About Us
At Hach (www.hach.com), we ensure water quality for people around the world, and every associate plays a vital role in that mission. Our founding vision is to make water analysis better—faster, simpler, greener and more informative. We accomplish this through teamwork, customer partnerships, passionate experts, and reliable, easy-to-use solutions.
As part of our team, you’ll make an immediate, measurable impact on a global scale by enabling the world’s everyday water needs. You’ll also belong to a respectful and collaborative community that fosters career growth and professional development. You’ll be supported by resources that make a positive difference in your life because, at Hach, we value your authenticity and want your talents to shine.
Motivated by the highest possible stakes of climate change and global health, we’re working together within a rapidly digitizing industry to find innovative technologies that guarantee the safety of our water and our environment. More about us: https://www.hach.com/about-us
Hach is proud to be a Water Quality company in Veralto (NYSE: VLTO). Imagine a world where everyone has access to clean water, safe food and medicine, and trusted essential goods. That is the tomorrow Veralto is creating today. Veralto is a $5B global leader in essential technology solutions made up of over 16,000 associates across our Water Quality and Product Identification segments all united by a powerful purpose: Safeguarding the World’s Most Vital Resources.
About Role
ROLE DESCRIPTION
The purpose of this position is to effectively administer the Accounts Payable function by ensuring the processing and payment of invoices within the required timeframes, whilst adhering to Hach’s Procurement Policies and delegations. The position also assists staff on general inquiries related to creditors, requisitioning/purchasing and general ledger postings. Problems/decisions of limited complexity are addressed through policy and procedures, and direction/advice is available from the Finance Controller when required. Decisions involving changes to organizational procedures must be referred to by the Finance Controller for guidance or direction. No budget authority is provided for this position.
In addition, the position may be called upon to support other functions within the finance team at peak times as directed by the Finance Controller.
What You'll Be Doing (Job Responsibilities)
ACCOUNTS PAYABLE
Accurate and timely processing of accounts payable records daily
Electronic distribution of accounts payable invoices received daily
Generation of a weekly EFT payment batch and ad hoc if required
Processing payments to suppliers within Hach’s trading terms to comply with Hach’s Procurement Policy
Ensure proper financial delegations are adhered to as per Hach Procurement Policy
Ensure payments authorized by employees are within the DOA framework for approval and expenditure
Ensure all purchase orders are correctly allocated and maintained to ensure accuracy of committal amounts
Reconcile all creditor statements promptly at the end of the month
Undertaking end-of-month processes and related reconciliations
Ensure end-of-year accounts payable processes are completed and balanced in a timely and accurate manner and within the timeframes provided by the Finance Controller
Ensure records are maintained appropriately for capital invoices
Accurately process all accounts payable by Goods and Services Tax (GST) legislation and Hach policies and procedures
Undertake system testing in the Accounts Payable module on an as-needed basis
In undertaking the above-mentioned duties and responsibilities, the position will meet the following Work Standard:
EFT payment batches will contain a minimum of 140 invoices per week for a standard batch
Creditor statements are reconciled within 7 working days of receipt
End-of-month reconciliations are completed and provided to the Finance Controller for approval within 7 working days of the end of the month
GST data is input correctly into the accounts payable system to ensure GST reporting via the monthly BAS statement is accurate
Accounts payable Masterfile (Vendor Master File) data is checked and updated regularly
A weekly audit report of changes to the creditor database is provided to senior finance staff for checking and audit compliance, with an emphasis on changes to bank details being of the highest audit priority
Ability to identify warning signs of malicious emails to prevent potential invoice fraud
GENERAL FINANCIAL TASKS
Extracting data from Hach’s Corporate Credit Card system and using Excel to organize data into an appropriate format for uploading into Hach’s accounting system
Undertaking monthly follow-up of credit card holders/approvers as required
Maintain the prepayments register
Creation and processing of various AP journals promptly
Process end-of-month tasks, including reconciling monthly balance sheet accounts relating to the accounts payable function and general suspense accounts
Instigate follow-up action to ensure reconciliation information is correct and available at mandatory deadlines
Liaise and co-operate with Hach’s auditors when required
Undertake any other relevant duties as directed by the Finance Controller
In undertaking the above-mentioned duties and responsibilities, the position will meet the following Work Standard:
Basic to Intermediate MS Excel formulas can be effectively used to format data for upload into the Oracle accounting system
Credit Card transactional data is loaded monthly into the Authority accounting system in line with Hach’s Credit Card Policy
Prepayment register is updated every month and within 10 business days of the end of the month
Ability to prepare journal entries competently with approval/checking provided by the Finance Controller
Display ability to multi-task and learn new skills quickly when backfill of other finance roles/tasks is required
Undertake professional development when needed, if identified as part of the performance review process to further refine current skillset
Identifying continuous improvement ideas within the day-to-day operations of the role which will improve function productivity. Subsequently participate in any process improvement implementation projects under the direction of the Finance Controller
What We Are Looking For (Skills & Qualifications)
Minimum Certificate IV in Accounting and Bookkeeping
Minimum of 2 – 3 years’ experience in a similar role
Previous experience in accounts payable processing
Previous experience in reconciliation of balance sheet accounts
Sound knowledge of current GST legislation and its application
Knowledge of electronic paperless invoice processing
Demonstrated ability to identify warning signs of malicious emails which have an intention of invoice fraud
Demonstrated knowledge of basic accounting principles and their practical application
Demonstrated intermediate level computer literacy in MS Office Excel and Outlook
Reasonable knowledge of Oracle
Diversity & Inclusion:
At Veralto, we are dedicated to building and sustaining a truly diverse and inclusive culture. These are not just words on a page—Diversity and Inclusion is a top priority for the company, and it ties deeply to each of our core values. Veralto and all Veralto Companies are equal opportunity employers that evaluate applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity, or other characteristics protected by law.
At Veralto, we value diversity and the existence of similarities and differences, both visible and not, found in our workforce, workplace and throughout the markets we serve. Our associates, customers and shareholders contribute unique and different perspectives as a result of these diverse attributes.
If you’ve ever wondered what’s within you, there’s no better time to find out.
Unsolicited Assistance
We do not accept unsolicited assistance from any headhunters or recruitment firms for any of our job openings. All resumes or profiles submitted by search firms to any employee at any of the Veralto companies, in any form without a valid, signed search agreement in place for the specific position, approved by Talent Acquisition, will be deemed the sole property of Veralto and its companies. No fee will be paid in the event the candidate is hired by Veralto and its companies because of the unsolicited referral.