Accounts Payable Manager

Key Responsibilities

• Play a leading role in the design and roll-out of a standardized AP process across the business.
• Oversee daily operations of the Accounts Payable department, ensuring timely and accurate processing of invoices and payments.
• Develop, implement and refine standardized AP policies and procedures within the shared service center framework to ensure timely and accurate vendor payments.
• Leverage NetSuite and IFS ERP systems to improve AP efficiency and reduce manual intervention.
• Manage vendor relationships, addressing inquiries, resolving disputes, and ensuring compliance with payment terms.
• Lead, mentor, and develop the AP team, fostering a culture of accountability and excellence.
• Support month-end and year-end closing activities, including reconciliations and reporting.
• Monitor and analyze AP metrics, such as invoice processing time, cost per invoice, and payment accuracy, to drive continuous improvement.
• Prepare and present AP performance reports to senior management.

Required Skills/Abilities

• Strong leadership and team management skills, with experience in mentoring and developing staff.
• In-depth knowledge of AP processes, policies, and best practices, including procure-to-pay workflows.
• Proficiency in AP automation tools and ERP systems, with the ability to leverage system capabilities for process improvements.
• Analytical skills to monitor KPIs and identify areas for process improvement.
• Excellent communication and interpersonal skills for vendor and cross-departmental collaboration.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong understanding of internal controls, compliance, and regulatory requirements.

Education And Experience

• Education: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Years of Experience: Minimum of 7-10 years of experience in Accounts Payable, with at least 3 years in a managerial role.
• Type of Experience: Experience in a shared service center or centralized AP function is highly preferred. Proven track record of implementing process improvements and driving automation in AP operations.