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Accounts Payable Manager 16283734
Silver Spring, MDNEW 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:
Accounts Payable Manager Requirements:
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.