MERAKis a general leader Company in HVAC (heating, ventilation, and air conditioning) and refrigeration solutions, with a workforce of over 1,200 employees worldwide. The company is renowned for its innovation and technological development capabilities, providing advanced solutions for the railway sector.Role PurposeThe Accounts Payable Specialist is a core transactional finance role within the Finance Shared Services Hub, responsible for the end-to-end purchase-to-pay cycle for their assigned jurisdiction. Based in Madrid, each Specialist manages vendor relationships, invoice processing, payment execution, and reconciliation for their entity, ensuring timely and accurate payment runs in compliance with local requirements and hub-wide SLAs.Key Responsibilities1. Purchase-to-Pay CycleReceive, validate, and process vendor invoices in accordance with purchase orders, delivery notes, and approval workflowsEnsure accurate coding of invoices to the correct cost center, GL account,
and project code in SAPManage the invoice approval workflow and chase approvers proactively to avoid payment delaysExecute payment runs on schedule: weekly or bi-weekly depending on jurisdiction and vendor termsProcess urgent and exceptional payments outside the standard payment run when required and authorizedMaintain accurate vendor master data in SAP: bank details, payment terms, contact information, and tax identifiersManage vendor queries: payment status, invoice discrepancies, statement reconciliations, and credit notesBuild and maintain professional working relationships with key vendors in the assigned jurisdictionEscalate vendor disputes or unresolved discrepancies to management within agreed timeframesReconcile vendor statements monthly and resolve open items before closingPerform month-end A/P close activities: accruals for un-invoiced goods and services, GR/IR reconciliation, and balance sheet clearingEnsure the A/P sub-ledger is fully reconciled to the general ledger at each period e
📌 Accounts Payable Specialist (Madrid)
🏢 MERAK
📍 Madrid