Accounts Payable Manager

Overstock.com•Dallas, TX

About The Position

The Accounts Payable Manager leads and supports the accounts payable team and oversees invoice review, payment processing, vendor relationships, and accurate recording and reporting of accounts payable transactions. The role coordinates with internal departments to resolve invoice discrepancies, ensures payment requests comply with company policies, and works with the accounting team on journal entries and reconciliations. It also leads process improvements to streamline accounts payable operations. Bed Bath & Beyond describes its culture as inclusive, valuing individuality, understanding, acceptance, and respect.

Requirements

  • At least 7 years of accounts payable experience, including at least 2 years in a supervisory or managerial role.
  • Experience with Oracle.
  • Strong knowledge of accounts payable principles, practices, and procedures.
  • Excellent communication and interpersonal skills, with the ability to interact effectively with internal and external stakeholders.
  • Strong analytical and problem-solving skills, with a focus on continuous improvement.

Nice To Haves

  • A bachelor’s degree in accounting or a related field is preferred but not required.
  • Experience with a dropshipping e-commerce business model and high-volume accounts payable is preferred.

Responsibilities

  • Manage and oversee the accounts payable team, providing leadership, guidance, and support.
  • Review and approve invoices for payment, ensuring proper coding, authorization, and documentation.
  • Coordinate with internal departments to resolve invoice discrepancies and issues in a timely manner.
  • Maintain vendor relationships, including communicating payment terms and resolving vendor inquiries.
  • Work with the accounting team to ensure accurate recording and reporting of accounts payable transactions.
  • Lead process improvement initiatives to streamline accounts payable processes and enhance efficiency.
  • Manage preparation and processing of payment files.
  • Ensure approval of all payment requests in accordance with company policies.
  • Prepare journal entries and reconciliations.
  • Perform other job-related duties as assigned.
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