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Procurement Accounting Jobs in Indiana (NOW HIRING)

Subaru

Procurement Trade Analyst

Lafayette, IN · On-site

Procurement Trade Analyst Procurement Management Department Position Summary: This role is ... Track supplier tariff credit utilization and drawdown activities to ensure accurate accounting and ...

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Procurement Accounting information

What is the difference between Procurement Accounting vs Accounts Payable Specialist?

AspectProcurement AccountingAccounts Payable Specialist
CredentialsAccounting certifications (e.g., CPA), finance backgroundBasic accounting knowledge, often no specific certification required
Work EnvironmentFinance or accounting departments, procurement teamsFinance or accounting departments, vendor management
Employer & IndustryManufacturing, retail, government, corporate sectorsSimilar industries, focused on invoice processing

Procurement Accounting focuses on managing financial records related to procurement transactions, ensuring accurate cost allocation and compliance. In contrast, Accounts Payable Specialists handle invoice processing, vendor payments, and maintaining payable records. While both roles require accounting knowledge, Procurement Accounting emphasizes procurement financial management, whereas Accounts Payable Specialists focus on payment processing and vendor relations.

Is procurement accounting a high stress job?

Procurement accounting can be moderately stressful due to the need for accuracy, meeting deadlines, and managing supplier relationships. The role often requires attention to detail, organizational skills, and familiarity with accounting software, which can contribute to workload pressure during busy periods.

What is a procurement accountant?

A procurement accountant is a professional responsible for managing financial transactions related to purchasing goods and services for an organization. They ensure accurate recording of procurement costs, monitor budgets, and may use accounting software to track expenses and compliance with financial policies.

What is the role of procurement accounting in procurement?

Procurement accounting in procurement involves tracking and managing the financial aspects of purchasing activities, including recording purchase transactions, verifying invoices, and ensuring compliance with budget and financial policies. It helps organizations control costs, maintain accurate financial records, and support audit processes. Procurement accountants often use accounting software and work closely with procurement teams to ensure proper financial reporting.

What are popular job titles related to Procurement Accounting jobs in Indiana?

For Procurement Accounting jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Procurement Accounting jobs in Indiana look for?

The top searched job categories for Procurement Accounting jobs in Indiana are:

What cities in Indiana are hiring for Procurement Accounting jobs?

Cities in Indiana with the most Procurement Accounting job openings:

Procurement Accounting jobs near you

Financial Analyst - Indianapolis, IN/On-Site

STI

Indianapolis, IN • On-site

Full-time

Re-posted 27 days ago

Job description

Financial Analyst
Indianapolis, IN/On-Site
7+ Months
Description:
The Financial analysts are the Analytical review and knowledge base to support IDOH and program directors to include understanding and ensuring proper financial requirements, spend, reporting, draws, rebates activities of each grant.
The Financial analysts are the Analytical review and knowledge base to support IDOH and program directors to include understanding and ensuring proper financial requirements, spend, reporting, draws, rebates activities of each grant. They are part of a team supporting the Agency commission and mission to promote, protect and improve the health and safety of all Hoosiers.
The Financial analysts are the critical oversight, and risk management review of financial activity. They will be working with teams, including accountants, and deputy controllers. Their insight, review and knowledge, oversees the financial impact of budget controls, deputy controller vision and direction, and the financial team process for procurement, accounting, contracting and revenue collection posting to the state financial system.
The Financial analyst is the direct contact to the Program directors who is their business partner, to ensure success in managing grants, goals, timelines, and providing expertise in review of budgetary constraints and purpose. The financial analyst will ensure the state financial system is setup and accurately provides controls as directed by the federal grant requirements and state policy.
The Financial analyst may have additional federal requirements of reporting, sub-recipient audits, county support, or state review of federal grant funds initiated by OMB/SBA and MOU to IDOH, as well as State agency MOU of grant participation and accountabilities.
Financial Analyst Requirements/Abilities:
Execute project set up requirements, and budget, grant and contract amendments, renewals and submissions.
Provide guidance to program directors through review and understanding of expectations to each grant and activity projected.
Awareness of accounting procedure, grant actives posting to the general ledger, requirements of transferring, or correcting journals, and posting of wires, deposits.
Reporting and reconciliation procedures for risk management, program support, and federal grant requirements.
Knowledge to meet accounting standards, in review and reporting of grants.
Critical thinking, in timing expectations and grant % requirements with expenses, vendor contracts, rebates,
wires, revenue, invoicing and payments.
Ability to communicate and intervene to represent and support the programs.

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