal audit and external auditors to provide relevant documentation and resolve audit findings related to AP processes.
• Support external auditors by preparing schedules and reports for the periodic audits.
• Respond to vendor inquiries regarding payment status or discrepancies, working towards prompt resolution.
• Actively participate in process improvement initiatives, identifying opportunities to streamline AP workflows and reduce manual effort.
• Apply lean principles to enhance efficiency in the accounts payable process, such as automating invoice processing or improving communication with vendors.
• Work closely with cross-functional teams to promote a culture of continuous improvement within the finance department.
• Assist with the preparation of AP-related financial reports, including accounts payable aging, cash flow forecasts, and month-end accruals.
• Analyze AP aging reports and identify overdue payments or discrepancies, working with relevant stakeholders to resolve.
• Provide support in cash management by forecasting cash needs and assisting with vendor payment scheduling.
• Ensure compliance with tax regulations, including sales tax, withholding tax, and 1099 reporting.
• Monitor and enforce adherence to company policies, including payment authorization procedures and spending limits.
• Assist with regulatory compliance, ensuring the company remains in good standing with local, state, and federal tax authorities.
• Prepare and review AP-related journal entries during the month-end and year-end close process.
• Help reconcile AP accounts, ensuring accurate balances are reported in financial statements.
• Review and resolve any discrepancies or reconciling items between sub-ledgers and the general ledger.
• Work closely with procurement, treasury, and finance teams to ensure alignment and accuracy in AP processing and reporting.
• Perform other Finance/AP related duties as needed.

Qualifications

• Bachelor’s degree in accounting, finance, or related field preferred.
• 1-3 years of experience in accounts payable or accounting, ideally within a public company.
• Strong understanding of Procure-to-Pay cycle, SOX compliance, audits, and internal controls.
• Experience using accounting software (e.g., SAP, Oracle, NetSuite) and Microsoft Excel (pivot tables, VLOOKUP, XLOOKUP).
• Knowledge of tax regulations, including sales tax and 1099 reporting requirements.
• Familiarity with lean principles and continuous improvement practices.
• Excellent attention to detail, analytical skills, and ability to prioritize tasks in a fast-paced environment.
• Strong communication skills with the ability to collaborate across departments and interact with vendors professionally.
• Ability to work under pressure and meet deadlines while maintaining accuracy.

Other Qualifications

• Experience working with automated AP systems or electronic invoicing solutions.
• Background in working within manufacturing, technology, or retail industries.
• Knowledge of business process mapping and process reengineering techniques.

Benefits

Fortive Corporation and all Fortive Companies are proud to be equal opportunity employers. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity or expression, or other characteristics protected by law. Fortive and all Fortive Companies are also committed to providing reasonable accommodations for applicants with disabilities. Individuals who need a reasonable accommodation because of a disability for any part of the employment application process, please contact us at applyassistance@fortive.com.

Pay

The salary range for this position (in local currency) is 70,725.00 - 118,105.00. This position is also eligible for bonus as part of the total compensation package.