Accounts Payable Manager

Salary depends on experience
Posted on 09/21/17
Wilmington, MA
11 - 15 years experience
Consumer Goods / Miscellaneous
Salary depends on experience
Posted on 09/21/17

Responsible for the design, process re-engineering and daily management of the end to end process and control requirements of company’s high volume, full cycle Accounts Payable process.  Work to ensure ongoing compliance and achievement of “pass” status on all SOX related controls.   Resource will establish and manage to a strong working relationship with the corporate procurement team, serve as working member of Procure to Pay (P2P) solution assessment and implementation team(s) and serve as a member of the Financial Operations Leadership team.

  • Develop & report on Metrics & Key Performance Indicators (KPI’s) in support of Accounts Payable performance, financial results (P&L / Balance Sheet) and overall contributions to company value creation
  • Structure and manage staff to ensure completion of accurate and timely A/P deliverables while providing guidance on moderate to complex issues and ensuring that all team members provide a consistently high level of service and performance
  • Ensure the design and implementation of a vendor management process that includes timely, accurate vendor file maintenance, compliance with tax related process responsibilities and maximization of payment terms that drive favorable cash flow impact.
  • Design, implement and manage procedures required to mitigate duplicate or erroneous payments
  • Work with Procurement team to develop Procure to Pay (P2P) processes that continuously increase Purchase Order compliance %.
  • Develop, implement and manage processes required to increase automated payment % methods as a % of overall payment output.
  • Partner with accounting team to ensure the successful, timely and accurate completion of all Accounts Payable related monthly, quarterly and annual fiscal requirements
  • Identify and drive implementation of enhanced or automated Accounts Payable solutions or tools designed to increase scalability while improving group productivity and efficiency.
  • Ensure development and completion of AP policies, procedures and process documentation as well as drive ongoing process evaluation and testing in support of process compliance, Internal Audit and SOX requirements.  Work to ensure ongoing compliance and achievement of “pass” status on all AP related SOX controls.
  • Work with team members to ensure the timely and thorough completion of (1) annual goals and objectives, (2) employee performance assessments and (3) employee development plans
  • Bachelors degree and/or AP or 2P2 Manager certification
  • Minimum of 10 years progressive full cycle AP experience, including 5 year of management
  • Knowledge of accounting and tax regulations (as pertaining to AP)
  • Experience with Procure to Pay system implementations and process management
  • Excellent communication skills (verbal and written) and proven ability to effectively communicate with cross functional business professionals (internal and external) at all levels
  • Excellent Excel, Word and PowerPoint skills, PeopleSoft knowledge preferable
  • Outstanding leadership, organizational skills and ability to effectively lead and oversee team within a high volume, service related atmosphere
  • Experience with SOX activities and controls, interfacing with Internal Audit and resolving process and control issues
  • Detailed-oriented with a proven ability to effectively prioritize

15048

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