About the position
The Accounts Payable Manager at Rello Search Partners is a pivotal role designed for an experienced and detail-oriented professional who will lead the accounts payable (AP) team. This position requires a proven track record in managing a high-volume accounts payable department, with a focus on improving processes and ensuring timely payments. The successful candidate will oversee the full-cycle accounts payable process, which includes invoice processing, payment disbursement, and vendor management. The role demands a strong leader who can mentor and develop the AP team, ensuring that team goals align with the broader objectives of the company. In this role, the Accounts Payable Manager will be responsible for reviewing and approving invoices for accuracy and compliance with company policies and contracts. Monitoring the timely and accurate processing of all invoices, expenses, and payments is crucial. The manager will also maintain and reconcile the accounts payable sub-ledger to the general ledger, ensuring that all financial records are accurate and up-to-date. Additionally, the manager will develop and implement AP processes, procedures, and policies aimed at increasing efficiency and effectiveness within the department. Compliance is a key aspect of this position, as the Accounts Payable Manager will ensure adherence to internal controls, policies, and applicable accounting regulations. Building and managing relationships with vendors is essential, as the manager will be responsible for responding to vendor inquiries in a timely manner. The role also involves overseeing month-end close activities, including accruals and reconciliations, and collaborating with other departments such as finance and procurement to ensure a smooth and efficient accounts payable process. Finally, the manager will prepare reports and analyses for management regarding AP metrics, aging reports, and cash flow, providing valuable insights to support decision-making.
Responsibilities
- Manage the full-cycle accounts payable process, including invoice processing, payment disbursement, and vendor management.
- Lead, mentor, and develop the accounts payable team, ensuring team goals align with company objectives.
- Review and approve invoices for accuracy and compliance with company policies and contracts.
- Monitor the timely and accurate processing of all invoices, expenses, and payments.
- Maintain and reconcile accounts payable sub-ledger to the general ledger.
- Develop and implement AP processes, procedures, and policies to increase efficiency and effectiveness.
- Ensure compliance with internal controls, policies, and applicable accounting regulations.
- Manage relationships with vendors and respond to vendor inquiries in a timely manner.
- Oversee month-end close activities, including accruals and reconciliations.
- Collaborate with other departments, including finance and procurement, to ensure a smooth and efficient accounts payable process.
- Prepare reports and analysis for management regarding AP metrics, aging reports, and cash flow.
Requirements
- Bachelor's degree in Accounting, Finance, or related field preferred.
- 5+ years of experience in accounts payable, with at least 2 years in a leadership role.
- Strong understanding of accounting principles and accounts payable processes.
- Excellent communication and interpersonal skills.
- Strong attention to detail, organizational skills, and ability to multitask in a fast-paced environment.
- Experience with process improvement and automation is a plus.
- Ability to work under tight deadlines and manage competing priorities.
Nice-to-haves
- Experience with process improvement and automation is a plus.
