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Accounts Payable Manager
3 months ago
Why you’ll love it here
+ Benefits include Medical, Dental, Vision, Tuition Reimbursement, Pet, and Legal Insurance.
***:
- The Accounts Payable Manager reports to the Senior Manager Accounting
- Located in Bedford Park
- Full-Time
- Hybrid
We are seeking a seasoned and detail-oriented Accounts Payable Manager to oversee the day-to-day operations of our accounts payable department. The Accounts Payable Manager will be responsible for maintaining accurate and efficient accounts payable processes, implementing internal controls, and driving continuous improvement initiatives. This role requires a proactive professional who can lead a team, manage vendor relationships, and contribute to the strategic goals of the organization.
**ESSENTIAL FUNCTIONS & RESPONSIBILITIES**:
- Team Leadership:
- Supervise and lead the accounts payable team, providing guidance, coaching, and fostering a collaborative work environment.
- Conduct performance evaluations and identify opportunities for skill development.
- Process Optimization:
- Implement and maintain effective internal controls to ensure accuracy and completeness in accounts payable processes.
- Continuously identify opportunities for process improvements and efficiency gains.
- Vendor Relationship Management:
- Cultivate positive relationships with key vendors to enhance communication and resolve issues promptly.
- Collaborate with vendors to negotiate favorable payment terms and discounts.
- ERP Utilization:
- Utilize and optimize the capabilities of the ERP system for efficient accounts payable management.
- Provide training to the team on ERP functionalities and ensure system accuracy.
- Compliance and Reporting:
- Ensure compliance with relevant tax regulations, reporting requirements, and company policies.
- Generate regular reports to track key performance indicators and identify areas for improvement.
- Payment Processing Oversight:
- Oversee the end-to-end accounts payable process, including invoice processing, approvals, and timely payments.
- Review and approve high-value invoices and resolve complex payment issues.
- Cross-Functional Collaboration:
- Collaborate with other departments, including IT and Treasury, to streamline banking interfaces and enhance data exchange processes.
- Work closely with the procurement team to optimize the procure-to-pay cycle.
**COMPETENCIES**:
- Strong attention to detail and accuracy.
- Proactive problem-solving and continuous improvement mindset.
- Excellent leadership and interpersonal skills.
- Effective communication with all levels of the organization.
- Ability to prioritize tasks, delegate effectively, and meet deadlines.
- Strong customer service orientation.
**QUALIFICATIONS & EXPERIENCE**:
- 6 - 8 years of progressive experience in accounts payable, or equivalent Military or practical experience.
- 2+ years in a supervisory or managerial role.
- Thorough understanding of accounts payable practices, tools, and procedures.
- Experience with ERP systems; familiarity with InforM3 is advantageous.
- Knowledge of tax regulations and compliance requirements.
- Proven ability to lead process optimization initiatives.
- Team management and leadership experience.
- Ability to successfully pass a background check post offer acceptance.
PMIndeed
In addition to base salary, this role will be eligible for participation in TriMark’s’ benefits programs, including medical, dental, vision, 401K (with employer match), etc. Leadership positions may also qualify for participation in bonus programs commensurate with role and scope of responsibility.
TriMark’s commitment to diversity, inclusion and belonging is a purposeful mission of strengthening our organization and those we serve by uniting the unique and beautiful differences of our employees. This mission is instilled in the fiber of who we are as a company, setting the standard for our industry. We are committed to promoting diversity, inclusion and belonging through sharing, education, and experiences.
TriMark USA provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
