AP Manager

Current with LOGS Legal Group LLP•Colorado Springs, CO

4d•$65,000 - $75,000•Hybrid

About The Position

The purpose of the Accounts Payable (AP) Manager is to oversee the accounts payable process, ensuring accurate and timely processing of invoices and payments. They manage cash flow, maintain vendor relationships, and identify process improvements to enhance efficiency. Additionally, the AP Manager ensures compliance with policies and regulations, leads the AP team, and provides financial reports to support informed decision-making, contributing to the organization’s overall financial health and operational efficiency. Accounts Payable (AP) Manager adds value by streamlining processes for efficiency, identifying cost savings, and optimizing cash flow. They ensure compliance with regulations, lead and develop the AP team, and provide financial insights for strategic decision-making. By effectively addressing discrepancies and vendor issues, the AP Manager helps maintain the organization’s financial health and supports smooth operations.

Requirements

Financial Acumen: Strong grasp of accounting principles
Analytical Skills: Ability to analyze data and identify trends
Leadership Skills: Proven team leadership and communication abilities
Attention to Detail: High accuracy in financial transactions
Problem-Solving Skills: Effective in resolving discrepancies
Time Management: Ability to manage multiple deadlines
Highly detail-oriented and organized
Highly skilled in use of Excel Spreadsheets
Proven ability to work both independently and collaboratively with different levels of employees
Superior analytical and problem-solving skills
Must be a team player and willing to assist in multiple areas as necessary
Education : Bachelor’s in Accounting/Finance preferred
Experience : 3-5 years AP managerial experience required
Technical Skills : Proficient in accounting software and ERP systems
Ability to sit or stand for long periods
Ability to remain focused for extended periods
Ability to work on computers for a significant portion of the day
Ability to perform repetitive movements as required for positions (Typing, clicking, swiveling)
Ability to lift 10-20 pounds as needed

Responsibilities

Supervise AP Team : Lead and mentor the accounts payable staff, ensuring they understand production-related timelines and goals.
Invoice Processing : Manage the timely and accurate processing of supplier invoices related to production materials, ensuring they align with purchase orders and production schedules.
Reconciliation : Regularly reconcile vendor statements with production-related expenses, resolving discrepancies quickly to avoid delays in operations.
Payment Processing : Oversee the scheduling of payments for production suppliers, ensuring that payments align with production cycles and cash flow needs.
Policy Development : Develop and implement AP policies that support production timelines, including prioritization of critical supplier payments to prevent production delays.
Reporting : Generate reports on accounts payable related to production costs, analyzing trends in material spending and identifying potential savings.
Vendor Management : Build and maintain strong relationships with production vendors, addressing any supply chain issues that may impact production efficiency.
Audit Support : Facilitate internal and external audits by providing documentation that reflects production-related financial transactions and processes.