AP Lead

Purchasing Power

3d•Hybrid

About The Position

Purchasing Power is a leading employee purchase program that helps people buy the products and services they need through the convenience of payroll deduction. As part of PROG Holdings (NYSE: PRG), a FinTech holding company with more than 20 years of experience, we’re focused on building simple, responsible financial solutions that put people first. PROG Holdings’ portfolio includes Progressive Leasing, a market leader in lease‑to-own solutions, Purchasing Power, and Four, a Buy Now Pay Later (BNPL) platform — all united by a commitment to innovation, access, and meaningful impact. We’re looking for an AP Lead to back-up and support the AP manager with the overall accounts payable function, ensuring accurate and timely processing of invoices, payments and expense reimbursements. This role maintains strong supplier and vendor relationships, follows internal SOX controls, drives process efficiency, and supports month-end and audit activities. This role will be key in owning all supplier/vendor maintenance and customer service inquiries by both internal and external suppliers/vendors. This individual will be responsible for the supplier/vendor onboarding process and change management in all company systems (currently Oracle and Concur), which includes new supplier/vendor set-ups and/or any changes to existing supplier/vendors.

Requirements

Bachelor’s degree in accounting, Finance, Business, or related field
7-10+ years’ experience in Accounts Payable, including leadership or supervisory experience
Strong knowledge of accounts payable principles and internal controls
Proficiency with ERP/accounting systems and Excel
Excellent analytical, problem-solving and communication skills
Experience with audits, reconciliations and process improvement initiatives
Strong attention to detail and data accuracy
Ability to manage high volumes of data and tasks daily
Experience collaborating with people at all levels of an organization
Ability to establish and maintain strong relationships
Must be a team player and able to work collaboratively with others

Responsibilities

Serve as the back-up for the AP Manager which may include directing the work of the AP team
Accurately collect, independently validate and meticulously maintain supplier/vendor information in all of the company's systems, including contact information, proof of existence, address, method of payment, banking information, insurance certificate, supplier/vendor agreement, and tax details (e.g. W-9 forms), following internal SOX controls
Perform TIN matching to verify supplier/vendor tax identification numbers
Timely (in accordance with Accounts Payable SLAs) respond to internal or external supplier/vendor servicing requests/inquiries in a professional and customer service-oriented manner. Responses are expected to be complete and eliminate the need for follow-up.
Manage internal and external supplier/vendor relationships
Quickly resolve supplier/vendor payments issues and discrepancies
Reconcile accounts payable subledger and supplier/vendor statements at least monthly
Generate reports on supplier/vendor data, including active supplier/vendor count, spending trends and compliance status
Perform regular data cleansing activities to ensure supplier/vendor information is accurate and up to date
Comply with all company and Accounts Payable policies and procedures, including SOX internal controls, segregation of duties, etc.
Support internal and external audits as necessary
Assist with year-end 1099 processing
Identify and implement process improvements and automation opportunities in AP, which may include partnering with Treasury and Merchandising
Perform ad hoc analysis or duties assigned by the AP manager
Process expense reports and execute payment runs
Maintain and enforce AP policies, procedures and internal controls