What are the responsibilities and job description for the AP Manager position at Financial Additions?
Financial Additions has partnered with a manufacturing company in search of an AP Manager. This role is a hybrid requiring staff to be in office at least 2 days a week.
Responsibilities:
- Improving AP transaction accuracy, enhancing processes, and fostering partnerships with key internal stakeholders.
- Lead and direct a 15-member AP team, servicing two U.S. platforms across 10 business units and utilizing 14 ERP systems.
- Lead the AP team to deliver corporate AP services, including invoice processing, wires, ACH, and checks.
- Ensure compliance with AP policies, documentation standards, and regulatory reporting requirements.
- Evaluate and implement new technologies, products, and services to streamline AP processes and enhance operational efficiency.
- Follow vendor management standards and enforce fraud prevention procedures.
- Collaborate with internal and external audit teams on vendor-related inquiries.
- Oversee all aspects of the employment lifecycle for team members, including hiring, performance management, and termination.
- Participate in ERP implementation projects to ensure AP integration and effectiveness.
- Resolve vendor issues and coordinate with Purchasing and Global Sourcing teams.
Qualifications:
- Bachelor's degree in Finance or Accounting required.
- 10 years of experience in AP or related finance roles.
- 5 years managing teams.
- Proficient in MS Office, with advanced Excel skills.
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