Finance - Accounts Payable Analyst

For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, ESG initiatives and IDE journey.

Our Finance team is seeking an Accounts Payable Analyst to join the team in our Worcester, MA office. This is a full time, exempt role. This is a hybrid opportunity.

POSITION OVERVIEW:

To ensure that the company's financial statements are accurately reported in terms of the transactions processed on a daily basis within the department. To ensure that all financial controls and balances have been met according to Internal Audit and GAAP.

WHAT YOU NEED TO APPLY:

• Provide daily support for the Accounts Payable and Purchasing system applications.

• Perform detailed and extensive functional system testing for all electronic interfaces, system enhancements and upgrades to ensure business requirements and financial controls are met.

• Perform daily pay cycles.

• Perform daily and monthly system balancing of the A/P and G/L modules.

• Perform G/L account reconciliations to identify discrepancies and adjust if necessary on a monthly basis.

• Audit vendor statements to ensure there is no risk or exposure to company financial statements.

• Develop scripts for workload automation and ensure adequate controls are always in place.

• Develop and perform automated system scripts to improve productivity and efficiency within the department.

• Draft journal entries as necessary.

• Track and analyze workloads (performance measures).

• Analyze business problems and resolve discrepancies.

• Work closely with internal resources (Procurement, IS, and Manage Cash).

• Review employee travel expense reimbursements for compliance to the company Corporate card program.

• Assist others in the department as necessary Train team members as necessary.

• Special projects as required.

• Act as a back-up to Accounts Payable Manager when necessary

WHAT YOU NEED TO APPLY:

• 1-3 years related experience

• Knows and applies well the fundamental concepts, practices and procedures of particular field or specialization.

• Under supervision, performs work that is varied and that may be somewhat difficult in nature, but usually involves limited responsibility.

• Minimal administrative duties.

• Some evaluation, originality or ingenuity is required.

• Bachelor's Degree or equivalent.

• Possesses and applies a broad knowledge of principles, practices, and procedures of particular field of specialization to the completion of moderately difficult assignments.

• Experience with project work and be accountable for reporting on project status.

CAREER DEVELOPMENT:

It's not just a job, it's a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you - at every level - to grow and develop.

BENEFITS:

We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you'll enjoy what you do and have the support you need to succeed.

Benefits include:

• Medical, dental, vision, life, and disability insurance

• 401K with a company match

• Tuition reimbursement

• PTO

• Company paid holidays

• Flexible work arrangements

• Cultural Awareness Day in support of IDE

• On-site medical/wellness center (Worcester only)

• Click here for the full list of Benefits

EEO statement:

The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.

Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law."

As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at: HRServices@hanover.com and include the link of the job posting in which you are interested.

Privacy Policy:

To view our privacy policy and online privacy statement, click here.

Applicants who are California residents: To see the types of information we may collect from applicants and employees and how we use it, please click here.

Other details

• Pay Type Salary

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• Worcester, MA, USA