Lead Accounts Payable Analyst - Detroit, MI

At DT Midstream, we’ve got the energy to achieve great things! DT Midstream owns and operates a diverse, integrated portfolio of midstream pipeline, storage and gathering assets, allowing us to provide a comprehensive set of midstream services to our customers across the Southern, Northeastern and Midwestern United States and into Canada. Our newly independent public company is an energy industry leader with more than 20 years of proven success as part of DTE Energy and our focus is to be safe, caring, dependable and efficient in all we do.

Job Summary

Lead Accounts Payable Analyst is responsible for cash forecasting and resolving Netsuite/Kyriba interface rejections. The Lead Accounts Payable Analyst must place a strong emphasis on identifying anomalies and irregularities in trends with a keen attention to detail to yield accurate results. They will have Vendor Relations and Expense Payables responsibilities and will assist with resolving system issues and supporting system enhancements as well as participate in special projects and initiatives.

Key Accountabilities

- Perform quality review of all business unit approved vendor bills ensuring accounting & tax accuracy and policy compliance.

- Provide AP cash flow data, forecasting based on trends, and determining estimates for future billings and adjustments.

- Research variances between actual payments and estimates, and between forecasts, Identifying any anomalies in cash forecasts and payment plans.

- Manage and develop weekly payment runs for all subsidiaries, while ensuring payments are sent out in a timely manner taking advantage of all available discounts.

- Review and resolve uncashed checks.

- Review and resolve credits to payments, ensure credits are cleared timely.

- Respond to employee, vendor, and client inquiries regarding payment requests or status.

- Track and submit sales and use tax liability data to accounting and tax departments.

- Perform user acceptance testing of new system enhancements and applications.

- Provide guidance, coach, and mentor accounts payable team.

- Work closely with vendor management on the Purchase Order process for clear and concise invoicing information.

- Develop and maintain accounts payable controls and procedures, ensuring compliance with internal and external regulations.

- Provide support during financial audits by preparing necessary documentation.

- Prepare AP analysis, reconciliations, key metrics, variance analysis and other ad-hoc reports as needed.

- Ensure accruals and vendor liabilities are recorded accurately and in completeness.

Minimum Education & Experience Requirements

- High School Diploma

- Minimum of 9 years related experience

- Previous vendor bill processing and accrual experience

- Advanced knowledge of accounts payable processing

Preferred Qualifications

- Bachelor’s Degree in a related field with coursework in business administration, finance or accounting.

- Experience with NetSuite

Other Qualifications

- Strong problem-solving skills.

- Analytical attitude and ability to resolve accounting problems with multiple variables.

- Excellent organizational skills with attention to detail

- Ability to assist with projects, prioritize tasks and meet deadlines; exhibit a sense of urgency in performing tasks.

- Strong interpersonal communication skills, ability to relate and clearly communicate with accounting team and other departments.

Physical Demands

The physical demands and essential job functions below are those that must be met by an employee to properly perform the integral functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. To properly perform the integral functions of this job, the employee is required to sit, stand, walk, stoop, kneel, reach, talk, hear, grasp and carry objects.

Working Conditions

While performing the duties of this job, the employee usually works in a business office or other appropriate location during hybrid days, with a moderate noise level.