Sr. Manager, Accounts Payable

About the role

Headquartered in Englewood Cliffs, N.J., Samsung Electronics America, Inc. (SEA) is the U.S. Sales and Marketing subsidiary of Samsung Electronics Co., Ltd. This role reviews and manages vendor invoices, payment processing, and vendor master data to achieve operational excellence and mitigate financial risk. The position identifies root causes of problems using data-driven approaches and collaborates extensively with vendors and internal stakeholders to analyze issues and provide solutions aligned with business strategies. Responsibilities include vendor invoice lifecycle management, payment execution, vendor banking information governance, and risk management.

Responsibilities

• Review and approve vendor invoices and purchase orders in accordance with company policy and three-way match requirements.
• Review vendor payments timely and accurately, ensuring compliance with payment terms and cash management guidelines.
• Manage vendor bank account information, including verification, updates, and secure handling of sensitive banking data.
• Conduct vendor bank information audits to detect and prevent fraud, unauthorized changes, or data discrepancies.
• Communicate with business units and vendors to resolve invoice discrepancies, payment inquiries, and provide guidance on submission requirements.
• Plan, develop, and conduct trainings for employees about the company’s vendor payment policy and process.
• Lead AP month-end closing in collaboration with other SEA departments and subsidiaries.
• Project management to meet time-sensitive deadlines and communicate with other corporate departments.
• Update company policy and process per global and local policy changes.
• Lead reporting and analysis for risk management items (fraud prevention, control gaps, duplicate prevention, and various audits).
• Set goals and manage KPIs in the AP vendor area.
• Manage and mentor AP team members.

Requirements

• Bachelor’s degree in Accounting, Finance, Business, or related field required.
• Minimum 8-12 years of experience in Accounts Payable, vendor management, or a similar field, including at least 2 years of people management.
• Experience leading a team and supervising staff to achieve personal and team goals within established timelines.
• Proven record of leading innovative process improvement projects.
• Experience with SAP or a similar ERP system preferred.

Skills

• Solid analytical and problem-solving skills.
• Ability to identify discrepancies and inconsistencies.
• Strong attention to detail.
• Diplomacy and ability to handle difficult situations.
• Excellent oral and written communication skills.
• Proficiency in Microsoft Office (Word & Excel), including V-lookup, Pivot tables, and Macros.
• AI tool implementation and usage skills in the job function preferred.
• Strong sense of urgency and timeliness in completing tasks.
• Ability to multi-task in a fast-paced environment.
• Strong relationship management skills.

For more information about life and benefits at Samsung, visit Life @ Samsung and Benefits @ Samsung.