About the job
Join Atec Spine as an Accounts Payable Manager and lead our dynamic team in overseeing the complete accounts payable cycle. This pivotal role not only ensures the timely and precise processing of invoices, payments, and expense reports but also cultivates a high-performance culture of accountability, continuous improvement, and professional development. You'll play an essential role in managing inventory-related payables while contributing to the bank account setup and cash management functions.
Key Responsibilities
Leadership & Team Development
- Inspire, guide, and enhance the skills of a team of AP professionals, promoting collaboration and growth.
- Offer continuous coaching, performance evaluations, and career development strategies for team members.
- Set clear objectives, expectations, and KPIs, holding the team accountable for their achievements.
- Identify skill gaps and develop training initiatives to elevate team capabilities.
- Encourage a culture of ongoing improvement, knowledge sharing, and operational excellence.
- Act as an escalation point while empowering team members to make independent decisions.
- Support succession planning and talent development within the department.
Accounts Payable Oversight
- Manage daily AP operations, including invoice processing, coding, approvals, and payment execution.
- Ensure compliance with company policies and accounting standards through accurate and timely transactions.
- Oversee month-end close activities related to accounts payable, including accruals and reconciliations.
- Maintain vendor records with appropriate documentation (W-9s, contracts, etc.).
- Resolve complex vendor queries and discrepancies efficiently.
Inventory & Cost Management
- Collaborate with procurement and inventory teams to ensure accurate invoice matching to purchase orders and receipts.
- Oversee inventory-related payables, ensuring proper accounting practices.
- Assist in tracking inventory costs and identifying variances.
- Support audits regarding inventory and cost of goods sold.
Banking & Cash Management
- Lead the setup, maintenance, and closure of bank accounts across various entities.
- Manage user access, signatories, and banking documentation.
- Oversee payment methods such as ACH, wire transfers, and checks.
- Collaborate with Treasury or Finance on cash flow forecasting and payment strategies.
- Ensure adherence to internal controls and fraud prevention measures.
Process Improvement & Systems Management
- Identify and implement efficiency-enhancing process improvements.
- Lead AP automation initiatives and system implementations.
- Maintain and optimize ERP/AP systems and workflows.
