Accounts Payable Manager
Job
Robert Half
Richmond, VA (In Person)
Full-Time
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Job Description
Description Job Summary:
The Accounts Payable Manager is responsible for ensuring accurate and timely processing of vendor invoices and payments. This role leads and develops the AP team, strengthens internal controls, supports the financial close process, and partners cross-functionally with Operations and Accounting. In addition, this role will drive operational efficiency and serve as a key point of contact for audits and vendor relationships. This role has three direct reports and will report directly to the Corporate Controller.Key Duties and Responsibilities:
- Timely processing of invoices for multiple manufacturing plants, in accordance with vendor payment terms
- Maintenance of vendor database
- Oversight of the AP automation system, including troubleshooting and enhancement of the system
- Reconciliation of vendor statements
- Processing of annual 1099s
- Address vendor questions via email or phone call
- Development of AP KPIs
- Monthly analysis of AP fluctuations and DPO changes
- Development and implementation of strong internal controls around the procure to pay process Performance Standards (the criteria that will be used to evaluate performance):
- Length of time to process invoices from received date and integrated date from AP Automation to Financial System
- Accuracy of the invoices processed for amounts, supplier, and payment terms
- Processing time of inventory invoices with PO/Receiving matches within 15 days of receipt
- Personal effectiveness-meeting timelines and productivity requirements (quantity and quality of work)
- Personal interaction, communication and teamwork with internal and external parties
- Continuous improvement and efficiency achievements through utilization of AI and other relevant technologies
Requirements What We Are Looking For:
- Personal Characteristics o Professional Demeanor o Entrepreneurial drive and the desire to "build a business".
- Performance History o Documented history of making improvements in assigned work area/responsibilities o Stellar references based on contributions and performance
- Demonstrated Proficiencies o Tech savvy o Strong mathematical and analytical skills o Proficient in Outlook, Word, and Excel.
- Education & Experience o High School Diploma or GED equivalent required, college level accounting classes or Accounting Degree preferred.
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