The Accounts Payable Specialist at Opendoor Labs Inc. will be responsible for accurately and efficiently processing invoices, managing vendor relationships, and ensuring timely payments in a fast-paced environment. This role is crucial to maintaining the financial health of the organization and supporting our rapid growth.
* Process a high volume of invoices, ensuring accuracy, proper coding, and adherence to company policies.
* Match purchase orders to invoices and resolve discrepancies with vendors and internal teams.
* Prepare and process electronic payments and check runs.
* Reconcile vendor statements and investigate and resolve any discrepancies.
* Maintain accurate vendor records and communicate effectively with vendors regarding payment status and inquiries.
* Assist with month-end and year-end closing activities related to accounts payable.
* Support internal and external audits by providing necessary documentation and information.
* Identify and implement process improvements to enhance efficiency and accuracy within the AP function.
* Collaborate with various departments, including purchasing and finance, to ensure smooth AP operations.
* Adhere to all company financial policies, procedures, and internal controls.
* 5+ years of experience in an Accounts Payable role, preferably in a high-volume environment.
* Strong understanding of accounting principles and accounts payable processes.
* Proficiency in accounting software (e.g., NetSuite, SAP, Oracle) and Microsoft Excel.
* Excellent attention to detail and accuracy.
* Strong organizational and time management skills with the ability to prioritize tasks effectively.
* Excellent written and verbal communication skills.
* Ability to work independently and as part of a team in a dynamic, fast-paced setting.
* Associate’s or Bachelor’s degree in Accounting, Finance, or a related field preferred.
* Experience with AI automated AP systems is a plus.
At Opendoor our mission is to tilt the world in favor of homeowners and those who aim to become one. Homeownership matters. It’s how people build wealth, stability, and community. It’s how families put down roots, how neighborhoods strengthen, how the future gets built. We’re building the modern system of homeownership giving people the freedom to buy and sell on their own terms. We’ve built an end-to-end online experience that has already helped thousands of people and we’re just getting started.