Accounts Payable Analyst

About Metergy Solutions Inc. (“Metergy”)

Metergy has the energy, rapid growth and excitement of a startup, together with a rock-solid, recession-proof business that has a 45 year track record. We’re a technology company that drives huge carbon emission reductions. This is a once-in-a-career opportunity.

As one of North America’s most experienced submetering providers, Metergy has brought turnkey solutions to clients for over 45 years. Metergy supplies, installs and remotely reads meters to measure individual suite consumption of electricity, water, gas, and thermal energy in multi-residential and commercial buildings, and bills and collects for the cost of commodities and administrative charges for the services provided. The business model allows for long-term recurring revenue through an innovative Submetering as a Service (SaaS) model. Submetering is proven to reduce in-suite energy consumption by 40%, driving decarbonization efforts for Metergy’s clients. This performance has enabled Metergy to issue green bonds and obtain green financing.

Positioned as the #1 submeter provider in the New York and Canadian markets, and one of the largest in North America, Metergy has more than 900,000 contracted meters, issues over 4M utility bills annually and has over 500 team members. Metergy is a portfolio company of Brookfield Infrastructure Partners. Brookfield is one of the world’s largest investors, owners and operators of infrastructure assets across the utilities, transport, energy, data and sustainable resources sectors. This sponsorship provides Metergy with access to large-scale capital, infrastructure investment expertise and global reach.

Our Mission

Provide building owners and occupants with accurate and reliable utility consumption data through market-leading expertise in turnkey submetering and billing, while fostering a workplace with inspired team members empowered to do more good.

Position Summary

As an Accounts Payable (AP) Analyst, you will play a key role in vendor management, including setting up vendors and clients on EFT, processing invoices, and monitoring outstanding accounts payable responsibilities.

The ideal candidate will possess strong analytical skills, excellent communication capabilities, and a proactive approach to ensure the accuracy and timeliness of banking information. They will be responsible for maintaining positive relationships with vendors and collaborating with a high-performing team to execute smooth weekly payment runs, all while ensuring compliance with company policies.

Vendor Analysis: Monitor outstanding AP invoices, statement of accounts, and ensure timely payments in accordance with vendor terms.

Payment Operations: Ensure invoices are processed with the correct coding and approval to help support the weekly payment processing activities.

EFT setups:

• Setting up vendors on EFT and/or ensuring their existing EFT information in the system is accurate and up to date.
• Perform penny testing for vendors that have new EFT information, ensuring that the new banking information is correct before processing future transactions.
• Account Reconciliation: Investigate and resolve invoice discrepancies, payment disputes, or billing errors in collaboration with internal departments and vendors.
• Vendor Communication: Maintain positive vendor relationships by providing timely updates on payment status, and handling administrative tasks related to vendor setup and maintenance.
• Additional tasks:
  • Maintain safeguards of confidential company information.
  • Partner with operations and management to ensure departmental workflow efficiencies, and adherence to internal controls, policies, and procedures.
  • Provides continuous feedback to management, while making recommendations for corrective action and process improvement opportunities.
  • Other duties and special projects as requested.

Bachelor’s Degree in Business, Accounting, Finance, or a related field.

Two (2) to Three (3) years in AP or similar role. Experience with utilities preferred but not required.

Strong Excel skills (e.g. pivot tables, VLOOKUPs, formulas)

General Accounting Knowledge

Familiarity with ERP systems (Microsoft Dynamics) is preferred

Knowledge of the procure-to-pay (P2P) cycle

Familiarity with invoice processing, 3-way matching, and payment terms

Ability to reconcile accounts and identify discrepancies

Detail-oriented with strong problem-solving ability

Ability to handle high volumes of transactions and meet deadlines

Strong time management and multitasking abilities

Clear verbal and written communication

Ability to work collaboratively with vendors, internal departments, and team members