About the Company:
Our client, a fast-growing Canadian business, is seeking an experienced Accounts Payable Manager to join their team. This is an opening for a 3-month contract, with potential for a permanent role. The role will work closely with the Director of Finance, taking responsibility for the full accounts payable process, ensuring smooth payment workflows, fostering strong vendor relationships, and maintaining compliance with tax regulations and internal controls.
What You’ll Be Doing:
- Manage all aspects of the accounts payable cycle, ensuring the accurate and prompt processing of payments.
- Lead the company’s credit card management process, ensuring employee expenses are recorded accurately and align with company policy.
- Reconcile accounts payable transactions regularly, ensuring alignment between the sub-ledger and general ledger.
- Support month-end closing by reviewing vendor balances, preparing accruals, and assisting in the generation of relevant reports.
- Build and maintain productive relationships with vendors to ensure timely resolution of inquiries and disputes.
- Manage vendor master data, ensuring proper setup and maintenance of vendor information to uphold data integrity.
- Supervise the correct coding, approval, and recording of invoices in the financial system, ensuring they align with purchase orders.
- Review and prepare payment schedules, ensuring payments are made on time and any potential overpayments or errors are avoided.
- Ensure proper categorization of expenses for tax purposes and collaborate with tax advisors to ensure compliance during tax return preparation.
- Provide support to internal and external auditors by supplying documentation and insights related to accounts payable.
- Strengthen internal controls within the AP process to minimize risks and ensure adherence to company policies and external requirements.
- Manage the employee expense reporting and reimbursement system, ensuring it follows policy guidelines and approval procedures.
- Guide and mentor the accounts payable team, fostering professional growth and driving process improvements.
- Identify opportunities to streamline AP operations through process automation and enhanced efficiency.
- Provide management with regular reporting on key metrics, such as accounts payable aging and cash flow projections.
What You’ll Need To Be Successful:
- Bachelor’s degree in Accounting, Finance, or a related field.
- At least 6 years of hands-on experience in accounts payable, including managing payments, vendor interactions, and reconciliations.
- Proven leadership experience, with a history of mentoring teams and improving processes.
- Strong communication and negotiation skills for effective vendor and internal collaboration.
- Comprehensive understanding of accounting principles, compliance, and internal controls surrounding payables.
