Responsible for managing the Accounts Payable (AP) function, leading and supervising the AP team, ensuring timely and accurate vendor payments, maintaining compliance with financial policies and procedures, and supporting the career development of team members. This role requires strong leadership, excellent communication, meticulous attention to detail, and the ability to identify and implement process improvements.
Key Responsibilities:
- Team Leadership:
- Provide day-to-day guidance, set clear objectives, conduct performance reviews, and identify training needs for the AP team.
- Process Management:
- Oversee the end-to-end accounts payable process, ensuring accurate and efficient processing of invoices and timely payments to vendors.
- Compliance and Risk Management:
- Monitor adherence to company policies, financial regulations, and internal controls, and conduct reviews to address discrepancies.
- Vendor and Stakeholder Management:
- Serve as a key point of contact for resolving complex AP issues and build positive relationships with internal stakeholders (e.g., Procurement) and external vendors.
- Process Improvement:
- Proactively identify inefficiencies, recommend and implement improvements, and support the automation of AP processes.
- Financial Reporting:
- Assist with month-end closing activities, prepare financial reports, and provide insights into performance metrics such as SLAs.
- System & Tool Proficiency:
- Utilize accounting software (e.g., Microsoft Dynamics, Great Plains) to manage vendor accounts, process payments, and generate reports.
