What are the responsibilities and job description for the Accounts Payable Leadership Role position at BMD?
Job Description:
The Accounts Payable Manager will oversee the accounts payable function, ensuring timely and accurate processing of invoices and payments. This role requires leadership skills, technical knowledge of accounts payable processes, and collaboration across departments to drive improvements.
Main Responsibilities:
- Lead and manage the accounts payable team, including training, performance management, and staff development.
- Oversight of the end-to-end accounts payable process, including invoice processing, payment runs, vendor management, and reconciliations.
- Accurate and timely processing of vendor invoices, ensuring compliance with company policies and procedures.
- Preparation of monthly, quarterly, and annual financial reports related to accounts payable.
- Collaboration with internal teams such as procurement and accounting to resolve issues, ensure data accuracy, and improve processes.
- Assistance to internal, external, and regulatory auditors in their examination of accounting records related to accounts payable.
- Strategies for process improvement, automation, and cost control in the accounts payable function.
- Vendor inquiries and dispute resolution in a professional and timely manner.
- Cash flow and payment schedules monitoring to ensure liquidity and avoid late payment penalties.
- Support with month-end and year-end closing activities.
- Maintenance of vendor files, including W-9's and 1099's preparation.
