Supervisor, Accounts Payable

Job description

Job responsibilities

• Manage and Oversee AP Operations: Lead, mentor, and develop the Accounts Payable team, ensuring all departmental tasks are executed accurately and efficiently.
• Process Improvement and Optimization: Continuously evaluate and refine AP processes to enhance efficiency, reduce costs, and improve accuracy. Identify opportunities for automation and implement best practices.
• Technology Implementation and Utilization: Lead the implementation, optimization, and ongoing management of AP-related technologies, including Oracle Fusion (ERP) systems and automation tools (e.g. OCR and IDP).
• Vendor Management: Build and maintain strong relationships with vendors, ensuring timely resolution of inquiries and disputes. Negotiate favorable payment terms where appropriate.
• Invoice Processing and Reconciliation: Supervise the accurate and timely processing of all vendor invoices, ensuring proper coding, authorization, and compliance with company policies, including 1099 considerations and…
• Payment Processing: Ensure timely and accurate payment disbursements to vendors, adhering to payment schedules and internal controls.
• Internal Controls and Compliance: Develop, implement, and maintain robust internal controls for the AP function to safeguard company assets and ensure compliance with all applicable regulations and policies.
• Reporting and Analysis: Generate accurate and timely AP reports for management, providing insights into AP aging, vendor spend, and key performance indicators (KPIs).

Job requirements

• Education: Bachelor's degree in Accounting, Finance, Business Administration, or a related field. CPA or CMA certification is a plus.
• Experience: Minimum of 7+ years of progressive experience in Accounts Payable, with at least 3+ years in a supervisory or management role.
• Proven experience with Oracle Fusion (specifically the Accounts Payable module) is mandatory. This includes a deep understanding of its functionalities, configuration, and best practices for AP processing.
• Demonstrated experience with OCR (Optical Character Recognition) and IDP (Intelligent Document Processing) technologies within an AP environment is mandatory.
• Skills: Strong understanding of accounting principles and accounts payable best practices.
• Excellent leadership, team management, and interpersonal skills.
• Proficiency in data analysis, reporting, and problem-solving.
• Exceptional organizational and time management skills with the ability to prioritize and manage multiple tasks.