Hybrid Payables Compliance Analyst

at Miami University College of Education, Health and Society

• Job title: Payables Compliance Analyst
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $55,000 - $65,000 per year
• Degree requirement: Bachelor's Degree
• Tech skills: ERP
• Location requirements: Hybrid, Oxford, United States

About the role

• Payables Compliance Analyst at Miami University handling supplier records and ensuring IRS compliance. Conducting analyses, promoting electronic payments, and supporting audits.

Responsibilities

• The Payables Compliance Analyst is responsible for setting up and maintaining supplier records and is a primary contact for questions regarding both Miami’s policies and IRS guidelines as they apply to supplier payments
• Responsible for maintaining 1099 data and ensuring timely and accurate reporting and distribution of 1099-NECs and 1099-MISCs in accordance with IRS regulations
• Perform analysis of Accounts Payable transactions for proper classification, conformity with University policies and all applicable law and regulation
• Develop and maintain procedures to ensure current processes are accurately documented
• Conduct tax law and regulation research to ensure tax compliance and proper reporting of payments
• Research and deliver solutions for a variety of inquiries concerning tax and compliance requirements
• Communicate with suppliers, faculty, staff, and students to resolve issues related to tax compliance and reporting
• Develop and train faculty and staff as needed
• Maintain University supplier records and related documentation
• Complete periodic review of suppliers’ records as required by University policies
• Encourage supplier participation in the electronic payment processes (ACH and SUA)
• Maintain supplier submitted W-9 documentation and designate 1099 recipients in accordance with IRS guidelines
• Prepare and submit required IRS 1099 filings
• Process international wire transactions, analysis of currency conversion and transaction charges
• Investigate international payment issues and provide consultation to departments paying foreign suppliers and individuals
• Stay current in regulatory and tax requirements and best practices
• Assist Accounts Payable team with preparation and gathering supporting documentation for audits
• Other duties as assigned.

Requirements

• Bachelor’s degree in business related field and five (5) years of Accounts Payable experience; OR Associate’s degree with seven (7) years of Accounts Payable experience
• Extensive knowledge of accounts payable operations and procedures
• Commitment to ethical behavior with a willingness to adhere to all company policies and current financial legislation
• Experience with complex ERP systems, web-based applications for financial transactions and expense management, document imaging systems and electronic payment methods
• Excellent communication skills
• Excellent planning, problem solving and analytical skills
• Ability to work with representatives from various departments and outside suppliers
• Motivation to develop and maintain internal and external relationships
• Ability to work well independently and with others.

Benefits

• Benefit Eligible