Senior Manager of Accounts Payable Operations

7 days ago


Jersey City, New Jersey, United States QAD, Inc. Full time
Job Description

QAD, Inc. is seeking a highly skilled and experienced Global Accounts Payable Manager to join our team. As a key member of our finance department, you will be responsible for providing strategic leadership and comprehensive oversight for the Global Accounts Payable function.

Key Responsibilities:
  • Purchase to Pay Management:
    • Oversee the end-to-end accounts payable process, ensuring timely and accurate processing of purchase orders, vendor setup, invoices, and payments.
    • Manage the global accounts payable team, providing leadership, guidance, and support to ensure high performance and adherence to company policies.
    • Develop, implement, and maintain accounts payable policies and procedures to ensure compliance with internal controls and global regulatory requirements.
    • Ensure all accounts payable transactions are properly documented and recorded in the financial systems.
    • Implement best practices to improve efficiency and accuracy in all accounts payable processes.
    • Train both the purchase requesters (global internal stakeholders) and the accounts payable team and maintain the training documentation up-to-date.
  • NetSuite System Management:
    • Administer and manage the company's NetSuite accounts payable system, including configuration, maintenance, and troubleshooting as it relates to expenses.
    • Ensure the NetSuite system is optimized for accounts payable processes, including automation of workflows and reporting capabilities.
    • Conduct regular reviews and updates of the NetSuite system to align with business needs and compliance requirements.
    • Remain current on new NetSuite functionality and implement what's applicable.
    • Lead the implementation of any new purchase to pay front-end systems.
  • Team Leadership and Development:
    • Lead, mentor, and develop the global accounts payable team, fostering a culture of continuous improvement and best-in-class performance.
    • Conduct performance reviews, set goals, and provide regular feedback to team members.
    • Identify training and development needs for the accounts payable team and provide appropriate resources and opportunities for growth.
    • Maintain and regularly monitor the Service Level Agreements for the global accounts payable team.
    • Serve as the point of contact for any change management required of the accounts payable team in order to strive for best-in-class outcomes.
  • Reporting and Analysis:
    • Prepare and present regular reports on accounts payable performance, including key metrics, trends, and insights.
    • Conduct variance analysis and provide recommendations for process improvements.
    • Maintain reference guides and conduct regular GL coding and accounts payable aging reviews to ensure accuracy.
    • Monitor and analyze accounts payable data to identify areas for cost savings and operational efficiencies.
  • Stakeholder Collaboration:
    • Collaborate with internal stakeholders, including finance, procurement, and IT, to ensure alignment of processes and effective communication.
    • Serve as the primary point of contact for accounts payable related inquiries and issue resolution that either cannot be answered by the global shared services accounts payable manager or isn't meeting SLA standards.
    • Collaborate with external auditors and regulatory bodies to ensure compliance with financial and regulatory requirements.


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