The Travelers Companies, Inc

Accounts Payable Analyst

The Travelers Companies, Inc • $67K — $110K *
Boston, MA 02115Hybrid
Finance & Insurance
Less than 5 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • 3+ years of experience in Accounts Payable or transactional finance role
  • Exceptional attention to detail managing high-volume data entry
  • Problem-solving mindset for tracing variances and missing approvals
  • Experience or strong interest in automation tools
  • Clear and professional communication skills
  • Proficiency in cloud ERPs/accounting software and Excel, SAP and Concur preferred

Responsibilities

  • Own end-to-end processing of vendor invoices with accurate coding and compliance
  • Prepare and execute payment runs, ensuring timely vendor payments
  • Complete daily and month-end bank reconciliations, resolving variances
  • Administer corporate expense management system for policy compliance
  • Act as primary point of contact for supplier queries and discrepancies
  • Assist finance team during month-end close and accruals identification
  • Identify workflow bottlenecks and participate in process automation projects
  • Support Financial Controller and VP of Finance with ad hoc tasks

Benefits

  • Medical, dental, vision, and prescription drug coverage
  • Short and long term disability, plus life insurance
  • Participation in bonus program and 401(k) with 5% employer match
  • Commuter benefits for parking and public transit costs
  • 25 vacation days, 10 sick days, and 10 company holidays
  • Investment in learning, development, team outings, and volunteer opportunities
  • Flexible hybrid working model
Full Job Description
Job Category
Finance

Position Type

Compensation Overview

The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary Range
$67,000.00 - $110,600.00

Target Openings
1

What Is the Opportunity?
We are looking for a detail-oriented and proactive Accounts Payable Analyst to join our finance team! Reporting to the Financial Controller, this role will own the end-to-end accounts payable process, manage company expenses, and handle critical cash management support. The ideal candidate will have a sharp eye for detail, strong communication skills to interact with a variety of functional leads, and a passion for efficiency. This is a fantastic opportunity for an AP professional who wants to move away from mundane data entry and help us leverage automation to streamline our transactional workflows.As an Accounts Payable Analyst, you will:
  • Invoice Processing: Own the end-to-end processing of all vendor invoices, ensuring accurate coding, tax compliance, and appropriate departmental approvals.
  • Payment Runs: Prepare, review, and execute weekly and ad hoc payment runs, ensuring vendors are paid accurately and within agreed terms while optimizing cash timing.
  • Bank Reconciliations: Complete daily and month-end bank reconciliations, identifying and resolving any variances swiftly to support the month-end close.
  • Expense Management: Administer the corporate expense management system, reviewing employee credit card and out-of-pocket expenses for policy compliance and accurate accounting entry.
  • Vendor Relations: Act as the primary point of contact for all supplier queries, resolve statement discrepancies to maintain accurate accounts and professional supplier communication.
  • Month-End Support: Assist the broader finance team during the month-end close by ensuring all AP ledgers are closed cleanly, accruals are identified, and supplier statements are reconciled.
  • Process Optimization: Identify bottlenecks in the current invoice and expense workflows, actively participating in projects to automate manual steps and reduce processing times.
  • Team Support: Carry out ad hoc work as required by the Financial Controller and VP of Finance to support business growth and supporting the wider finance team where required.
What we are looking for:
  • Experience & Foundation: 3+ years of dedicated experience in an Accounts Payable or transactional finance role.
  • Attention to Detail: Exceptional organizational skills with a proven track record of managing high-volume data entry with a near-zero error rate.
  • Problem-Solving Mindset: The ability to trace variances in bank reconciliations and confidently investigate missing invoice approvals across the business.
  • Automation & Tech-Savvy: A forward-thinking approach to manual tasks, with experience (or a strong interest) in utilizing modern optical character recognition (OCR), AI data-capture, and automated expense tools.
  • Communication: Clear and professional communication skills, comfortable chasing internal stakeholders for approvals and handling vendor queries with diplomacy.
  • Systems Mindset: Strong proficiency in modern cloud ERPs/accounting software and Excel, with a drive to minimize "human-in-the-loop" time for routine data processing. Experience with SAP and Concur preferred, but not required.


