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Senior Manager, AP Retail
2 years ago
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The purpose of the Senior Manager, Accounts Payable Retail is to manage daily functions of Accounts Payable along with account reconciliations, reporting, and financial analysis.
- Oversees all aspects of invoice processing using Basware and SAP
- Initiates and oversees pay cycles and payment generation
- Manages daily departmental responsibilities and ensure that teams follow all company and departmental policies and procedures
- Ensures all Department KPI’s are met, and daily tasks are performed
- Regularly engages and manages relationships with key stakeholders and process owners to identify and implement process improvements
- Ensures that all request for support from both internal and external partners are fulfilled in a timely and accurate manner
- Ensures documentation of processes are complete and up to date, for both internal and governance documentation
- Leads team through all change associated with new software and responsibilities
- Provides monthly performance metrics to demonstrate operational effectiveness
- Represents Accounts Payable Support functions in all major companywide initiatives
- Monitor AP related cash clearing account entries to ensure payments (i.e. outstanding checks, rejected/returned ACHs and direct debits) are resolved timely
Education and Experience: The combination of education and professional experience must exceed 6 years:
- In a leadership role: Requires 2 years of experience supervising a team of professionals engaged in executing Accounts Payable
- In a technical role: Requires 6-8 years of experience engaged in developing and delivering Accounts Payable programs.
- A bachelor’s degree in a program related to the functional area can count for 3 of the 6-year requirement
- An MBA or a master’s level degree in a program related to the functional area can count for an additional 2 years of 6-year requirement
- In the industry: 3-5 years of Hospitality, F&B and/or Retail experience
Specialized Training:
- Training that leads to expertise in financial ERP systems
- Knowledge of relevant state and federal regulations and statutes
Specialized Skillset/Competencies/Traits
- Business acumen and also has the mindset required to understand the long-term implications of financial planning and to advance the organizations goals
- Demonstrated history of understanding the needs of the business, stakeholders, the employee population, and individual circumstances
- Demonstrated history of creating and maintaining positive work environments through coaching, developing, and leading teams to achieve common goals