What are the responsibilities and job description for the Accounts Payable Manager position at Monterey Mushrooms, LLC.?
Job Title: Accounts Payable Manager, Shared Services
Reporting To: Vice President Group Controller
Location: Dallas or Madisonville, Texas
Our simple vision is to be the best integrated mushroom company in North America by efficiently delivering superior value to our customers and consumers. We do that by creating long-term value for customers, teammates, suppliers, and the communities in which we operate. We work intentionally toward that vision with a collaborative team foundation. Our principles of trust, respect, integrity, shared vision, empowerment, teamwork, accountability, and continuous improvement spur our actions every day as we work to achieve our purpose.
At the heart of our culture is a group of individuals who dedicate themselves to their work and each other day in and day out. That’s why we invest in enhancing the lives in the communities around Monterey Mushrooms locations. In our hearts, we’re humble farmers. We’re proud of our continent-wide reach from Monterey Mushrooms locations across North America — from coast to coast and Mexico — focused on our company purpose of Enhancing People’s Lives. For more information, please visit our website. www.montereymushrooms.com.
Paine Schwartz Partners (PSP) is a global sustainable food-chain investment private equity firm based in California and New York. The firm invests in middle-market companies across North America and Europe. PSP is exclusively focused on investing in food and agribusiness companies and brings a collaborative and active management approach to its portfolio companies.
Over the past 20 years, PSP (together with certain predecessor and related entities) has invested $5.7 billion of equity capital across 87 food and agribusiness investments (including 31 platform transactions), representing over $10.0 billion of total transaction value. Currently, the fund’s portfolio is comprised of 17 food and ag companies and a total of $6.5 billion in AUM. PSP recently held its final closing for Fund VI at $1.7 billion, which was above its original target of $1.5 billion and 17% bigger than its previous $1.4 billion Fund V.
Of any industry, we believe food and agribusiness presents perhaps the greatest opportunity to simultaneously create value and drive positive impact through responsible investment practices. PSP is committed to addressing imminent challenges facing the food and agriculture sector by championing companies that provide innovative solutions around food security, economic growth, human rights, positive environmental impacts and health products. With an intensive focus on Sustainability & ESG, we are a proud signatory to the Principles for Responsible Investment, the global leading proponent of incorporating ESG factors in investment decisions and processes. To this end, these investments are deeply aligned with the United Nations Sustainable Development Goals (SDGs), such as zero hunger, clean water and sanitation and climate action, among many others. Monterey Mushrooms is a portfolio company of Paine Schwarz Partners, who invested in the business in May 2022. For more information on Paine Schwartz Partners, please visit www.paineschwartz.com.
Why Join Monterey Mushrooms?
Joining our company means stepping into a role where you can truly enhance people’s lives while unlocking your own potential. Here, your ideas aren’t just heard but valued, giving you the freedom to shape your career and create a meaningful impact every day. Seize the opportunity to be part of something extraordinary, where your personal growth drives our collective success and makes a lasting difference in the lives we touch.
What do we expect?
- Oversee all accounts payable operations, ensuring accurate, timely, and policy-compliant processing of invoices and payments.
- Manage and resolve complex vendor issues and escalations while maintaining strong supplier relationships.
- Lead and manage a remote team of 2 AP professionals, providing guidance, performance feedback, and development support.
- Partner with procurement, operations, and other departments to optimize the procure-to-pay process.
- Post voucher batches and manage invoice entry workflows to ensure accuracy and timeliness.
- Manage domestic and international wire payments with full documentation and approvals.
- Support monthly, quarterly, and year-end close activities related to accounts payable, accruals, and account reconciliations.
- Ensure accurate and timely processing of corporate AP entries (codes 910 and 920).
- Collaborate with accounting teams during annual audits by providing AP-related documentation and insights.
- Oversee Comdata uploads and ensure accurate payment processing.
- Conduct regular AP analysis and prepare cash flow reports to inform management decisions.
- Oversee the preparation and distribution of 1099 forms, ensuring compliance with IRS regulations.
- Serve as the lead for Esker platform training, maintenance, troubleshooting, and continuous improvement initiatives.
- Manage and improve the new vendor setup process, ensuring compliance with internal controls and data accuracy.
- Identify and implement process automation opportunities and support AP platform upgrades or new system rollouts.
- Perform other accounting and finance duties as assigned
What are we looking for?
- Bachelor’s degree in accounting, or a related field or equivalent experience.
- Minimum 5 years of experience in accounts payable/full AP cycle.
- Strong knowledge of accounting principles, AP best practices, and compliance requirements.
- Troubleshooting 3-way match with PO issuers: collaborating partnering with purchasing/ receiving teams to ensure 3-way matching
- Hands on experience ensuring invoices are timely and accurately vouchered, not just waiting for invoices to match, it requires to actively seek and solving invoices /PO to complete the 3-way matching
- Accounting background /experience is a must - needs to be able to understand accrual accounting
- Cash flow - ability to manage AP to match cash flow plans while maintaining supplier relationships
- Experience managing teams
- Experience working in a shared services or multi-entity environment (required).
- Experience in implementing AP platforms and automation tools (e.g., Esker, SAP, Oracle, Coupa, or similar).
- Proficient in accounting software (JDE, Oracle, Excel,)
- Excellent analytical and problem-solving skills.
- Strong organizational and time management skills.
- Exceptional communication skills, both written and verbal.
- Ability to work independently and collaboratively in a team environment.