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Accounts Payable Manager

Location: Buffalo Grove, IL, USA

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Accounts Payable Manager

Why Work Here?

At MNJ, we focus on Being the Difference for our team, clients, partners and community.

Benefits Offered:

Dental, Life, Medical, Retirement and Vision

Compensation:

$95,000 - 110,000k/year, plus bonus

Position Purpose:

The primary purpose of this position is to lead Accounts Payable (AP) team, supervise, monitor and evaluate all daily AP activities in order to ensure effective, efficient and accurate financial processes and operations.  

Every effort has been made to identify the essential functions of this position. However, it in no way states or implies that these are the only duties you will be required to perform. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or is an essential function of the position.

Position Responsibilities:

  • Oversee daily operations for all areas within AP and ensure all procedures and policies are being followed.
  • Ensure all reconciliations and research of vendors accounts and ensure account issues are resolved on a timely basis.
  • Review and approved vendor adjustments, special applications and write offs.
  • Continuously analyze and make recommendations to improve policies and procedures within accounts payable.
  • Oversee weekly payout of vendor payments, ensuring accuracy, completeness and timeliness.
  • Ensure all AP transactions and related month-end reconciliations are completed and posted in accordance with established deadlines.
  • In charge of month-end AP reconciliation reports and analysis for management review.
  • Serve as lead AP resource for audits.
  • Oversee vendor payables and any disputes with 3rd party provider. Also ensure contract terms with 3rd party provider are being met.
  • Partner with Purchasing and Sales to resolve vendor issues and improve vendor management
  • Act as Vendor Relation liaison in difficult situations related to accounts payable. See timely resolution through completion.
  • Oversee vendor 1099 annual compliance and annual reporting.
  • Participate and lead improvement projects in the areas of AP procedures and policies to continuously add efficiencies and automation.
  • Supervise, train and evaluate AP staff to enhance their performance, development, and work product. Address performance issues and makes recommendations for personnel actions in a timely manner.
  • Determine appropriate staffing needs and conduct hiring and training.
  • Assist the corporate controller in the month-end and year-end process to close the consolidated books in a timely manner on an as needed basis.
  • Serve as a backup in all accounts payable tasks, as needed.
  • Other duties as assigned.

Position Requirements:

  • Bachelor’s Degree required.
  • At least 5 years of general accounting experience.
  • At least 3 year of accounts payable experience.
  • At least 2 years of management experience.
  • Knowledge of accounting generally accepted principles and practices.
  • Intermediate working knowledge and technical aptitude in MS Excel.
  • Working knowledge of ERP system.
  • Excellent organizational, time-management and interpersonal skills.
  • Excellent problem-solving, and analytical skills. Must be detailed oriented.
  • Ability to maintain a high level of accuracy in preparing and entering financial information.
  • Ability to maintain confidentiality concerning financial information.
  • Self-starter with the ability to work on multiple concurrent tasks and projects, work well under pressure and meet deadline.
  • Strong verbal and written communication skills.
  • Experience in distribution industry with inventory preferred.
  • Must be able to read, write, speak, and understand the English language.
  • Must possess the ability to deal tactfully with vendors, customers, employees, and the general public.

MNJ is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.