Accounts Payable Manager

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Job Description - Accounts Payable Manager

Category
Accounting/Finance

Description

The Accounts Payable Supervisor oversees the accounts payable department's daily operations, ensuring accurate and timely processing of invoices, payments, and expense reports. This role involves supervising a team, implementing process improvements, and ensuring compliance with company policies and financial regulations.

Essential Duties and Responsibilities:
Supervision and Leadership:

Lead, train, and mentor a team of accounts payable clerks and specialists.

Assign tasks, set performance standards, and conduct performance evaluations.
Foster a collaborative and efficient work environment.

Accounts Payable Operations:

Oversee the processing of invoices, expense reports, and payment transactions.
Ensure accurate coding and approval of invoices in accordance with company policies.
Manage the vendor payment process, including check runs, ACH payments, and wire transfers.

Process Improvement:

Identify opportunities for process improvements and implement best practices.
Develop and maintain accounts payable policies and procedures.
Automate and streamline accounts payable processes to increase efficiency.

Compliance and Reporting:

Ensure compliance with company policies, GAAP, and regulatory requirements.
Prepare and analyse accounts payable reports, metrics, and KPIs.
Assist with internal and external audits, providing necessary documentation and explanations.

Vendor Management:

Maintain positive relationships with vendors and resolve any payment issues or discrepancies.
Negotiate payment terms and manage vendor inquiries.
Conduct regular vendor reconciliations and maintain accurate vendor records.

Financial Coordination:

Collaborate with the finance and accounting teams to ensure accurate month-end and year-end closing.
Assist in the preparation of financial statements and management reports.
Monitor cash flow requirements related to accounts payable activities.

Technology and Systems:

Utilize accounts payable software and ERP systems efficiently.

Troubleshoot system issues and coordinate with IT for system enhancements.

Ensure data integrity and accuracy within the accounts payable system.

Position Requirements

Education : Bachelor's degree: Accounting, Finance, or a related field.

Preferred Qualifications:

Professional certification (e.g., CPA, CMA) is a plus.
Experience with process automation and digital payment solutions.
Experience:

Minimum of 5 years of experience in accounts payable, with at least 2 years in a supervisory role.

Skills:

Strong leadership and team management skills.
Excellent organizational and time management abilities.
Proficiency in accounts payable software and ERP systems.
Strong analytical and problem-solving skills.
Exceptional attention to detail and accuracy.
Effective communication and interpersonal skills.
Knowledge of GAAP and financial regulations.
Physical/Other Requirements:

Standard office environment with potential remote work flexibility.
May require occasional overtime during peak periods or audits.
Ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state, and local standards.
Must be able to lift and carry up to 30 lbs.

Full-Time/Part-Time
Full-Time

Position
Accounts Payable Manager

Exempt/Non-Exempt
Non-Exempt

Open Date
6/11/2024

Location
Corporate- 999

About the Organization
Wilbert Funeral Services Inc. is a concrete manufacturer and service provider to the funeral service, building trades and agricultural market places. Manufactured products include burial vaults, monuments, septic tanks, retaining walls, storm shelters and miscellaneous agricultural precast products. Our operations include manufacturing plants and warehouses in 20 states.

EOE Statement
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.

This position is currently accepting applications.
Original job Accounts Payable Manager posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.
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