Job Introduction
Who We Are
IQE is a leading global supplier of compound semiconductor wafers and advanced materials. As one of the only compound semiconductor epitaxy foundries with worldwide presence and scalable manufacturing, IQE drives technology growth. Our vision is to be the top provider of advanced semiconductor materials by delivering exceptional quality, service, and innovation, making us the first choice for customers. Our strength comes from our diverse, expert workforce and a culture built on integrity, accountability, excellence, teamwork, and valuing people. At IQE, we are committed to reaching Net Zero and creating a sustainable future. We actively strive to reduce our carbon footprint, invest in green initiatives, and embed sustainability into everything we do. Join us in driving meaningful change and making a lasting impact on the environment
About the role
The primary focus of this role is the timely and accurate high-volume processing of transactional data as part of the US finance shared services team. Primary responsibilities include processing invoices, supplier payments, processing expense claims, and assisting with month-end close/associated entries.
- Process approx. 300-350 invoices per month between 2 sites, based on Goods Received Report and invoices received electronically via Microsoft Outlook
- Save all invoices to vendor folders on server and link to posted invoices in ERP (Microsoft NAV)
- Obtain internal approvals on service invoices (via e-mail) and generate receipts for entry
- Independently resolve all internal/external issues/processing delays with professional etiquette
- Respond to vendor requests for payment with professional etiquette
- Reconcile vendor statements to invoices received and investigate/resolve discrepancies
- Serve as backup for counterpart’s duties when out on PTO/leave
- Prepare bi-weekly payment schedules, adding outstanding invoices to schedules to aid in cashflow accuracy
- Prepare bi-weekly ACH/Wire batches in Microsoft NAV and generate/upload electronic files to bank
- Send electronic remittance advice for each electronic payment issued
- Process bi-weekly expense reimbursements with attention to timeliness and accuracy and submit to payroll
- Upon submission of bi-weekly expense reimbursements to payroll, post associated bi-weekly travel reclass entry
- Perform vendor maintenance as needed i.e. request updates to terms, change vendor remittance e-mail addresses, verify requests to update banking info by phone, request changes to banking info/entity name/address when applicable, and compile support for any changes, such as updated W-9 and company acquisition letters
- Record Daily cash activity from bank in cash sheet, record to Microsoft NAV, and reconcile cash sheet balance to ledger daily
- Prepare and submit monthly A/P accrual to Controller
- Prepare and post monthly travel accrual entry
- Prepare and submit annual 1099’s to IRS
- Work with Global Supply Chain Management to resolve issues with existing PO’s and proactively request requisition submission for annual blanket PO’s to be set up timely for new year
- Maintain/update work instructions for all role responsibilities
- Assist in fulfilling audit requests as needed
- Complete miscellaneous projects/duties as needed
About you
- Knowledge of Microsoft Dynamics NAV preferred (but not required)
- 1+ years of experience in a similar role required – Associate’s degree preferred
- Understanding of, and ability to apply, double-entry accounting principles
- Proficiency in Microsoft Office Suite required with emphasis on strong proficiency in Microsoft Excel – Must be able to pass advanced beginner level Excel exam and be willing/able to independently acquire further Excel skills where needed
- Ability to add, subtract, multiply, divide, and calculate percentages, averages, proportions, etc. with emphasis on ability to compute using Microsoft Excel
- Ability to read, write, speak, and understand the English language
- Strong organizational skills, with emphasis on ability to organize electronic records and tasks and dedication to storing electronic files/documents with clear and consistent naming schemes for ease of access/use. Accounts Payable operates 100% paperless and is responsible for neat, clear, thorough, accurate, consistent, and secure storage/labelling of all electronic records for end users
- Exceptional attention to detail and dedication to preparing/submitting quality work that is accurate, neat, thorough, and submitted timely
- Strong written/verbal communication skills & team player attitude
- Flexibility – Must be able to occasionally stay late when required to complete work by deadlines, such as during the month end, ½ year and year end close – Must plan time off around period end close
All our employees benefit from:
- Long Term Incentive Plans (LTIPs)
- Professional Development and career pathways
- Market competitive base salaries reviewed bi-annually
- Comprehensive health insurance offering medical, prescription, dental and vision coverage.
- Company paid Life and Disability Insurance.
- Long service awards 5, 10, 15, 20, 25 and 30 years
- Values-based recognition awards
- Employee Assistance Program (Free family, legal, financial and counselling support 24/7 Access)
- 401k Plan with company match of up to 50% on the first 6% of the employee’s contributions
IQE is an equal opportunities employer that values diversity at all levels. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, or national origin.
Want to learn more? Contact our in-house TalentAcquisitionTeam@iqep.com or visit our website Current Vacancies | IQE Corporate (iqep.com)