Hybrid Accounts Payable Specialist

MERAKis a global 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.
The 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.
Ensure accurate coding of invoices to the correct cost center, GL account, and project code in SAPExecute 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 notesPerform 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 endSupport internal and external audit by providing documentation, transaction evidence, and reconciliations on requestContribute to the working capital dashboard by providing accurate A/P data to the Working Capital & Finance AnalystSupport the cash flow forecast by providing reliable short-term payment commitments for the assigned jurisdictionFollow hub-wide A/P procedures and SLAs, and flag deviations or process gaps to the Head of Finance OperationsEnsure invoices are processed and paid in compliance with local tax and regulatory requirements for the assigned jurisdictionParticipate in process improvement initiatives within the hub
- suggest and test improvements to reduce processing time and error ratesMaintain full documentation of processes for audit readiness and business continuity purposes2-4 years in accounts payable, purchase ledger, or procure-to-pay in a structured finance environment~ SAP FI (A/P module) experience preferred~ Experience in a Shared Services Centre or centralized finance hub is a differentiator for all variants~ Background in industrial, manufacturing, or B2B services is preferred
- Solid understanding of Spanish VAT (IVA) rules: invoice requirements under the SII system, self-assessed VAT on intra-EU services, and VAT deductibility~ Familiarity with Spanish payment infrastructure: SEPA credit transfers, direct debit (SEPA B2B/Core), and domestic banking platforms~ Language: Spanish native or bilingual (primary working language); English B2Merak stands for sustainable health & comfort in Rail HVAC all-round (world-wide, across all modes, and over the entire life-cycle), delivering advanced solutions and services with an attractive and competitive quality, cost, and delivery schedule.#