Accounts Payable Manager
About The Position
The Manager of Corporate Accounts Payable will oversee the Accounts Payable Supervisor and Accounts Payable Specialists, ensuring effective management of accounts payable operations. This role involves supervising a team for a high-volume shared-service accounts payable operation for a growing business. Delivering high quality service to the business includes developing strong processes and controls, managing high volumes of day, and supervising a team across a matrix organizational structure. This role requires a change agent who can build high quality, scalable processes that will support ongoing growth.
Requirements
- Bachelor's degree in Accounting, Finance, or related field
- Proven experience in accounts payable management, with a strong understanding of accounting principles
- Excellent leadership and team management skills
- Strong analytical and decision-making abilities
- Strong data management and Microsoft Excel skills
- Ability to develop creative solutions to complex and time-sensitive issues
- Proficiency in relevant software, including Microsoft Office
- Experience with ERP systems
Nice To Haves
- Experience with Microsoft Business Central and Dynamics 365
Responsibilities
- Lead and mentor the Accounts Payable team
- Develop and implement strategies for effective invoice processing and payment management
- Monitor team performance against key performance indicators (KPIs) such as Days Payable Outstanding, Invoice Processing Time, and Payment Accuracy
- Maintain a high-quality vendor-master that serves as the golden record for payment processing
- Coordinate with other departments to resolve vendor disputes and financial discrepancies
- Approve payment runs and ensure adherence to company policies
- Oversee the vendor onboarding process, including payment terms decisions
- Oversee annual 1099 filing process
- Ensure new acquisitions are properly set up to support payment processing
- Oversee the import of multiple payment files each day and quickly resolve issues to ensure prompt payment
- Ensure compliance with legal and regulatory standards in accounts payable processes
- Manage multiple competing priorities and ensure timely responses to requests
- Provide regular reports to senior management on accounts payable status and issues
- Participate in process improvement initiatives and special projects as needed
- Other related duties as assigned
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Number of Employees
501-1,000 employees
