Manager Accounts Payable

The Shared Services Accounts Payable Manager plays a critical role in overseeing and optimizing the accounts payable process within the shared services environment. This position requires a strategic leader with a strong background in accounts payable management, exceptional communication skills, and a proven ability to drive results in a fast-paced, dynamic setting.

Reports to:

VP of Accounting

• Lead and manage the accounts payable team within the shared services department, providing guidance, support, and mentorship to team members.
• Develop and implement effective accounts payable policies, procedures, and controls to ensure accurate and timely processing of invoices, payments, and vendor inquiries.
• Oversee the management of vendor relationships, including vendor onboarding, invoice approval workflows, and resolution of payment discrepancies and disputes.
• Ensure compliance with company policies, regulatory requirements, and internal controls related to accounts payable processes, including segregation of duties and adherence to payment terms.
• Monitor and analyze key performance metrics, such as invoice processing time, invoice accuracy, aging reports, and cash flow projections, and take proactive measures to optimize efficiency and reduce costs.
• Collaborate with cross-functional teams, including operations, procurement, finance, treasury, and external auditors, to streamline processes, resolve issues, and drive continuous process improvements.
• Lead the implementation and optimization of accounts payable automation tools, systems, and technologies to enhance productivity, accuracy, and scalability.
• Conduct regular performance reviews and provide ongoing training and development opportunities to enhance the skills and capabilities of the accounts payable team.