Accounts Payable Manager
The Experts in Owner Empowerment:
At Empower Brands, we’re focused on the success of our owners. With a platform of industry-leading brands and support teams to match we are committed to providing franchisees with a clear path to achieve their personal, professional, and financial goals.
Empower Brands is an award-winning company with a 30-year track record of successfully growing commercial and residential service industry franchise brands. Motivated and experienced individuals seeking an opportunity to contribute along with career growth and development in an entrepreneurial team environment will find Empower Brands as the perfect career choice.
OBJECTIVE:
The Accounts Payable Manager is responsible for the daily operations of the Empower Accounts Payable function. Responsibilities include the accurate and timely completion of vendor payments, expense reimbursement, and disbursement processing while adhering to company policy. The manager will be the leader in the implementation of processes related to accounts payable and disbursements. Supervision of the account’s payment staff including selection, training, and performance evaluation. Manage the company’s Vendor database and communications with vendors regarding unpaid invoices. Analyze and draft amendments to accounts payable procedures to comply with Empower policies and regulatory requirements. Other duties as assigned.
ESSENTIAL DUTIES & RESPONSIBILITIES:
- Lead Accounts Payable and Employee Expense processing team and function to ensure all transactions are recorded timely and accurately.
- Responsible for ensuring all electronic and check disbursements, independent contractors and tax payments are processed on a timely basis.
- Develop, implement, enhance, and optimize the Company’s AP systems, functions, procedures and policies, to ensure adherence to Company guidelines and "best practices" for AP Team
- Provide outstanding customer service assistance to all managers, staff, and talent; respond to AP and expense report questions/concerns to meet business needs in a professional and timely manner.
- Act as a liaison between the Company’s AP Team and external parties, including lenders, suppliers, outside accountants, and governmental agencies and external accountants in order to meet AP related information requests and to ensure that proper AP information is maintained for historical purposes in accordance with Company guidelines.
- Identify, recommend, and implement process improvements to increase the overall efficiency of the team.
- Train and evaluate AP employees to enhance their performance, development, and work product.
- Address any performance issues timely and professionally and make recommendations for any Staff actions.
- Motivate and reward AP Team members including the recommendation of salary increases, bonuses and promotions within allocated budgets and Company guidelines.
- In accordance with the month-end closing schedule, carries out and oversees month-end processes, including reconciliation of the Accounts Payable accounts, journal entries for reclassifying expense coding errors, accruals, and analytical research for cost of sales and expense variations.
- Problem solves Accounts Payable issues that have been escalated to the Supervisor of Accounts Payable.
- Drive data integrity and collection of information related to critical supplier information needed for successful processing.
- Collaborate with other team members to assist in areas impacted directly by this function (i.e. Accounting, Finance, Treasury, etc…)
SUPPLEMENTAL RESPONSIBILITIES:
- Ability to multi-task, prioritize, work under pressure: a commitment to achieving customer satisfaction is the key to success in this position.
- Ability to work in a fast-paced, deadline - oriented environment.
- Proactive, organized, and process driven with strong planning, interpersonal, communication and analytical skills.
- Ability to assess risk and escalate issues appropriately.
- Strong ability to analyze, document and troubleshoot cross-functional processes.
- Ability to build and foster strong working relationships across departments.
- Experience in dealing with employee relations such as mentoring, coaching and accountability.
- Proficient with Microsoft Office (Excel, Word, Outlook).
- Skilled with the analysis of reports, validation of information and interpretation of data.
- Ability to forecast issues and identify trends early, evaluate alternatives and implement comprehensive and innovative solutions.
KNOWLEDGE & SKILLS:
- A professional history of progressing Accounts Payable responsibilities in a large multinational company.
- Experience working with generally accepted accounting principles and accounting software.
- Must have large ERP Accounts Payable system experience as well as 1099 filing experience.
- Strong interpersonal skills for interacting with vendors, staff, and senior management.
- Strong analytical and problem-solving skills.
- Good presentation skills for educating internal clients on accounts payable and expense report principles and guidelines.
- Strong leader and role model capable of initiating and implementing changes and best practices in the organization with a strong commitment to ethical behavior.
MINIMUM QUALIFICATIONS:
- Bachelor’s Degree in accounting or business administration
- 5-7 years of progressive accounts payable experience
- Ability to deliver results through leading others on a team
- Strong communication and interpersonal skills
- Attention to detail and emphasis on accuracy
- Time management skills along with ability to meet deadlines
- Microsoft Office Suite (Excel, Outlook, PowerPoint, Word)
- NetSuite, SAP Concur or similar software experience
There are minimal travel requirements for this job responsibility.
This job description in no way states or implies that these are the only activities to be performed by the individual occupying this position. While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add or remove duties and assign other duties as necessary.