A large company based in Monterey is seeking an Accounts Payable Manager on a contract basis to lead their accounts payable team/ This role will manage a team of five staff members in a high-volume invoice processing environment. The ideal candidate will have a strong background in accounts payable processes, team leadership, and the ability to work in a fast-paced, deadline-driven environment.
Responsibilities:
- Lead, manage, and mentor a team of five accounts payable staff to ensure accurate and efficient invoice processing.
- Oversee the end-to-end accounts payable process, including invoice receipt, coding, approval, payment processing, and reconciliation.
- Ensure invoices are processed and paid within company timelines and according to company policies.
- Supervise and review the preparation and processing of vendor payments, including checks, ACH transfers, and wire transfers.
- Monitor and report on key performance indicators (KPIs) related to accounts payable performance and staff efficiency.
- Assist in the development and implementation of accounts payable procedures to improve efficiency and accuracy.
- Collaborate with internal teams (e.g., procurement, finance, and operations) to resolve any issues related to invoice discrepancies or payment delays.
- Ensure compliance with corporate policies, tax regulations, and accounting standards.
- Provide training and ongoing support to accounts payable staff to maintain high levels of performance and accuracy.
- Assist in month-end and year-end closing activities, including the reconciliation of accounts payable and related reports.
- Support audits by preparing necessary documentation and responding to auditor inquiries.
Qualifications:
- Bachelor’s degree is preferred but not required.
- Minimum of 5 years of experience in accounts payable, with at least one year in a lead, supervisory, managerial role.
- Proven experience in managing a team in a high-volume invoice processing environment.
- Strong knowledge of accounts payable processes and best practices.
- Experience with ERP systems (e.g., SAP, Oracle, Microsoft Dynamics) and Excel proficiency.
- Excellent organizational and time management skills, with the ability to prioritize and meet deadlines.
- Strong attention to detail and problem-solving skills.
- Ability to communicate effectively with vendors, staff, and internal teams.
- Experience with process improvements and system implementations is a plus.