Job Summary:
The Accounts Payable Manager will lead and manage the full cycle of the accounts payable function, ensuring timely and accurate processing of invoices, payments, and expense reports in compliance with company policies and financial regulations. This role is crucial for maintaining strong vendor relationships and optimizing AP processes.
Responsibilities:
- Overseeing the daily operations of the Accounts Payable department, including invoice processing, vendor maintenance, and payment runs.
- Ensuring timely and accurate processing of all vendor invoices, purchase orders, and expense reports.
- Managing the month-end closing activities for Accounts Payable, including accruals, reconciliations, and reporting.
- Developing, implementing, and enforcing AP policies and procedures to ensure internal controls and regulatory compliance.
- Leading, mentoring, and managing the Accounts Payable team, including performance evaluations and professional development.
- Facilitating the transition to and maximizing the utilization of AP automation and ERP systems (e.g., SAP, Oracle).
- Managing vendor relationships and addressing complex payment issues or disputes promptly and professionally.
- Coordinating with internal teams (Procurement, Operations) and external auditors for information requests and audits.
- Monitoring AP aging reports and managing cash flow requirements related to vendor payments.
- Identifying and implementing process improvements to enhance efficiency, accuracy, and reduce operating costs within the AP function.
Key Skills and Qualifications required:
- Must have Bachelor's degree in Accounting, Finance, or a related field; a relevant certification (e.g., CPA, CMA, ACCA) is highly desirable.
- Must have 8-10 years of experience in Accounts Payable, with at least 2 years in a management/supervisory role, preferably within the Energy or Environmental Services sector.
- Expert knowledge of ERP systems (e.g., SAP, Oracle) and strong proficiency in AP automation tools and Microsoft Excel.
- Excellent communication and leadership skills with the ability to manage a team and interact effectively with internal and external stakeholders.
- In-depth understanding of GAAP/IFRS and accounts payable best practices, internal controls, and financial reporting.
