Sr Mgr AP Research and Compliance

Key Responsibilities

Accounts Payable Automation & Process Improvement:

• Identify and lead strategic initiatives including the implementation of automation initiatives and process redesigns to improve the workflow and enhance the capability of assigned areas of responsibility.
• Monitor and assess automated workflows to ensure operational efficiency, reduce errors, and eliminate manual processing where possible.
• Lead the implementation, maintenance, and optimization of automated accounts payable systems to streamline invoice processing, approvals, payments, and purchasing cards.
• Evaluate and integrate emerging technologies or software tools to continuously improve the accounts payable process and reduce administrative overhead.
• Maintains communications with IT to investigate and review failed transactions that arise relating to the financial system.
• Lead and/or participate in periodic internal and external annual audits and special projects.
• Manage vendor master and payment processing

Team Leadership & Development:

• Manage and mentor a team of accounts payable professionals, ensuring alignment with company goals and financial policies.
• Provide guidance on task prioritization to ensure all deliverables are met within designated timeframes, managing any escalations.
• Foster a collaborative, results-driven environment through effective communication, training, and professional development.
• Set clear goals and targets for the accounts payable team, ensuring that operational targets are met consistently.
• Promote an inclusive and high-performance culture through coaching and accountability.
• Conducts annual performance reviews on direct reports, providing specific and routine feedback on their skills and development opportunities.

Reconciliations & Financial Reporting:

• Responsible for Month End Process
• Oversee and execute the reconciliation of accounts payable to the general ledger, ensuring that all discrepancies are identified and resolved in a timely manner.
• Review aging reports and proactively manage outstanding liabilities to ensure that payments are made in accordance with vendor terms.
• Ensure that all payment-related entries are accurately recorded, and resolve any issues related to missing or inaccurate invoices.
• Manage reporting and required filings to federal, state, and local governments (e.g., annual 1099 filing and unclaimed property reporting to state governments)

Internal Control, Compliance, and Risk Management:

• Establish, enforce, and monitor internal controls, identifying areas for improvement to strengthen the accounts payable process and the integrity of financial reporting.
• Ensure that all accounts payable functions follow best practices in terms of approval workflows, segregation of duties, and audit trails to reduce the risk of fraud.
• Identify risks within the payable process and take proactive steps to mitigate those risks.
• Collaborate with the audit team to prepare audit work papers and ensure that accounts payable processes comply with internal control policies and industry regulations.

Perform any other job responsibilities as required at the Company’s discretion.

Qualification & Requirements

Required Skills

• Demonstrated ability to lead teams through continuous change with clarity and confidence.
• High ethical standards with a strong commitment to transparency and accountability.
• Proven leadership and problem-solving skills, with a proactive mindset in identifying and addressing issues.
• Collaborative team player with the ability to leverage data analytics to drive decisions and optimize processes.
• Extensive knowledge of escheatment laws, 1099’s, accounting principles, internal controls and audit processes.
• Self-starter who thrives in both structured and unstructured environments.

Qualifications and Education Requirements

• Bachelor’s degree in accounting, finance, or related field.
• 5+ years of experience in accounts payable, with at least 2 years in a leadership role for a mid-sized or large shared services organization.
• A thorough knowledge of Oracle Fusion (Cloud) is preferable.
• Demonstrated experience in AP automation tools (e.g., Oracle Fusion, PowerBI, EdenRed).
• Proficient in Microsoft Office Suite, advanced skills in Excel (VLOOKUP, charts, pivot tables, formulas, etc.)

Benefits

No information available.