Current jobs related to AP Specialist - Carlsbad - CANYON BICYCLES USA INC

Position Title

Accounts Payable (AP) Specialist

Business Unit

Canyon Bicycles USA

Number of Facilities

1

Location

Carlsbad

Position Grade

U3/7

Direct Reports

0

Travel %

Up to 10%

Supervisor Title:

Accounting Manager

Position Summary

The Accounts Payable Specialist position is responsible for managing accounting and finance records in a best practices manner within a fast-paced and growing global company as well as a best-in-class brand in the action sports industry.

The role’s primary focus is on maintenance of all Company supplier records, corporate credit cards, employee expense and benefit obligations, including the timely recording of invoices and compliance of payments within terms to ensure optimization of cash flows. This role works closely with Supply Chain / Operations team members to ensure all material and services are received accurately and recorded into the proper accounting period. This position participates in the month-end closing process by evaluating supplier, employee, and credit card subsidiary ledger account activity. The position will also conduct reconciliations and adjustments as necessary to ensure accurate and timely reporting in accordance with U.S. GAAP (and IFRS as applicable to the international parent company). This role supports biannual independent audits by Canyon’s outside accounting firm, annual internal budgeting process and interim forecast updates, as well as additional projects directed by executive leadership.

All candidates must be articulate, broadly skilled team players with a high level of initiative, business acumen, and analytical and computing skills. An ideal candidate will possess strong knowledge of business operational cycles, purchasing and cost accounting principles, along with the desire, drive, and self-motivation to thrive in a fast-paced, demanding environment.

Summary of Role and Responsibilities:

• Manage full-cycle accounts payable and credit card process including high volume of Material and Financial invoices, automation and timely payment of supplier invoices within ERP system, banking and supplier portals, GL and vendor reconciliations and implement process improvements, as necessary.
• Collaborate with Supply Chain / Operations Department to ensure streamlined and efficient purchase order to supplier payment process cycle.
• Manage full-cycle employee expense reimbursement process including entry, audit, approval, automated payment and implement process improvements, as necessary.
• Coordinate and assist cross-functional managers/leaders with the management, liability recording, and compliance of Company’s employee benefit programs, including health and retirement plans.
• Assists Manager with maintenance of accurate Company’s balance sheet and P&L account balances ensuring proper coding and postings of transactions, research, account reconciliation and journal entry vouchers, as necessary.
• Assists Manager with oversight of Company’s cash flow to provide accurate and timely forecasts to Company’s Parent company, as necessary.
• Analyze and define issues, processing corrections in a timely and consistent manner, and adhering to generally accepted accounting principles (GAAP).
• Training of team members, reporting, and ad-hoc assignments as deemed necessary.

Major Challenge:

Ensuring accurate, complete, and timely supplier/credit card/employee payments and financial reporting requirements thereon are met.

Minimum Education Requirements:

Bachelor’s degree in accounting or finance, or equivalent combination of education and experience.

Minimum 3-5 years of experience managing full-cycle accounts payable function including account reconciliation, as necessary.

Knowledge, Skills, and Abilities

• Well versed in cash flow analysis, vendor accounts payable relationships and reconciliation
• Solid experience with MS Office Suite skills, in particular Excel and PowerPoint
• Excellent written and oral communication skills
• Proactive and adaptable to work assignments and projects within a fast-paced environment
• Skillful analytical and problem-solving skills

Additional Preferences:

• Previous experience in same or similar industry (sports product manufacturing // consumer goods)
• Experience with international reporting is a plus
• Experience in working with German parent company a plus
• Bilingual (German language) is a plus

Work Environment:

Hybrid assignments are performed within an office environment, with standard office equipment available.

Physical Factors

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this Job, the employee is regularly required to sit for extended periods of time; use hands to finger, handle, or feel the computer; reach with hands and arms and talk or hear. The employee must occasionally lift and/or move up to 25 pounds.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.