Associate Accounts Payable Analyst

The Timken Company (NYSE: TKR) engineers, manufactures and markets bearings, gear drives, belts, chain, couplings, and related products, and offers a spectrum of powertrain rebuild and repair services. The leading authority on tapered roller bearings, Timken today applies its deep knowledge of metallurgy, tribology and mechanical power transmission across a variety of bearings and related systems to improve reliability and efficiency of machinery and equipment all around the world.

This position exists to analyze and reconcile the goods receipt/invoice receipt accounts, ensure compliance with internal control procedures, investigate and resolve any fraudulent activity on any Timken, perform banking transactions as needed. The Accounts Payable Analyst will be responsible for satisfying related reporting requested by internal and external audit teams throughout the year. Provide support to the department and business with continuous process improvements. Including but not exclusive to maintaining current documentation of work instructions, and offering guidance relative to Accounts Payable accounting principles, as well as company procedures.

* Perform the goods receipt/invoice receipt account reconciliations, complete analysis, aging and corrections each month. Instruct, train and assist plants and accounting personnel on the method to accomplish. Master SAP transaction codes that relate to the overall flow of the P2P process. * Responsible for US disbursement process including; payment runs, void & reissue, banking transactions and year end reporting (1099-M). * Resolve issues with bank on transmission of funds or return payments. * Investigate and resolve any fraudulent activity on checks or bank accounts. * Perform work as it relates to compliance and audit requests for both internal and external audit. * Analyze and provide guidance for Accounts Payable questions from plants, internal departments and external vendors * Participate in ERP implementations and/or acquisitions assisting with gap assessments, testing and training of AP functions.

**Technical/Functional Skills Required** * Working knowledge of Accounting/Accounts Payable processing * Demonstrated analytic/problem solving skills * SAP experience in finance and controlling modules is a plus * Advanced PC skills, particularly Microsoft excel * Skilled in both oral and written communication – English * Ability to work easily with different cultures **Qualifications** * Associate degree in Accounting or Accounts Payable and 5 years of relevant accounts payable experience, or * Bachelor degree in Accounting, Finance or Business and 2 years of relevant accounts payable experience