Job Description

Responsible for the day-to-day direction of the offshore Accounts Payable (AP) team, and coordinates with on-site resources to ensure timely processing of all invoices and other AP-related functions. Assures the efficient operation of the AP team by establishing priorities and acting as an authoritative source of information regarding policies pertaining to the invoice, data entry, travel and entertainment (T&E), and expense areas.

Specific Responsibilities include:

• Provide daily guidance for offshore teams including, but not limited to setting goals, priorities and key performance indicators, measuring daily/weekly/monthly performance and ensuring they reach established performance targets.
• Maintain responsibility for accuracy of published daily/weekly/monthly AP key performance indicators.
• Assist in weekly payment cycle and cash flow management and partnership with the treasury team.
• Monitor on a weekly basis AP aging and the exception reports such as invoices on hold, invoices pending approval and pending G/L coding, helping AP staff resolve issues and minimize past due invoices.
• Timely handling of vendor complaints regarding invoice payments and determine acceptable solution.
• Establish and enforce policies and procedures for the AP functions.
• Oversee maintenance of Vendor Master files.
• Review accounts payable invoices for accuracy of G/L codes and proper authorization.
• Ensure timely processing of wires transfers, ACHs and issue checks and reconcile related accounts.
• Maintain a detailed understanding of the AP Sub-Ledger and the General Ledger.
• Assess and improve the processes in AP team to enhance internal controls and increase efficiencies, develop and document necessary processes and procedures and collaborate with IT department to further automate key activities.
• Deliver or participate in the training of the AP staff.
• Enforce T&E policy by way of expense submission, review, and reimbursement.
• Track T&E policy changes and the impact on overspend.
• Review and reconcile travel charges on credits cards and purchasing cards.
• Resolve escalated traveler issues in a timely fashion.
• Perform all other duties as assigned or required.

Education, Skills and Experience Requirements:

• Bachelors degree in Accounting or equivalent experience is required.
• 5+ years of experience in Accounts Payable and T&E positions.
• Effective verbal, written communications, and analytical skills.
• Attention to detail and high level of accuracy.
• Excellent skills in supervising offshore and onshore teams.
• Knowledgeable and experience in Expense tool (Workday) is a plus.
• Experience with Oracle ERP system.

Location:

Range for this position:

$80,000 - $100,000

Factors such as geographic location, academic credentials, relevant experience, and specific knowledge, skills and abilities will influence the actual salary offered. In addition to a competitive market-based salary, compensation also includes a performance-based bonus, and in addition to a full range of medical, financial, and/or other benefits.

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