Accounts Payable Supervisor

Regeneron Pharmaceuticals•Sleepy Hollow, NY

69d

About The Position

The Accounts Payable Supervisor is responsible for managing the organization's Accounts Payable process in a professional and knowledgeable manner, including hands on supervision of AP staff and managing daily AP production. This position directly oversees the processes associated with the payment of invoices, process improvements, and enforcing of corporate policies and procedures. The ideal candidate will have excellent communication, organizational skills and be able to supervise and develop their direct reports. As an Accounts Payable Supervisor, a typical day may include the following: Experience with using A/P automated systems, including scanning and electronic workflows Ensure and enforce compliance of A/P internal controls, policies, procedures and SOX requirements Oversee weekly payment runs and review of payment disbursement process prior to payment issuance Analyze and reconcile internal reports that will help with ensuring invoices are paid timely, review and resolve invoices with holds and those that are aging within the system Create, review and maintain logs/reports in an effort to identify the root cause of issues, monitor direct report daily production and ensure AP are meeting deadlines Experience with foreign currency and automatic tax withholding. Manage and develop direct reports, which includes overseeing and monitoring daily production and overall performance. Provide support for escalated issues and challenges and encourage their professional development Develop annual goal setting for direct reports and conduct employee evaluations, etc. Ability to effectively communicate with other departments, such as Accounting and Procurement, to ensure proper coding, resolve issues, and offer suggestions for system/process improvement. Ability to detect and resolve system issues in conjunction with Manager of Accounts Payable Identify, report and track issues while offering suggestions for system/process improvement Communicate with various departments and vendors. Initiate and attend meetings both external and internal to maintain business relationships This role may be for you if: You are interested in leading and/or participating in special projects as they arise You have direct people management experience

Requirements

BS and a minimum of 4-6 years of Accounts Payable experience
Must demonstrate the ability to exercise sound judgment, proficiency and expertise in developing and interpreting policies and in resolving issues not covered by standards, policies and procedures

Nice To Haves

AP Certification preferred
Oracle Accounts Payable, Microsoft Office, Kofax (document scanning) and MarkView (electronic workflow system) are a plus

Responsibilities

Experience with using A/P automated systems, including scanning and electronic workflows
Ensure and enforce compliance of A/P internal controls, policies, procedures and SOX requirements
Oversee weekly payment runs and review of payment disbursement process prior to payment issuance
Analyze and reconcile internal reports that will help with ensuring invoices are paid timely, review and resolve invoices with holds and those that are aging within the system
Create, review and maintain logs/reports in an effort to identify the root cause of issues, monitor direct report daily production and ensure AP are meeting deadlines
Experience with foreign currency and automatic tax withholding.
Manage and develop direct reports, which includes overseeing and monitoring daily production and overall performance. Provide support for escalated issues and challenges and encourage their professional development
Develop annual goal setting for direct reports and conduct employee evaluations, etc.
Ability to effectively communicate with other departments, such as Accounting and Procurement, to ensure proper coding, resolve issues, and offer suggestions for system/process improvement.
Ability to detect and resolve system issues in conjunction with Manager of Accounts Payable
Identify, report and track issues while offering suggestions for system/process improvement
Communicate with various departments and vendors. Initiate and attend meetings both external and internal to maintain business relationships
Interested in leading and/or participating in special projects as they arise
Direct people management experience