What are the responsibilities and job description for the Accounts Payable Supervisor position at BASIC FUN INC?
Job Details
Description
Basic Fun! is a dynamic global designer and marketer of classic, innovative children’s entertainment products and we strive to bring smiles to people of all ages. Our iconic brands and broad product portfolio are sold by leading retailers and distributors in over 60 countries around the world. Basic Fun! has an omni-channel go-to market strategy with a strong presence online, in store and in family entertainment venues. The Company is proud to have long-term, valued licensing partnerships with A-List Licensors, including Hasbro, Disney, Mattel, Nintendo, Pokémon Netflix, Coca Cola, Universal, Paramount, Warner Brothers, Cloudco Entertainment, NFL and NBA. Basic Fun! has a portfolio of powerhouse brands that include Care Bears™, Tonka®, Lite Brite®, K’nex®, Lincoln Logs®, Tinker Toys®, Playhut®, Uncle Milton®, Fisher Price Classics®, Mash’ems® and Littlest Pet Shop®, and many other trusted brands. All of us at Basic Fun! are dedicated to enriching lives and creating unforgettable moments through imaginative play.
Position Overview:
The Accounts Payable Supervisor is responsible for managing the accounts payable process from end-to-end, including staff, tasks, and procedures. The role will work from and with our U.S. based corporate headquarters and will also work directly with our Hong Kong and U.K. based operations on a regular basis. The Accounts Payable Supervisor will ensure that invoices received from 3rd parties are approved by the appropriate department prior to being entered in the general ledger (Basic Fun! uses SAP). The Accounts Payable Supervisor will also ensure each invoice, or in some cases each component of an invoice, is coded to the proper General Ledger account (i.e. ocean freight, warehousing, marketing, professional fees, capital expenditure, prepaid expense, etc.). Finally, the Accounts Payable Supervisor ensures invoices are paid on time and that the accounts payable process is compliant with regulations.
Responsibilities include but not limited to:
- Manage staff: Plan tasks, review work, and evaluate performance.
- Resolve issues: Troubleshoot problems that arise and resolve issues with vendors.
- Process payments: Prepare and process electronic payments and check runs.
- Review invoices: Verify invoices are reviewed/approved by the proper department.
- Prepare reports: Prepare weekly A/P Aging reports and other reports as needed.
- Train staff: Train new employees and provide guidance on procedures.
- Communicate: Respond to requests for information and assist other departments.
- Ensure compliance: Follow IRS rules and other regulations.
- Additional Responsibilities: Perform other duties and special projects as assigned.
Qualifications
Skills, knowledge, and abilities:
- Education: Bachelor's degree in accounting, finance, or related field preferred, or equivalent.
- Experience: Minimum of 3-5 years of experience in accounts payable with supervisory experience.
- Technical Skills:
- Knowledge of accounting principles and practices
- Experience with SAP Business One
- Soft Skills: Strong analytical, problem-solving, and communication skills. Ability to work cross-functionally and present data insights to non-technical stakeholders.
- Leadership: Proven ability to lead teams, manage projects, and influence decision-making at senior levels.
- Full-time on-site position located at our company’s headquarter offices in Boca Raton, Florida.
We believe strongly in the philosophy that we are Better Together and that the collaboration and teamwork of being with each other in the office supports our culture the best. For this reason, we work in the office Monday through Thursday. We have chosen Friday as our weekly remote workday as we believe it to be the day that is most beneficial and effective for Basic Fun! and our employees.
OUR CORE VALUES!
- We Love Delivering WOW!
- Act with Integrity and Do the Right Thing.
- Inspire Passion for Creativity and Innovation.
- Be Disciplined to Create Lasting Impact.
- Play, Have Fun and Laugh Together.
- Embrace Humility.
- Pursue Growth and Learning.
- Hustle and Act with a Sense of Urgency.
- Commit to Excellence.
- Gratitude Keeps Us Grounded.
Basic Fun! is an equal opportunity employer. We value diversity and do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We are committed to creating a diverse environment and are proud of our inclusive culture.