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This role primarily involves overseeing the full cycle of accounts payable, including invoice processing and check printing, and leading the day-to-day operations of the accounts payable department.
Job Responsibility:
Oversee the complete accounts payable cycle that includes two-way and three-way matching of invoices
Manage the day-to-day operations of the Accounts Payable Department, ensuring accurate and timely completion of tasks
Allocate tasks to the Accounts Payable Team and ensure their accurate and timely completion
Manage vendor assignments and team member workloads
Conduct audits on vendor information, including statements, payment terms, tax information, and other data
Prepare weekly cash requirements reports
Collaborate with internal team members to resolve billing errors
Ensure timely processing of discounts, sales and use taxes, and freight charges
Post accounts payable journals and reconcile accounts payable aging to the general ledger
Oversee period-end accruals and audit entries to ensure all invoices are accounted for and expenses are recorded promptly
Foster a culture of continuous improvement by identifying and implementing process enhancements
Review and approve team timecards, schedules, and time off requests
Prepare and submit detailed explanations for all accounts payable audit materials
Perform other duties as assigned
Requirements:
Minimum of 5 years of experience in a similar role within the manufacturing industry
Proficiency in account coding and accrual accounting
Experience with accounting software systems
Knowledge and understanding of data processing
Proven track record in managing and overseeing accounting functions
Prior experience in handling accounts payable (AP)
Familiarity with auditing procedures
Experience with Automated Clearing House (ACH) transactions
Proficiency in Microsoft Excel
Strong leadership skills to supervise a team of accounts payable staff
Excellent communication skills for effective team coordination
Ability to work under pressure and meet deadlines without compromising on work quality
Strong analytical skills to identify errors and discrepancies in financial data
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