Accounts Payable Manager

LCMC Health•New Orleans, LA

11d

About The Position

The Manager of Accounts Payable leads day-to-day accounts payable operations and coordinates with stakeholders to ensure timely invoice processing and related functions. The role scales the team by implementing more efficient processes, serves as the subject matter expert for accounts payable matters, and partners with internal customers on continuous improvement. The position contributes to department strategy and best practices, reviews accounting records and reconciliations, advises on policies and accounting requirements, and maintains effective controls and procedures. It also oversees financial software maintenance and testing, supports improvements to accounting applications and reporting, and develops and manages accounts payable performance indicators. The manager coordinates staff and stakeholder training, participates in management meetings and departmental decision-making, monitors compliance with applicable laws and regulations, and provides vendor and field support as needed. This position formally supervises employees.

Requirements

Five years of experience in accounting, finance, or a relevant area.
Prior supervisory experience.
Bachelor's degree in Accounting, Finance, or a related field, or at least 10 years of progressive, relevant experience in Accounts Payable or a related financial management role, including supervisory experience, in lieu of a degree.
Excellent verbal and written communication skills.
Experience with automation, process improvement, and solution implementation.
Advanced Microsoft Excel skills.
Working knowledge of GAAP.
Experience with large-scale financial systems.
Strong organizational, detail-oriented, analytical, and interpersonal skills.

Responsibilities

Assist in formulating departmental strategy and implement best practices for the organization's accounts payable framework.
Monitor, review, and verify accounting records for accuracy and adequacy of accounts payable information.
Advise on financial policies and procedures, agency laws and regulations, and generally accepted accounting principles.
Develop, review, and maintain departmental policies and procedures, coordinating revisions and monitoring progress.
Develop cross-functional relationships and manage processes and controls.
Review and approve reconciliations of statements for complex invoicing cases.
Ensure invoices and other financial obligations are processed and paid in a timely manner.
Oversee routine maintenance and testing of financial software and provide input for improvements to accounting applications, reports, forms, records, and documented procedures.
Contribute to accounts payable continuous-improvement strategy.
Create, implement, and manage Accounts Payable key performance indicators and promote accurate, timely reporting.
Coordinate training activities for staff and stakeholders and participate in management team meetings and departmental decision-making.
Monitor accounts payable compliance and payments for compliance with applicable federal, state, and local laws and regulations.
Provide vendor and field support as needed.
Oversee aged invoices, credit balances, employee expenses, and the payment process, including batch approvals.