Accounts Payable Manager

Overview

The organization is seeking an Accounts Payable Manager to lead the accounts payable function and manage a team based in India. This role involves developing AP processes, training team members, ensuring compliance with company policies and guidelines, and overseeing accurate processing and accounting of disbursements and payables.

Responsibilities

• Manage and be responsible for all activities in the accounts payable function.
• Develop and maintain AP processes and policies.
• Document desktop routines for functional processing.
• Develop employee skills to maximize application and individual productivity.
• Perform required month-end accruals and reconciliations.
• Ensure timely payment of vendor invoices, employee business expenses, and other payments while maintaining accurate records and control reports.
• Escalate key supplier issues as needed.
• Suggest improvements to increase effectiveness and efficiency of the accounts payable process.
• Review records of amounts due to ensure invoices are paid according to terms, including monthly reconciliation of vendor statements.
• Direct invoice processing and verification of appropriate approvals.
• Ensure appropriate controls are implemented and maintained in compliance with internal control requirements.
• Resolve discrepancies, concerns, questions, and problems raised by employees, vendors, and/or management.
• Maintain direct communication with suppliers for inquiries and follow-up.
• Ensure accurate maintenance of vendor files and all related changes.
• Prepare and process year-end 1099 statements.
• Manage unclaimed property reporting and remittance processes.
• Assist with weekly cash flow forecasting using historical data, outstanding payables, and due dates.
• Interface with department heads to ensure compliance with company policies and procedures.
• Supervise, recruit, train, and develop direct reports within the accounts payable function.
• Support overall team development, including technical and interpersonal skills.
• Develop metrics for team performance management.
• Complete special projects as assigned by management.

Requirements

• Bachelor’s degree (Accounting or Finance preferred).
• 5 years of relevant work experience, including 2+ years’ experience managing an AP team.
• Ability to communicate with executive management and all departments across the organization.
• Good written and oral communication skills.
• Strong understanding of the financial cycle and month-end close process.
• Strong organization skills and ability to multi-task.
• Experience working with generally accepted accounting principles (GAAP) and accounting software.
• Ability to handle multifaceted internal and customer/supplier-facing issues.

Compensation & Benefits

• Medical, Dental, and Vision insurance
• Digital Health & Wellness Support
• Critical Illness, Accident, & Hospital Insurance
• Short-term & Long-term disability
• Group term & Voluntary life insurance
• Flexible Spending and Health Savings Accounts
• Paid Time Off & 401K

Location

Team is based in India.