Supervisor Accounts Payable

Summary:

This role is responsible for overseeing the Accounts Payable (AP) department, ensuring accurate and timely processing of invoices, payments, and expense reports. This role involves managing day-to-day AP operations, implementing process improvements, and collaborating with cross-functional teams to maintain financial integrity and compliance. In addition to AP responsibilities, the supervisor will continue to support the Credit and Collections team as needed, promoting alignment and efficiency across financial operations.

Essential Functions:

• Lead and mentor the AP team, providing guidance, training, and performance evaluations.
• Oversee the processing of invoices, ensuring accuracy and compliance with company policies.
• Manage vendor relationships, addressing inquiries and resolving discrepancies promptly.
• Ensure timely and accurate payment disbursements to maintain positive vendor relations.
• Implement and maintain standard operating procedures for AP processes.
• Ensure compliance with internal controls, accounting standards, and regulatory requirements.
• Prepare and review AP reports, including aging reports.
• Assist in month-end and year-end closing activities, ensuring accurate financial reporting.
• Provide insights and recommendations to management based on AP data analysis.
• Participate in system upgrades and implementations, providing input on AP requirements and best practices.
• Maintain organized records of AP transactions for audit and compliance purposes.
• Collaborate with the Credit and Collections team to ensure alignment on customer account issues, payment application and month end tasks.
• Other duties as assigned.

Qualifications:

• Bachelor’s Degree. May consider equivalent work experience in lieu of degree.
• 5+ years of experience in accounts payable.
• Proficiency in accounting software (e.g., SAP, Oracle).
• Strong understanding of AP processes, accounting principles, and regulatory requirements.