Reporting to the Sr Director of Source to Pay, the Senior Manager, Accounts Payable (AP) will be a key leadership position with the Source to Pay (STP) Magenta Services Center (MSC). This role will be part of a Shared Services Organization supporting the enterprise leading best in class processes and supporting enterprise goals.

This position will manage and may be responsible for:

• Management of the accounts payable function, including but not limited to supplier onboarding and ongoing record maintenance, invoice processing, disbursements, supplier and internal business partner inquiries, and 1099 and tax related matters.
• Optimizing the accounts payable processes, activities, and performance.
• Developing, implementing and maintaining procedures and policies, ensuring adherence to company guidelines, harmonization of processes, and maximized efficiencies, and ensuring all policies, processes and controls are compliant with the Sarbanes Oxley Act (SOX).
• Developing and maintaining relationships with internal and external partners to facilitate open communication and performance.
• Complete oversight of offshore staff ensuring compliance to all policies and adherence to SOX controls, business controls, financial regulations, and data security.
• Directly managing and oversight of a team of employees, providing coaching and overall development.
• Annual department budget and ensuring the department provides accurate forecasts and meets budget goals.
• Vendor selection, contracts, and relationships related to AP.
• Partners with FP&A, Treasury, and Procurement to manage and improve key metrics such as Operating Free Cash Flow (OFCF)

• Department Strategy & Guidance on Execution – Operational Excellence & Customer Service.
• Coordinate and partner with leaders of AP support function such as reporting & analytics, system support team, risk & compliance, and development.
• Drive results and manages day-to-day operations (including onshore and offshore staff).
• Continuous operational improvements for Procure-to-Pay cycle partnering with Supply Chain Operations, Direct Procurement, and EIT/Engineering Procurement.
• Supports escalations – ensuring closure of issue, root cause analysis is performed, and gaps closed.
• Lead Operating Free Cash Flow activities.
• Manage relationships with internal and external business partners.
• Interacts with Procurement and location personnel at all levels to troubleshoot root cause issues in the Requisition to Payment cycle.
• Act as Liaison and provide leadership for team and area of responsibility.
• Participate as stakeholder in enterprise projects.
• Participate in and lead Finance and MSC led initiatives.
• Provide leadership, direction and coaching on specific tasks as well as individual professional development.
• Ability to see, account for, and mentor others in the “big picture” as well as the details and to be able to tie initiatives to Company Goals
• Also responsible for other Duties/Projects as assigned by business management as needed .

Education

• Bachelor’s Degree Business or Finance (Required)

Work Experience

• 7+ years Experience managing corporate AP with at least $12B annual disbursement.
• 7+ Previous Accounts Payable/Procure-to-Pay business experience in SAP and/or Oracle.
• 4+ years Experience managing Offshore Staff (OSP).

Knowledge, Skills and Abilities

• Accounts Payable (Required)
• Leadership (Required)
• Organization (Required)
• Communication (Required)
• SAP or Oracle (Required)
• Analytics (Required)
• Change Management (Required)
• Accounting (Preferred)
• Project Management (Preferred)
• ERP Replacement Experience (Preferred)
• Travel Required: Yes