Accounts Payable Manager


AP Professionals
Published
June 6, 2024
Job Type
Salary Lower Range
57
Salary Upper Range
62
Salary Option
Hourly
City
Rochester

Description

IMMEDIATE NEED! AP Professionals has partnered with a large local company in search of a temporary Accounts Payable Manager for a minimum 60 day assignment, with the potential to be considered for the full-time position. The Accounts Payable Manager will oversee and manage high-volume accounts payable operations, with a mix of supervisory and hands-on responsibilities. The ideal candidate is someone collaborative, detail oriented, and self motivated. This is a hybrid position.

Responsibilities

  • Cultivates and maintains strong relationships across Shared Services teams and internal/external customer groups. Partners with key stakeholders to gain support for Shared Services programs and initiatives.
  • Oversees the daily operations of the Accounts Payable Department, including banking, invoice processing, , vendor maintenance, and disbursements.
  • Collaborates with Procurement staff and PO requisitioners to implement, train, and support best practices for the procure-to-pay (P2P) process.
  • Works effectively across functions and regions to support shared initiatives.
  • Leads/supports the design and development of Shared Services operational plans, promoting outstanding people management practices and resource utilization for a high-performing service delivery culture.
  • Ensures accurate transaction processing and timely communication with internal and external partners.
  • Partners with the Treasury Department to manage banking operations and the virtual card program for vendor payments.
  • Prepares and analyzes reports to create and/or manage key performance indicators (KPIs).
  • Provides guidance and leadership to functional teams, implementing policies and strategies that support business priorities and strategic direction.
  • Monitors and analyzes accounts payable processes and recommends improvements to increase efficiency and accuracy.
  • Ensures accurate and timely completion of month-end and year-end close processes for accounts payable.
  • Presents and communicates results and analyses to management to assist in driving business decisions.
  • Develops and manages the Accounts Payable team, setting individual and team goals, performance measures, and conducting performance evaluations. Facilitates ongoing professional development, ensuring staff members are effectively engaged and motivated.
  • Promotes a customer-centered service delivery culture and continuous improvement to meet service level agreements (SLAs) and customer expectations.
  • Manages the 1099 process and vendor master file management.
  • Ensures SOX compliance, working closely with internal and external auditors to assist with internal controls and provide documentation and support as needed.
  • Ensures compliance with tax regulations, accounting standards, and internal policies.
  • Leads/supports efforts to maximize the company's working capital, providing monthly accounts payable forecasting.
  • Leads/supports projects and initiatives, collaborating with IT and other business units to design, test, and implement solutions.

Education

  • Bachelor’s degree in Accounting, Finance, or related field

Experience

  • At least 5 years of relevant accounts payable experience required.
  • At least 3 years of experience managing direct reports in Accounts Payable.
  • Preferred experience with Oracle, Microsoft Dynamics 365, and QuickBooks.
  • Experience working in a SOX environment.

Knowledge, Skills, Abilities, and Other Characteristics

  • Exceptional interpersonal, written, and verbal communication skills.
  • Proven problem-solving and resource management abilities.
  • Strong data analysis skills, computer proficiency, and advanced MS Excel skills.
  • Ability to digest complex information and communicate it clearly and logically to others.
  • Effective collaboration and partnership skills to solve problems and achieve objectives.
  • Capability to lead, manage, and motivate others to support and achieve goals.
  • Essential knowledge of general accounting and SOX.
  • Adaptability and effectiveness in a dynamic, changing environment.
  • Efficient time management and multitasking skills to handle competing priorities.
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