The Accounts Payable (AP) Manager oversees the Accounts Payable department, ensuring the accurate and timely processing of invoices, payments, and expense reports. This role involves developing and enforcing procedures to improve AP processes, managing vendor relationships, and ensuring compliance with corporate policies and accounting principles. The AP Manager will work closely with other departments, such as Procurement, Finance, and Treasury, to support smooth financial operations and support budgeting and reporting needs.
Key Responsibilities:
Manage the AP Process:
Oversee the end-to-end accounts payable process, including vendor payments, invoice approvals, reconciliations, and expense reimbursements.
Ensure all transactions comply with company policies, IRS guidelines, and internal controls.
Coordinate with Procurement and Finance teams to verify goods received against purchase orders.
Team Leadership & Development:
Lead, train, and mentor the AP team to foster skill development and ensure performance meets company standards.
Set clear goals, KPIs, and performance metrics for the AP department.
Conduct regular performance reviews and provide constructive feedback.
Vendor and Stakeholder Relations:
Establish and maintain positive relationships with vendors, ensuring timely responses to inquiries and issue resolution.
Negotiate payment terms and discounts to optimize cash flow and vendor relations.
Process Improvement & Compliance:
Identify opportunities to streamline AP processes, reduce costs, and improve efficiency.
Develop, document, and enforce AP policies and procedures.
Ensure adherence to SOX compliance and other regulatory requirements.
United States
