The Global Accounts Payable (AP) Accountant is a key member of the Avis Budget Group Global Business Services (GBS) Finance team, responsible for maintaining the integrity and accuracy of AP financial data across multiple regions and entities. This role supports GBS’s mission to deliver efficient, standardized, and compliant finance services by performing detailed account reconciliations, preparing journal entries, processing bank deposits, and providing audit support.
The ideal candidate is detail-oriented, analytical, and thrives in a fast-paced, global environment where collaboration and continuous improvement are core to success.
Key Responsibilities
Reconciliations & Balance Sheet Integrity
- Perform monthly and quarterly reconciliations of all AP-related balance sheet accounts (including GR/IR, AP clearing, vendor advances, and accruals) across multiple legal entities.
- Investigate, document, and resolve reconciling items in coordination with regional finance teams and GBS process owners.
- Ensure compliance with Avis Budget Group’s accounting policies and internal control standards.
- Maintain clear and organized reconciliation documentation to support internal controls and audit readiness.
Journal Entries & Month-End Close
- Prepare and post accurate and timely journal entries related to Accounts Payable activities, including accruals, reclasses, and adjustments.
- Partner with regional Accounting and FP&A teams to ensure completeness and accuracy of monthly financial close results.
- Support continuous improvement initiatives in the month-end process to drive faster, more efficient close cycles.
Banking, Deposits, & Reporting
- Process and record vendor refunds, bank deposits, and other AP-related cash activities.
- Perform reconciliations between bank statements and AP ledgers, ensuring accuracy of recorded transactions.
- Generate AP-related financial reports, metrics, and reconciliations for management review and operational insights.
Audit & Compliance
- Support internal and external audit requests by preparing and providing accurate, timely documentation.
- Maintain compliance with SOX controls, accounting standards (US GAAP / IFRS), and ABG’s financial policies.
- Collaborate with global GBS teams to ensure standardization and consistency in accounting and reporting practices.
Continuous Improvement & Collaboration
- Identify and recommend process enhancements and automation opportunities to increase accuracy and efficiency within GBS AP operations.
- Participate in global transformation and system implementation projects (e.g., ERP enhancements, robotics, analytics).
- Build strong cross-functional partnerships with Procurement, Treasury, and Controllership teams to drive end-to-end AP process excellence.
Qualifications
Education & Experience
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum 3–5 years of accounting or AP experience, ideally within a shared services or multinational corporate environment.
- Experience with ERP systems such as SAP, Oracle, or Workday Financials preferred.
Skills & Competencies
- Solid understanding of accounting principles, reconciliations, and financial close processes.
- Strong analytical and problem-solving skills with high attention to detail.
- Proficient in Microsoft Excel and reporting tools.
- Excellent communication and interpersonal skills to collaborate across global teams.
- Strong organizational skills with the ability to manage multiple priorities and meet deadlines in a dynamic environment.
Preferred Qualifications
- CPA, CMA, or equivalent professional certification (or progress toward certification).
- Experience supporting audits and maintaining SOX-compliant control environments.
- Exposure to continuous improvement methodologies (Lean, Six Sigma) or financial automation initiatives.
About Global Business Services (GBS)
Avis Budget Group’s Global Business Services (GBS) organization provides scalable, efficient, and high-quality finance, accounting, and administrative services across the globe. As part of GBS, the Global AP Accountant contributes directly to operational excellence and continuous improvement—supporting ABG’s mission to simplify the customer experience while driving sustainable business performance.
Virginia Beach
Virginia
United States of America