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 Accounts Payable Manager
Job Posting Category: Experienced Professionals (1+ years)
Career Level: Manager
Industry: Packaged Goods
Job Category: Financial ,Accounting
Years Experience: 6-8 Years
Job Type: Full-time
Posting Date: October 04, 2018
Job Location:
Niagara, ON
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Job Description

Position Summary

Reporting to the Senior Manager - Finance Operations and responsible for the development and maturation of the Accounts Payable Team within the Finance organization. Direct oversight of all day-to-day accounting systems and records maintenance involved in the accounts payable function (i.e. invoice entry, purchase order matching, payment approval review and audit, payment processing, and tax processing, etc.) for all Canadian operating companies as well as our 2 foreign subsidiaries. This role will provide leadership, direct supervision and oversee the development of approximately 7 clerical and/or professional staff.

Responsibilities

  • Develop and implement recommendations, to improve the efficiency and effectiveness of A/P processes which also maintain or improve the quality and accuracy of team work.
  • Manage the process of developing and maintaining standard operating procedures (SOPs) for the A/P function in line with our documentation and quality standards
  • Oversee invoice processing and validation processes
  • Ensure invoices are processed according to policy, monitoring status and following up. Ensure proper payments for all payment types (i.e. check processing, EFTs, wire transfers, foreign exchange and auxiliary payments) to vendors in compliance with corporate policy and practice, resolving issues as required
  • Monitor payment terms to achieve optimal cash flow
  • Manage and support expense reimbursement process
  • Review and approve tax processing requirements including excise tax and sales tax
  • Oversee A/P activities related to supplier master maintenance, providing approvals as required
  • Ensure daily and monthly balancing and reconciliation of A/P ledger accounts including maintaining integrity of sub ledgers
  • Lead process and system improvement projects and implementation
  • Responsible to ensure maintenance of controls over accounting systems and records maintenance involved in the accounts payable function to ensure compliance with internal control policies
  • Serve as key liaison to the business for all questions, issues and relationship management
  • Responsible to ensure department achievement of defined performance metrics, resolving issues as needed
  • Support the documentation, reporting and achievement of monthly A/P metrics as defined by the finance shared services dashboard
  • Responsible for development and achievement of individual and team objectives and continuous improvement of the A/P Team

Period End Support

  • Coordinate all A/P responsibilities required for period close
  • Manage and review A/P reconciliations and determine accrual adjustments as required
  • Prepare A/P reporting, investigation and resolution as required

Reporting and Analysis

  • Review and approval of period end analysis as required
  • Monitor, report, and resolve non-compliance issues related to POs and invoice routing
  • Manage and review daily cash forecasting

Qualifications

  • Bachelor’s degree in Accounting, Finance, Business Administration or equivalent required
  • 7+ years of experience in relevant industry experience with progressive management experience
  • Prior staff management experience required
  • Proficiency with Microsoft Office, Excel, Word, Outlook, PowerPoint; experience with JD Edwards, EDI and EFT preferred
  • Excellent communication skills required (both verbal and written)
  • Experience leading change is an asset
  • Relationship building skills with the ability to influence and collaborate
  • Ability to analyze results and problem solve

We are committed to establishing a qualified workforce that reflects the diverse population it serves and we encourage applications from all qualified individuals. We are also committed to preventing and removing barriers to employment for people with disabilities, and we invite you to inform us should you have any accessibility or accommodation needs.

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