Key Responsibilities
- Lead development of new accounts payable practices and procedures, focusing on streamlining processes and implementing system/technology upgrades (including data validation/testing/implementation).
- Manage and lead a team of four Accounts Payable Clerks through training, feedback, and management of day-to-day AP activities, promoting a cooperative working environment.
- Provide accurate and timely accounts payable information to support decision-making on the profitable growth of the business.
- Ensure accurate vendor setup and payments, proper coding, and compliance with company policies and procedures.
- Manage monthly close of accounts payable and ensure outstanding invoices and expenses are properly accounted for.
- Collaborate and communicate with other departments to ensure completeness and accuracy of payables.
- Oversee and manage the weekly cheque, electronic payment, and wire process for multiple currencies across multiple companies.
- Maintain thorough and accurate documentation and files in accordance with company policy and accepted accounting practices.
- Assist in month-end closing by entering period-end accruals, intercompany invoice clearance, and other adjustments as necessary.
- Provide training across the organization for payable and expenditure-related topics.
- Oversee and manage the corporate credit card and expense reimbursement program.
- Ensure corporate spend aligns with travel and expenditure policies while identifying areas for improvement or cost reduction opportunities.
- This will be a hands-on role with the opportunity to ask what a world class AP department should look like, and implement those ideas, efficiencies, and improvements
- The system we use is IFS, previous experience preferred but not mandatory
Required:
- Knowledge of the accounting cycle with a proven ability to improve processes, identify and implement new technology, and stay up to date on recent industry trends.
- Process-oriented; ability to think things through from a system perspective.
- Senior to advanced skill level with Microsoft Excel, and demonstrated ability to work with other Microsoft Office products (PowerPoint, Outlook, Word).
- Basic accounting principles knowledge, documentation skills, research, and resolution skills.
- Ability to communicate effectively in a professional, open, direct manner; convey information clearly and concisely with strong written and verbal communication skills.
- Experience leading a team, providing feedback, and guidance to junior team members.
Preferred:
- Professional certification (e.g. APM, PMP, Lean Six Sigma)
- Minimum 5 years of experience in the Accounts Payable function with at least 2 years in an AP Manager role with full cycle of accounts payable processes, financial chart of accounts, corporate procedures, intercompany transactions, and experience in an ERP environment.
- Experience implementing and working with technology such as automation, new modules, or other process improvements and projects.
This role is a hybrid opportunity (3 days a week in office) out of our Richmond HQ, and pays between $90,000 - $105,000 with a 10% bonus.