Manager AP

• Location: West LA, California
• $130000 - $140000 base salary
• Type: Direct Hire
• Job #951
• Salary: $130,000.00

We are seeking a highly skilled and detail-oriented Manager of Accounts Payable to join our finance team. As a leading organization in imaging diagnostic services, we value individuals who possess strong expertise in managing high transaction volumes and offshore processing. The ideal candidate will have experience with Basware, a comprehensive understanding of AP systems, and a strong aptitude for computer processing. Join our team and contribute to streamlining our accounts payable processes and maintaining accurate financial records.

Responsibilities:

• Oversee the end-to-end accounts payable process, including invoice processing, payment approvals, vendor management, and reconciliation.
• Manage a high volume of approximately 100,000 transactions per month, ensuring accuracy, timeliness, and adherence to company policies and procedures.
• Work closely with the India team for offshore processing, ensuring effective communication, collaboration, and coordination.
• Utilize Basware or similar AP systems to streamline invoice processing, automate workflows, and enhance efficiency.
• Develop and maintain strong vendor relationships, resolving any payment or billing inquiries in a timely and professional manner.
• Monitor and enforce compliance with company policies, internal controls, and regulatory requirements related to accounts payable processes.
• Analyze AP metrics and KPIs to identify areas for improvement, implement best practices, and optimize AP operations.
• Lead and manage a team of AP professionals, providing guidance, training, and performance feedback.
• Collaborate with cross-functional teams, including Finance, Procurement, and IT, to drive process improvements, system enhancements, and automation initiatives.
• Stay up-to-date with industry trends, best practices, and technological advancements related to accounts payable and financial systems.
• Ensure accurate and timely month-end and year-end AP closing activities, including accruals and reconciliation.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field. Relevant certifications are a plus.
• Proven experience in managing a high volume of accounts payable transactions.
• Strong understanding of offshore processing, preferably with experience working with an India team.
• Proficiency in Basware or similar AP systems is highly desirable.
• Excellent technical skills, with a strong aptitude for computer processing and financial systems.
• Knowledge of accounts payable best practices, internal controls, and regulatory compliance.
• Strong analytical and problem-solving abilities, with attention to detail.
• Effective communication and interpersonal skills, with the ability to collaborate cross-functionally and manage vendor relationships.
• Experience leading and managing a team, providing guidance and performance feedback.
• Ability to prioritize tasks, meet deadlines, and adapt to changing priorities in a fast-paced environment.