Accounts Payable Manager

Job Responsibilities

• Manage and lead the Accounts Payable team, including hiring, training, performance management, and professional development.
• Oversee the end-to-end accounts payable process, from invoice receipt to payment, ensuring timely and accurate processing.
• Ensure compliance with company policies and regulatory requirements.
• Utilize and optimize SAP functionality, with a strong focus on the Vendor Invoice Management (VIM) module, to streamline invoice processing, approvals, and workflows.
• Identify and implement process improvements and automation initiatives to enhance efficiency and reduce manual efforts within the AP department.
• Collaborate with internal departments to resolve invoice discrepancies and improve interdepartmental processes.
• Manage vendor relationships, resolve payment issues, and ensure vendor satisfaction.
• Oversee month-end and year-end close activities related to accounts payable.
• Prepare and analyze AP reports, providing insights into payment trends, vendor performance, and potential cost savings.
• Develop and maintain robust internal controls to safeguard company assets and prevent fraud.
• Absorb and provide necessary documentation and explanations for internal and external audits.

Requirements

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• 5+ years of progressive experience in accounts payable, with at least 2 years in a management or supervisory role.
• Mandatory: Proficiency with SAP.
• Highly Preferred: Experience with SAP Vendor Invoice Management (VIM) module and Purchase Module.
• Experience in a retail or high-volume transaction environment is a significant advantage.
• Strong understanding of accounting principles and accounts payable best practices.
• Excellent leadership, communication, and interpersonal skills.
• Proficiency in Microsoft Office Suite (Excel, Word, Outlook).
• Detail-oriented with a strong commitment to accuracy and efficiency.
• Ability to thrive in a fast-paced and dynamic work environment.

Qualifications

Salary: $90,000 - $120,000