Manager - Accounts Payable

Samsung Electronics Co., Ltd.$80K — $95K *
Plano, TX 75025In-Person
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Business, or related field required
  • Minimum 6-8 years of experience in Accounts Payable or vendor management
  • Experience with SAP or similar ERP system preferred
  • Strong analytical and problem-solving skills
  • Ability to work in a fast-paced environment while managing multiple tasks

Responsibilities

  • Review and approve vendor invoices and purchase orders based on company policy
  • Ensure timely and accurate vendor payments while complying with payment terms
  • Manage and secure vendor banking information updates
  • Conduct audits of vendor bank information to prevent fraud
  • Communicate with internal teams and vendors to resolve discrepancies and inquiries
  • Support month-end closing activities in collaboration with other departments
  • Assist with reporting on vendor risk management and audits

Benefits

  • Comprehensive health and wellness programs
  • Retirement plan options with company matching
  • Employee discounts on products and services
  • Opportunities for professional development and growth
  • Flexible work arrangements and a supportive environment
Full Job Description
Position Summary

Reviews and manages vendor invoices, payment processing, and vendor master data to achieve operational excellence and mitigate financial risk. Identifies root cause to problems and uses data driven approaches to solve them. Extensive interaction with vendors and internal stakeholders to identify issues and analyze information to provide solutions consistent with our business strategies. This role encompasses vendor invoice lifecycle management, payment execution, vendor banking information governance, and risk management based on company needs, and should go above and beyond assigned responsibility to support the AP function.

Role and Responsibilities

  • Review/Approve vendor invoices and Purchase orders in accordance with company policy and three-way match requirements
  • Review vendor payments timely and accurately, ensuring compliance with payment terms and cash management guidelines
  • Manage vendor bank account information, including verification, updates, and secure handling of sensitive banking data
  • Conduct vendor bank information audits to detect and prevent fraud, unauthorized changes, or data discrepancies
  • Communicate with business units and vendors to resolve invoice discrepancies, payment inquiries, and provide guidance on submission requirements
  • Support month end closing in collaboration with other SEA departments and subsidiaries
  • Project management to meet time sensitive deadlines and communicate with other corporate departments
  • Update company policy and process per direction from supervisor and conduct training for vendors/employees on invoice and payment procedures
  • Assist in reporting and analysis for vendor risk management items (fraud prevention, control gaps, duplicate prevention, and various audits)
  • Assist team members for all project related tasks


Skills and Qualifications

Background/Experience

  • Bachelor's degree in Accounting, Finance, Business, or related field required.
  • Minimum 6-8 years of experience in Accounts Payable, vendor management, or similar related field
  • Experience with SAP or similar ERP system preferred


Necessary Attributes & Skills

  • Solid analytical and problem-solving skills
  • Ability to identify discrepancies and inconsistencies
  • Strong attention to details is of paramount importance in this role
  • Diplomacy and ability to deal with difficult situations
  • Excellent Oral & Written Communication Skills
  • Solid Microsoft Office skills (Word & Excel) V-lookup and Pivot tables (Macros a+)
  • AI tool implementation and usage skills in the job function preferred
  • Attitude towards work and timeliness in completing daily tasks
  • Sense of urgency to get it done required Relationship Management
  • Ability to multi-task in fast paced environment


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