Accounts Payable Manager

3 weeks ago

Carrollton, United States DFW Healthcare MSO Full time
Job DescriptionJob Description

Accounts Payable Manager

IntraCare Health Center (DFW Healthcare MSO) provides services to multiple healthcare organizations in the greater Dallas-Ft. Worth area. Led by an exceptional leadership team, the company has delivered a decade of strong performance and service excellence in value-based care, clinic operations, and lab services.

IntraCare is an exceptional place to work We are culturally driven to be inclusive and respectful of all opinions. We encourage diversity in thought and approach; and we welcome healthy debate. We hire partners who add to our IntraCare family, versus workers. We empower our employees and help them to achieve their personal best. This uncompromising dedication to team culture and individual development is key to our success.

Summary

As Accounts Payable Manager, you will oversee the accounts payable processes within a Management Service Organization (MSO). You will be responsible for managing a team of accounts payable specialists, ensuring accurate and timely processing of vendor invoices, maintaining vendor relationships, and implementing efficient payment procedures. This role requires strong organizational skills, attention to detail, and knowledge of accounting principles.

Key Responsibilities:

  • Supervise Accounts Payable Team: Lead and manage a team of accounts payable specialists, providing guidance, training, and support as needed.
  • Invoice Processing: Oversee the timely and accurate processing of vendor invoices, including verification of invoice accuracy, coding, and approval routing according to established procedures.
  • Payment Processing: Manage the payment processing cycle, including scheduling and executing payments to vendors, reconciling payment records, and ensuring compliance with payment terms and deadlines.
  • Vendor Management: Develop and maintain positive relationships with vendors, addressing inquiries, resolving discrepancies, and negotiating favorable payment terms when applicable.
  • Expense Reporting: Coordinate with internal departments to facilitate the submission of expense reports, ensuring compliance with company policies and procedures.
  • Financial Reporting: Assist in the preparation of financial reports and analyses related to accounts payable transactions, including aging reports, cash flow projections, and accruals.
  • Compliance and Controls: Ensure compliance with relevant regulations, accounting standards, and internal controls governing accounts payable processes. Implement and maintain policies and procedures to mitigate financial risks and ensure data integrity.
  • Process Improvement: Identify opportunities to streamline accounts payable processes, improve efficiency, and reduce costs. Implement best practices and automation tools to enhance productivity and accuracy.
  • Audit Support: Provide support during internal and external audits, including gathering documentation, responding to audit inquiries, and addressing audit findings related to accounts payable activities.
  • Training and Development: Provide ongoing training and development opportunities for accounts payable staff to enhance their skills and knowledge of accounting principles, software applications, and industry trends.
  • Other duties as assigned

Qualifications:

  • Bachelor's degree in accounting, finance, or related field.
  • Previous experience in accounts payable management, preferably in a healthcare setting.
  • Strong understanding of accounting principles and practices, including GAAP.
  • Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and Microsoft Excel.
  • Excellent communication and interpersonal skills.
  • Ability to prioritize tasks, meet deadlines, and work effectively in a fast-paced environment.
  • Attention to detail and accuracy in data entry and financial analysis.
  • Knowledge of healthcare industry regulations and compliance requirements (e.g., HIPAA, CMS regulations) is preferred.
  • Leadership skills and experience managing a team of accounting professionals.

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