What are the responsibilities and job description for the Accounts Payable Manager position at Michael Foods and Careers?
POSITION SUMMARY:
The Accounts Payable Manager position is located at our corporate office in Hopkins, MN and is a key member of the Corporate Accounting team. The AP Manager is responsible for the leadership and oversight of the day-to-day activities for Corporate Accounts Payable. The AP Manager is looked to build and maintain relationships with location controllers to drive efficiency and consistency to the AP process.
The Corporate AP team handles all payment processing, travel and entertainment compliance & reporting, corporate credit card programs, vendor master maintenance, and month end reporting and accounting responsibilities and is the business owner of the Vendor Invoice Management OCR technology.
DUTIES AND RESPONSIBILITIES:
- Provide direct supervision of Corporate Accounts Payable team (3 FTEs).
- Provide leadership in the development and functionality improvement of the Vendor Invoice Management automation/OCR software to enhance standardization and touchless invoice processing rates.
- Develop and maintain key relationships with location controllers and cross-functionally companywide to help drive consistency and efficiency in AP processes.
- Provide support to the team in all regards for complex issues.
- Maintain (and as needed create) department standard operating procedures and training guides.
- Manage Travel/Expense, Payables and Purchase card programs and T&E expense processing and reporting.
- Manage vendor master files and ensure integrity and consistency in the data.
- Manage sales tax reporting and data used in return preparation.
- Ensure timely and accurate 1099 filings.
- Maintain (and as needed develop) AP policies and procedures to ensure compliance with financial regulations and company standards.
- Develop a culture of recognition through coaching and mentoring for talent development and maintain a high-performance team through understanding team competencies, effective recruitment, performance management and efficient communication that drives positive employee engagement.
- Provide support for internal and external audits and maintain SOX documentation and compliance.
- Prepare and/or direct team on ad hoc data/reporting requests and project work.
- Prepare and/or oversee recurring month-end reporting and accruals.
- Develop and evaluate KPI’s for the Accounts Payable process.
- Partner with Procurement and Finance leaders on strategic initiatives within the Procure-to-Pay cycle to drive efficiencies in overall process and superior support to our suppliers.
- Other duties as assigned.
EDUCATION AND EXPERIENCE REQUIRED:
- Bachelor’s degree or equivalent combination of education, training and/or experience.
- 7 years of accounts payable-related experience.
- 3 years of supervisory or management experience.
- Strong technology skills: including MS Office (Excel, Word, Outlook), Teams, ERP Systems (preferably SAP), optical character recognition software (OCR) and T&E reporting tools (preferably Concur).
- Track record of success in process improvements, system implementations and/or creating efficiencies.
- Working knowledge of electronic invoice interface processes.
- Working knowledge and ability to lead 1099 reporting.
- Working knowledge of treasury and banking related to disbursements.
- Knowledge of US GAAP specific to this role.
- Strong interpersonal skills and the ability to work collaboratively across functional and organizational teams.
- Strong critical thinking, leadership and problem-solving skills
The above statements are intended to describe the general nature of the work and may not include all the duties associated with this position.