AP Lead

Job Title: Accounts Payable and Treasury Manager

Location: New York, NY

General Catalyst is a dynamic and rapidly growing venture capital company seeking a highly skilled and experienced Accounting Manager to join our Management Company team. 

Job Description:

As the AP and Treasury Manager in our growing organization, you will play a pivotal role in overseeing the Accounts Payable (AP) and Treasury functions. Reporting to the Management Company Controller, in this role, attention to detail and a proactive, motivated attitude will be key, especially since you'll be working on a small, lean team where each member takes on significant responsibility. This position requires a seasoned finance professional with extensive experience in AP, Treasury, and finance operations management, specifically ensuring the efficient operation of our financial systems, Concur and NetSuite.

Responsibilities:

1. Finance Systems Management:




• Oversee the maintenance and optimization of finance systems, including Concur and NetSuite.


• Ensure system functionality meets the evolving needs of the organization.


• Collaborate with IT and other relevant stakeholders to implement system upgrades and enhancements.




2. Accounts Payable Management:




• Supervise the AP process from invoice receipt to payment disbursement.


• Review and approve vendor invoices, ensuring accuracy and adherence to company policies.


• Manage vendor relationships and address inquiries or discrepancies promptly.


• Develop and enforce AP policies and procedures to streamline processes and maintain internal controls.


• Year-end 1099 processing.


• Evaluating and document internal Accounts Payable controls.




3. Treasury Management:




• Oversee cash management activities, including cash flow forecasting, liquidity management, and bank reconciliations.


• Daily cash reporting 


• Execute daily cash transactions, including payments, wire transfers, and deposits.


• Monitor banking relationships and recommend optimization strategies.




4. Expense Management:




• Review and approve employee expense reports, ensuring compliance with company policies and guidelines.


• Develop and maintain expense reimbursement policies, providing guidance to employees as needed.


• Identify opportunities for cost savings and process improvements in expense management.




5. Team Leadership:




• Lead and provide guidance to a team of 1-2 individuals


• Foster a culture of collaboration, accountability, and continuous improvement within the greater team.

Qualifications:

• Bachelor's degree in Finance, Accounting, or related field; MBA or relevant professional certification (e.g., CPA, CTP) preferred.


• 10+ years of progressive experience in finance roles, with a focus on Accounts Payable, Treasury, and finance operations required


• Proficiency in finance systems, particularly Concur and NetSuite, with a track record of system implementation and optimization required


• Strong understanding of accounting principles, financial analysis, and internal controls.


• Experience in processing ACH payments, domestic and international wire transfers and overseeing banking relationships


• Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments and levels of the organization.


• Demonstrated leadership experience, including the ability drive results in a fast-paced environment.


• Detail-oriented with a high level of accuracy and integrity in financial reporting and decision-making.