Accounts Payable Manager

Full-time

Description

Position Summary

Reporting to the Director of Working Capital, the AP Manager will be responsible for overseeing, directing, establishing, and refining all functions of the AP process including partner-vendor management and communication from initial onboarding to quick-pay approvals, ownership over AP and PO system, and a key contributor to the Company’s month-end close process. The AP Manager will have two direct reports and will work closely with the Finance and Operations Team to ensure partner-vendor invoice information is complete and payments are made timely. The AP Manager must be a team player with strong communication skills and superb attention to detail and must be able to thrive in a fast-paced and evolving organization.

Key Responsibilities

• Provide leadership in the AP and cost accounting functions and derivative areas of general ledger management
• Ensure AP System (Acumatica) is being leveraged to full capacity
• Supervise and oversight of AP Team and direct reports, including training, performance reviews, and recommendations regarding termination, discipline, and hiring.
• Ensure AP Team and direct reports are operating with adequate SOPs.
• Create and establish effective SOPs for AP Team and direct reports, including establishing performance metrics for direct reports, and creating standardized processes, procedures, and key indicators of success.
• Ensure timely and accurate entry of all vendor invoices and credit card transactions
• Leverages experience and expertise to proactively seek process improvement opportunities including maximizing the ERP and other automated tools to scale operations, and makes recommendations to management regarding those process improvements.
• Design, implement & maintain effective AP policies (SOPs), procedures & controls.
• Advise management on critical aspects of AP policies, procedures, and controls.
• Provide expertise over the processing, recording, and reporting of accounts payable transactions; review vendor invoices, 1099 reporting, and general ledger reports to ensure proper coding and authorization
• Manage all vendor ACH/wire payments including setup and validating templates in various bank accounts prior to payment and follow up with vendor to ensure all necessary bank information is obtained
• Implement and maintain controls for credit card usage, reporting, and compliance with company policies
• Manage key performance metrics including DPO and quick-pay partner percentage of total spend
• Manage and oversee the accounts payable and cost accounting monthly close process (stay on pace with pre-close and close activities, conduct statement reviews, drive account reconciliations, analysis, reporting)

Skills/Traits/Competencies

• Passionate about our mission and focus on supporting our Field Teams and partner-vendors
• Self-directed professional who can “own” tasks and projects from start to finish
• Ability to lead and motivate a team - is an effective leader and articulates clear and compelling standards and expectations.
• Self-Sufficiency and Autonomy: Has the ability and expertise to operate independently and with minimal oversight with respect to all job requirements.
• Problem-solving Skills: Ability to troubleshoot issues and find effective creative solutions. Investigates, resolves, and troubleshoots issues related to projects, including but not limited to quality control, budgeting, and timeliness, and uses expertise to find effective creative solutions. Organized & process-oriented

The successful and eligible candidates will receive a competitive compensation package that includes: health, dental, vision, life and AD&D, voluntary life, short-term and long-term disability, accident, critical illness insurance, hospital indemnity plan, employee assistance program, company-sponsored 401K retirement plan, holidays, cell phone stipend, and paid time off (PTO). Watterson is an E-Verify and Equal Opportunity Employer.

Requirements

Physical Requirements

• Prolonged periods of sitting
• Operating a computer.

Requirements

• BS in Finance, Accounting or Business Administration or equivalent is preferred
• 5-7+ years relevant experience including supervisory and/or managerial experience
• Experience with Acumatica Financial Software is preferred but not required
• System/ERP implementation & maintenance experience preferred – emphasis on vendor master table management and ownership
• Ability to work hard and function within a deadline driven environment
• Excellent verbal and written communication skills
• Strong multi-tasking skills concurrent with superior attention to detail
• Excellent critical thinking and problem-solving skills
• Proven track record of successfully managing local and remote team members and developing reporting

Salary Description

$65,000 - $75,000