Summary
The Accounts Payable Manager will oversee all accounts payable operations, leading a team to ensure timely, accurate, and compliant invoice processing within a high-volume retail environment. The role requires deep SAP expertise, including Vendor Invoice Management (VIM), and a focus on process improvements and internal controls. This position supports month-end and year-end close activities and contributes financial reporting and analysis for AP.
Responsibilities
- Manage and develop the Accounts Payable team, including hiring, training, and performance management.
- Oversee end-to-end AP processes from invoice receipt to payment, ensuring accuracy and timeliness.
- Ensure compliance with company policies and regulatory requirements and maintain robust internal controls.
- Utilize and optimize SAP, with emphasis on the VIM module, to streamline invoice processing and approvals.
- Identify and implement process improvements and automation to increase efficiency and reduce manual work.
- Collaborate with internal departments to resolve invoice discrepancies and manage vendor relationships.
- Oversee month-end and year-end close activities related to accounts payable and prepare AP reports and analysis.
- Support internal and external audits by providing documentation and explanations.
Requirements
- Bachelor's degree in Accounting, Finance, Business Administration, or related field.
- Minimum 5 years of progressive accounts payable experience, including at least 2 years in a management or supervisory role.
- Mandatory proficiency with SAP; experience with SAP VIM and Purchase Module highly preferred.
- Experience in retail or high-volume transaction environments is a significant advantage.
- Strong understanding of accounting principles, AP best practices, and internal controls.
- Proficiency with Microsoft Office, particularly Excel, and strong communication and leadership skills.
- Detail-oriented with the ability to thrive in a fast-paced, dynamic environment and support audit activities.
