NEW exciting direct hire/ full time,Accounts Payable Manager role with amazing benefits! Our mission-based client is looking for an experienced, reliable, and detail-oriented accounting leader in the DC Metro area. This highly skilled professional will be responsible for overseeing the day to-day operations of the Accounts Payable department, ensuring accurate and timely processing of invoices, managing vendor relationships, and implementing efficient and effective accounts payable processes. The incumbent will play a crucial role in maintaining financial integrity, managing a team of AP professionals, and collaborating with cross-functional teams to drive process improvements and achieve departmental objectives. Roles like this one don’t last long – Apply today!
Accounts Payable Manager Responsibilities:
Lead and manage the Accounts Payable team, including hiring, training, and developing team members.
Set performance goals, provide regular feedback, and conduct performance evaluations.
Oversee the end-to-end accounts payable process, ensuring accuracy, efficiency, and compliance.
Develop and implement policies, procedures, and internal controls to safeguard financial assets.
Monitor and analyze key performance metrics to identify process bottlenecks and areas for improvement.
Continuously optimize the accounts payable process to enhance productivity and reduce costs.
Establish and maintain strong relationships with vendors and suppliers.
Resolve vendor disputes, inquiries, and issues promptly and professionally.
Ensure compliance with relevant accounting principles, regulations, and company policies.
Implement and enforce internal controls to prevent fraud, errors, and duplicate payments.
Collaborate with internal audit and external audit teams during audit processes.
Evaluate and recommend improvements to accounts payable systems and technologies.
Collaborate with IT and finance teams to implement system upgrades and enhancements.
Provide user support and training on accounts payable systems and processes.
Collaborate with cross-functional teams, including finance, procurement, and IT to streamline processes and improve efficiency.
Prepare regular financial reports, including aging reports, cash flow projections, and key performance indicators.
Analyze accounts payable data to identify trends, opportunities for cost savings, and process improvements.
Accounts Payable Manager Requirements:
Bachelor's degree in accounting, finance, or a related field.
5+ years of prior management or lead experience required; must be able to demonstrate the ability to motivate, train and coach a team to generate highly accurate results in a time-sensitive business environment.
Extensive experience in accounts payable, with a proven track record of managing AP operations.
Strong knowledge of accounts payable principles, practices, and relevant accounting standards.
Demonstrated leadership and people management skills.
Excellent analytical and problem-solving abilities.
Proficient in financial systems and PeopleSoft software.
Advanced Excel skills and data analysis capabilities.
Strong communication and interpersonal skills.
Detail-oriented, organized, and able to manage multiple priorities and deadlines.