Accounts Payable Manager
Nesco Resource, a leading national staffing firm, has partnered with a global manufacturing company to assist in their search for an experienced Accounts Payable (AP) Manager.
Position Overview:
The AP Manager will report directly to the Global Controller and will oversee the Purchase-to-Pay process. This role is critical in managing a high-volume AP portfolio with an open balance of approximately $45 million, supporting 2,500 suppliers and processing 6,000 invoices per month across ten legal entities. The AP Manager will lead a team of six, including three AP Analysts and three AP Specialists.
Key Responsibilities:
- Lead the AP department, ensuring timely and accurate processing of both PO-based and non-PO-based invoices.
- Oversee supplier onboarding, payment term application, and vendor management, ensuring service excellence to internal and external stakeholders.
- Collaborate with Logistics and China Sourcing Offices to maintain strong vendor relationships and efficient payment processes.
- Monitor daily cash flow, ensure alignment with treasury cash pooling needs, and manage payment schedules to optimize liquidity.
- Direct the month-end AP close process, including reconciliations, accruals, and financial coding in the Trial Balance.
- Set performance goals for the team, focusing on efficiency and effectiveness metrics, such as invoice processing speed and payment timeliness.
- Drive process improvements, such as payment optimization, automation of Concur reporting, and system upgrades.
- Manage query responses via FreshService, ensuring adherence to Service Level Agreements.
- Ensure timely employee reimbursement through Concur.
- Support internal and external audits and participate in cross-functional projects.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field (advanced degrees are a plus).
- 10 years of accounting experience with progressive responsibility.
- 4 years in a leadership role within AP.
- Strong communication skills, both written and verbal.
- Proven ability to manage multiple tasks and deadlines in a fast-paced environment.
- ERP experience required; Oracle experience preferred.
$150-170k 10-15% Bonus
This is a fantastic opportunity to lead a dynamic AP team and drive operational excellence in a global organization. Apply now to join a company that values innovation and efficiency!
Nesco Resource offers a comprehensive benefits package for our associates, which includes a MEC (Minimum Essential Coverage) plan that encompasses Medical, Vision, Dental, 401K, and EAP (Employee Assistance Program) services.
Nesco Resource provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.