Accounts Payable Specialist

As the nation’s first statewide, “transmission only” company, VELCO manages the safe, reliable, cost-effective transmission of electric power throughout Vermont and as a part of the integrated New England regional network.

 

Why you should join our team

At VELCO, we work every day to strengthen Vermont’s electric grid, support renewable energy goals, and deliver safe, reliable service to the communities we serve. Our Accounting team plays a vital role in that mission by ensuring financial accuracy, transparency, and operational excellence.

How you will make an impact

We’re looking for an Accounts Payable Specialist who is ready to contribute to a high‑performing team, embrace learning opportunities, and help maintain the financial integrity that supports VELCO’s statewide impact.  The Accounts Payable Specialist is responsible for receiving, processing, verifying and reconciling invoices and ensuring invoices are processed and paid accurately and on time.

Responsibilities

• Receive, review and process vendor invoices for electronic approval with the correct purchase order and project codes, as well as proper application of credits, discounts and sales and use tax.

• Review requisitions for purchase order generation to ensure correct coding and authorization, as well as sufficient contracts and documentation.

• Research information to provide accurate and timely solutions to internal clients and vendors using various software applications and accounting systems.

• Set up and maintain vendors including payment info.

• Prepare and submit annual 1099’s in compliance with regulations and requirements.

• Prepare and submit monthly sales and use tax filings in compliance with regulations and requirements.

• Maintain a filing system for financial information, records and documents to ensure accurate information is maintained and easily available.

• Monitor account balances, track expenses, prepare analyses of accounts and related financial activity.

• Communicate and collaborate with other departments, auditors and vendors on projects and activities.

• Maintain up-to-date written procedures for all accounts payable related processes.

• Participate in training and other learning opportunities to expand knowledge of the company.

• Perform other duties as required to support the Accounting Department. 

Education & Training

Associates degree in accounting/finance/business or equivalent accounts payable or finance experience.

Experience

This is an entry level to the professional accounting family of jobs.

Knowledge/Skills

• Experience with Microsoft Office and various accounting and database applications.

• Organizational, analytical and problem-solving skills.

• A willingness to learn new skills and availability to change.

• Familiarity with the utility industry is a plus.

Other

A strong work ethic and ability to work independently is desired. The talent for teamwork, collaboration and communication are vital. The ability to manage multiple assignments and produce results in a high demand environment is central to the position.

Work Environment

• Collaborative, cross-functional team environment

• Open office setting and dog friendly

• Opportunity to work closely with engineering, IT, and operations

• Mission-driven organization supporting critical energy infrastructure

Physical/Mental Demands

• Must be able to withstand prolonged periods of sitting or standing at a desk while working at a computer.

• Must be able to maintain fast pace while completing complex work, in potentially stressful situations, with competing priorities, within tight timelines and with frequent interruptions.

• Must be able to work additional hours when necessary.

 

Compensation Range: 

$25.00 - $30.00 - $35.00/hour 

This compensation range represents the minimum, midpoint and maximum pay for this position. Individual offers will be based on various factors including, but not limited to, qualifications, education, skills, competencies, and experience. Please note that most offers for new employees fall under the midpoint of the range, allowing room for continued salary growth.  Base pay is just one component of our total compensation package, which may also include comprehensive benefits, generous paid time off and incentive compensation (bonus) potential.