What Is in It for You?

Here are some of the great benefits and perks that come from being a Simply Business employee:

  • Group plan for medical, dental, vision, and prescription drug coverage.
  • Short term disability, long term disability, and life insurance coverage.
  • Participation in the Company's bonus program-Participation in 401(k) plan with a 5% employer match.
  • Commuter benefits to help cut down on parking and public transit costs.
  • 25 days of vacation time plus 10 sick days and 10 company holidays.
  • A genuine investment in your learning and development-Regular team outings and volunteer opportunities.
  • An awesome office space.
  • A hybrid working model, giving our employees great choice and flexibility to work in a way that's best for their particular job, their teams, and their lives.

About The Travelers Companies, Inc

Travelers is an insurance leader, committed to keeping pace with the ever-changing needs of their customers and anticipating their needs for the future. There is no stronger testament to their dedication to protecting customers from loss than their continued innovation and ability to transform their industry. In fact, from the first-ever auto and space travel policies and hybrid car discount, to the 2009 founding of The Travelers Institute for public policy, their history of advancements has propelled their company—and their industry—towards ever higher standards for customers. Travelers is a company that works hard at the science of what they do: they analyze information, process perspectives and measure results to create the best combination of products and services. They work equally hard at customer service and how they interact with the people whom they do business. Over the years, they've strived to earn their customer's loyalty by continually improving their abilities to listen and respond to their needs.

The Travelers Companies, Inc Careers

Join the vibrant team at The Travelers Companies, Inc, a leader in the insurance industry, and propel your career to new heights with a company known for its commitment to innovation, leadership, and professional growth.

Explore Job Opportunities and Growth

At The Travelers Companies, Inc, we offer a plethora of job opportunities that cater to a variety of skills and professional interests. Whether you're seeking a position in management, customer service, underwriting, or IT, we have a place for you. Our commitment to professional growth means we provide unparalleled career advancement tools and leadership training to help you climb the ladder of success.

Internship Programs: A Gateway to Employment

Kickstart your career with our dynamic internship programs. These opportunities are designed not just to teach, but to challenge and expand your understanding of the industry. Internships at Travelers are a perfect way to enhance your resume and gain valuable real-world experience, making you a competitive candidate for future employment.

Culture and Benefits

At The Travelers Companies, Inc, we pride ourselves on a culture that fosters diversity, networking, and innovation. Our team is our family, and we support each other's professional and personal growth. The benefits at Travelers are comprehensive, designed to meet the diverse needs of our employees, including health, wellness, and continuous education.

Hiring Process: What to Expect

Our hiring process is straightforward and transparent, designed to find passionate, curious, and solution-driven team players. From the initial application and resume submission to the interview, we ensure that every candidate is treated with respect and given a fair chance to demonstrate their capabilities.

Career Development and Training

We believe in nurturing talent and providing our team with the tools they need to succeed. Our career development programs include professional training, diversity training, and skills enhancement workshops. These resources are tailored to foster innovation and empower our employees with the latest industry knowledge and best practices.

Join Our Team

Are you ready to explore the exciting career opportunities at The Travelers Companies, Inc? Search open positions that match your skills and interests. We are always looking for individuals who are driven to innovate and lead.

Stay Connected

Keep up to date with the latest news, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the rewarding opportunities that await at The Travelers Companies, Inc.

Explore Careers at The Travelers Companies, Inc

Embark on a journey of growth, opportunity, and excellence. At The Travelers Companies, Inc, your career is just beginning. Join us and make a difference in a company that values leadership, diversity, and forward-thinking.
Learn more about The Travelers Companies, Inc
Size
30,800 employees
Market Cap
$44.1 billion
Industry
Finance & Insurance
Net Income
$2.6 billion
Founded
1853
5 Year Trend
+4.7%
Revenue
$32 billion
NASDAQ
TRV
* Ladders Estimates

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