Accounts Payable Operations Manager
1 week ago
At Sonoco, a leading global packaging solutions company, we're seeking a skilled Accounts Payable Team Lead to oversee our day-to-day operations. This role requires a detail-oriented individual with strong leadership and organizational skills, who can manage a team, drive process improvements, and maintain compliance with company policies and procedures.
Key Responsibilities- Team Leadership & Management:
- Lead, coach, and mentor a team of AP specialists.
- Conduct performance evaluations, provide feedback, and support professional development.
- Manage workload distribution and ensure deadlines are met.
- Accounts Payable Operations:
- Oversee the end-to-end daily accounts payable operations, ensuring accuracy and compliance.
- Monitor and manage invoice processing, including three-way matching (PO, invoice, and receipt) and non-PO invoices.
- Ensure timely payments to vendors and efficient problem resolution related to payment discrepancies.
- Process Improvement & Compliance:
- Identify opportunities for process improvement.
- Ensure compliance with company policies, accounting standards, and regulatory requirements.
- Assist in the development and documentation of AP policies.
- Coordinate internal and external audits related to the AP function.
- Implement best practices in coordination with counterparts from BU Controllership, GBS, and Procurement.
- Reporting & Analysis:
- Prepare and analyze AP aging reports, payment forecasts, and other relevant financial data.
- Provide regular updates to management on key performance indicators (KPIs).
- Assist with month-end and year-end closing activities.
- Cross-Functional Collaboration:
- Work closely with the procurement, GBS, division finance, and treasury teams to ensure seamless operations.
- Support interdepartmental initiatives and projects as needed.
- Ad hoc reporting and projects as needed.
This is an exciting opportunity to join our dynamic team and contribute to our mission of delivering exceptional packaging solutions to our customers.
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