Full-Time

Accounts Payable Specialist

Posted on 3/13/2025

Cognex

Cognex

1,001-5,000 employees

Provides machine vision systems for manufacturing

No salary listed

Mid

Noida, Uttar Pradesh, India

Category
Bookkeeping
Financial Accounting
Accounting
Required Skills
SAP Products
Excel/Numbers/Sheets
Connection
Connection
Connection
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Requirements
  • Detail-oriented with a very high level of accuracy.
  • Demonstrated ability to work to tight corporate deadlines.
  • Ability to work independently and communicate with all levels of the organization and customers.
  • Good working knowledge of computerized systems is required, preferably SAP.
  • Proficiency in Microsoft Office with a strong emphasis on Microsoft Excel.
Responsibilities
  • Process invoices and employee expense reports accurately in SAP in accordance with the company’s corporate policies and procedures.
  • Manage weekly supplier payment runs: ensure all invoices are paid within agreed credit terms.
  • Perform month end close for different legal entities, including preparation of month end accruals.
  • Perform monthly supplier account reconciliations.
  • Maintain and develop strong working relationships with suppliers to ensure a high level of customer service.
  • Assist in preparation of audits for external and internal auditors.
Desired Qualifications
  • B.S. degree in Finance-related field
  • 3+ years of work experience with specifics in Accounts Payable is highly desired.

Cognex provides machine vision systems, software, and sensors that help automate manufacturing processes. Their products allow machines to interpret visual data, enabling them to perform tasks like quality control and efficiency improvements at a speed and accuracy that surpasses human capabilities. Unlike many competitors, Cognex focuses on a wide range of industries, including automotive and electronics, and emphasizes a strong corporate culture that encourages creativity and collaboration among its skilled workforce. The company's goal is to enhance manufacturing precision and efficiency while reducing production costs for its clients.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Natick, Massachusetts

Founded

1981

Simplify Jobs

Simplify's Take

What believers are saying

  • AI adoption in machine vision boosts demand for Cognex's sophisticated solutions.
  • Industry 4.0 and smart factories create expansion opportunities for Cognex's market share.
  • The global machine vision market's 7.1% CAGR supports Cognex's growth potential.

What critics are saying

  • Emerging AI vision startups pose a threat to Cognex's market share.
  • Rapid tech advancements may outpace Cognex's R&D, risking product obsolescence.
  • Economic instability in Europe and Asia-Pacific could impact Cognex's sales.

What makes Cognex unique

  • Cognex leads in machine vision with over 4.5 million products shipped since 1981.
  • The company offers AI-powered products like the In-Sight 8900 and DataMan 290/390.
  • Cognex's unique corporate culture attracts top talent, fostering innovation and creativity.

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Benefits

Remote Work Options

Flexible Work Hours

Company News

Vision Systems
Mar 28th, 2025
Cognex Launches New Embedded Vision System

Cognex has launched a new AI-powered embedded vision system, the In-Sight 8900.

Investing.com
Mar 12th, 2025
Cognex corp's CTO Joerg Kuechen sells shares worth $263,468

In a strategic move, Cognex appointed Matthew Moschner as President and COO, aiming to strengthen its leadership structure.

PR Newswire
Mar 6th, 2025
Cognex To Present At The Cantor Fitzgerald Global Technology Conference

NATICK, Mass., March 6, 2025 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today announced that Dennis Fehr, Senior Vice President of Finance and Chief Financial Officer of Cognex, will present at the 2025 Cantor Fitzgerald Global Technology Conference on Wednesday, March 12, 2025, beginning at 10:00 a.m. Eastern Daylight Time.Users can listen to a real-time audio broadcast, or an archived recording, on the Events & Presentations section of the Cognex Investor Relations website: http://www.cognex.com/investor.About Cognex CorporationCognex Corporation ("the Company" or "Cognex") invents and commercializes technologies that address some of the most critical manufacturing and distribution challenges. We are a leading global provider of machine vision products and solutions that improve efficiency and quality in high-growth-potential businesses across attractive industrial end markets. Our solutions blend physical products and software to capture and analyze visual information, allowing for the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing or distribution and tracking of discrete items, such as mobile phones, electric vehicle batteries and e-commerce packages, by locating, identifying, inspecting, and measuring them. Machine vision is important for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings or quality improvements are maintained.Cognex is the world's leader in the machine vision industry, having shipped more than 4.5 million image-based products, representing over $11 billion in cumulative revenue, since the company's founding in 1981

Machine Design
Feb 24th, 2025
Cognex Showcased a Range of Inspection Equipment at MD&M West, including its Next-Gen Barcode Reader

At MD&M West, which was held Feb. 4-7 in Anaheim, Calif., Eric Hershberger, principal applications engineer for Cognex Corporation, showed Machine Design the company's range of inspection equipment.

PR Newswire
Feb 12th, 2025
Cognex Reports Fourth Quarter 2024 Results

NATICK, Mass., Feb. 12, 2025 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today reported financial results for the fourth quarter and full year 2024. Table 1 below shows selected financial data for Q4-24 and the full year 2024 compared with Q4-23 and the full year 2023. "Cognex delivered strong results in the fourth quarter, with revenue at the high end of our guidance range.  Growth was driven by continued momentum in our Logistics and Semiconductor businesses, including accelerated demand late in the quarter. Across most of our other factory automation end markets, demand remains soft but stable, while Automotive remains very weak," said Robert J. Willett, CEO

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