Procure-to-Pay Specialist

Procure-to-Pay Specialist (Accounts Payable)

Job Description

CoStar Group Company Intro: 

CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces.  Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.   

We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers.  We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors.  We continue that effort today and are always working to improve and drive innovation.  This is how we deliver for our customers, our employees, and investors.  By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.   

Role Description:   

At CoStar Group, we have consolidated traditional Procurement and Accounts Payable strategic and operational activities into a single Procure-to-Pay (P2P) organization to support an integrated, end-to-end process workflow. Consolidating these related Procurement and Accounts Payable functions into a single team will allow us to improve efficiency, accuracy, and build stronger relationships with our suppliers. 

We are currently seeking a Procure-to-Pay Specialist to join our team in our Richmond, VA location. The Procure-to-Pay Specialist will be responsible for the full life cycle of P2P processing with an emphasis on research, analyzing, and reporting experience, while building strong relationships with suppliers and internal stakeholders. 

This role offers 4 days a week onsite with 1 day remote.

• Process invoices, perform check runs, analyze and verify outstanding invoices to ensure proper payment 

• Investigate and resolve problems and inquiries associated with processing of invoices, expense reports and associated payments 
• Interact with internal resources to ensure proper approvals are in place on all invoices 
• Interact with outside vendors to ensure accurate invoice posting, reconcile short payments or credit invoices 
• Assist with other Ad Hoc Accounts Payable clerical duties 

• Ensure financial deadlines are met for month-end financial closing 
• Compute and verify employee expense reports as well as special projects, as needed 
• Maintain consistency of adherence to accounts payable policies and goals 
• Analyze specific accounts payable operations such as invoice research and follow-up, problem documentation and standardization of input 
• Communicate with other departments and vendors regarding the department position on relevant issues  

Basic Qualifications: 

• Bachelor’s degree from an accredited, not-for-profit University or College required
• A track record of commitment to prior employers.
• Previous ERP system experience required  
• 1+ years of accounts payable, procurement (P2P), or other financial experience 
• Intermediate Excel skills 

Preferred Qualifications: 

• Oracle Fusion experience preferred 
• Evidence of strong academic performance in college
• Excellent verbal and written communication skills including ability to effectively communicate with both external and internal customers 
• Ability to prioritize tasks and deliver expectations in a timely manner 
• Ability to work across multiple departments 
• Detail oriented 

What’s in it for you?   

When you join CoStar Group, you’ll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed.  

We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.  

Our benefits package includes (but is not limited to):  

• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug  
• Life, legal, and supplementary insurance  

• Virtual and in person mental health counseling services for individuals and family  
• Commuter and parking benefits  
• 401(K) retirement plan with matching contributions  
• Employee stock purchase plan  
• Paid time off  
• Tuition reimbursement  
• On-site fitness center and/or reimbursed fitness center membership costs (location dependent)
• Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups  
• Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks  

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply.  However, please note that CoStar Group is not able to provide visa sponsorship for this position.  

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CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing