Manager of Accounts Payable

Summary/Objective

The Manager of Accounts Payable oversees all functions of the Accounts Payable Shared Services department, ensuring the timely and accurate processing of invoices and payments across multiple locations. The Manager will lead the team in identifying and implementing process improvements, ensuring compliance with company policies, and maintaining strong relationships with vendors and internal stakeholders.

Duties and Responsibilities

• Manage the end-to-end accounts payable process for the Shared Services team, overseeing operations across two locations.
• Ensure all invoices, purchase orders, and payment requests are processed accurately and on time, with a focus on optimizing workflows to meet business demands.
• Develop and implement training programs for new and existing team members to foster a high-performance culture and continuous improvement mindset.
• Collaborate with the finance team to maintain accurate financial records, reconcile discrepancies, and ensure timely month-end and year-end closing.
• Drive initiatives to enhance the efficiency and effectiveness of AP processes, including leveraging technology solutions to streamline workflows.
• Monitor and report on key accounts payable metrics, such as payment cycle times, vendor satisfaction, and invoice processing accuracy.
• Establish and maintain strong relationships with internal departments and external vendors to ensure smooth communication and issue resolution.
• Lead efforts to ensure compliance with all applicable financial regulations and internal controls, including overseeing year-end Form 1099 processing.
• Support financial and operational audits, as well as special projects identified by senior leadership.
• Other duties as assigned by the Controller or Shared Services Director

Competencies

• Exceptional leadership skills with the ability to motivate and develop a high-performing team.
• Strong knowledge of GAAP and revenue recognition principles.
• Excellent analytical skills with the ability to identify and implement process improvements.
• Proficient in accounting systems and ERP systems (Epicor Prophet 21 preferred), with advanced Excel skills.
• Strong communication and interpersonal skills, with the ability to work effectively with all levels of the organization.

Education and Experience

• Bachelor’s degree in accounting, finance, or a related field required.
• 5+ years of experience managing an Accounts Payable team, preferably in a shared services environment.
• Demonstrated experience with process improvements and technology integration in an AP function.