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New York Life Insurance Company
Associate - Accounts Payable
New York, NY
Nov 2, 2024
Full Job Description

Location Designation:Hybrid - 3 days per week

Business Overview:

Join Corporate Finance where expertise meets strategic impact. Partner with diverse business units, providing financial insights and guiding sound decision-making. You'll work collaboratively to ensure data accuracy, implement robust controls, and safeguard policy owner interests. Become part of a team dedicated to financial stewardship, enabling business performance, and paving the way for a secure future for generations to come.

What You'll Do:

  • Performing peer quality review of vendor creation and change activity performed by co-sourcing team to ensure accuracy and compliance with the regulatory requirements
  • Processing accounting entries in SAP for vendor related payments processed in Treasury
  • Daily distribution of vendor checks
  • Handling check cancellation and reissue requests
  • Assisting in B-Notice review process and 1099MISC and 1042S reporting to IRS
  • Handling payment status inquiries and act as a liaison between co-sourcing team and stakeholders for any compliance related issues
  • Interact with internal stakeholders and outside vendors and provide guidance on procurement systems used and processes performed in the area

What You'll Bring:

  • 2 plus years of similar experience in Accounts Payable.
  • Knowledge of SAP is preferred.
  • Good oral and communication skills.

#LI-VL1
#LI-HYBRID

Pay Transparency

Salary Range:$62,400-$75,000

Overtime eligible:Exempt

Discretionary bonus eligible:Yes

Sales bonus eligible:No

Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Our Benefits

We provide a full package of benefits for employees - and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Diversity Promise

We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.

Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by theFoundation.We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

Job Requisition ID:90981

PDN-9d63c194-4359-486c-be91-fca007a18e70
Job Information
Job Category:
Accounting
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Associate - Accounts Payable
New York Life Insurance Company
New York, NY
Nov 2, 2024
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