Manager, Accounts Payable
The Role
As the Accounts Payable Manager at Cart.com, you will play a critical role in ensuring the accuracy and efficiency of our payment processes. You will lead a dynamic team responsible for managing all aspects of the accounts payable function, including processing invoices, ensuring timely payments, and maintaining strong relationships with vendors. Your ability to drive process improvements, ensure compliance, and provide strategic insights will be essential to the financial health and operational success of the company.
In this role, you will have the opportunity to shape and optimize our AP processes, working closely with cross-functional teams to support our fast-growing business. You will be a key player in our finance department, overseeing AP month-end close activities and preparing for internal and external audits. Your leadership will be instrumental in building a high-performing AP team that thrives on accuracy, efficiency, and continuous improvement.
What You'll Do
- Manage the AP Function: Oversee the entire accounts payable process, including invoice processing, payment execution, credit applications, vendor management, and reconciliation of accounts.
- Lead and Mentor the AP Team: Supervise a team of three to four AP associates, providing guidance, training, and performance feedback to ensure high standards of accuracy and efficiency.
- Ensure Compliance: Monitor and ensure compliance with company policies, tax regulations, and accounting standards, including W-9 and 1099 reporting.
- Process Improvement: Identify, recommend, and implement process improvements to enhance efficiency, accuracy, and scalability of the AP function, including automation and system enhancements.
- Vendor Relations: Develop and maintain strong relationships with vendors, resolving any issues related to invoicing, payments, or discrepancies in a timely and professional manner.
- Month-End Close: Support the monthly financial close process by preparing AP-related reconciliations, accruals, and reports, ensuring all AP transactions are accurately recorded.
- Data Analysis and Reporting: Prepare and analyze AP reports, providing insights and recommendations to senior management on cash flow, payment