The Accounts Payable Manager will support and assist balance sheet forecasting efforts related to payables, and pursue centralizing forecasting and planning efforts for payables. They will lead their team with a team player mindset. They are accountable for all internal controls and compliance matters for their areas. As a member of finance leadership, this role will partner with other functional area leaders to drive and disseminate the company's strategic initiatives and ensure that the team is providing quality service to internal customers such as Business Unit Controllers, IT, Human Resources and Payroll, and the HLT.
Role and Responsibilities
Initiate and lead strategic initiatives related to the P2P business cycles
Oversee daily and monthly account payable operations
Accountable for internal control compliance for all accounts payable activities
Support team needs, and coordinate cross-functional efforts that drive process improvements, efficiencies and support the Hussmann strategic Initiatives.
Collaborate with Global Sourcing and Procurement to maximize vendor relationships through payment method conversions and payment method tools
Explore and lead innovative solutions and initiatives to eliminate highly manual tasks, and develop cross-training programs to eliminate individuals that are single points of failure across the team
Manage the preparation of monthly balance sheet forecasts and the annual plan for Corporate Accounting and BU Finance teams. Support other finance and functional areas during forecasting and planning periods.
Support Corporate Accounting and Business Unit Controllers during forecasting and planning periods
Drive innovative reporting around accounts payable activity for cash flow analysis
Support finance talent development and succession planning initiatives
Continually evaluate talent and skillset needs that support Hussmann strategic direction and technology initiatives (ERP Simplification project, Power BI utilization)
Collaborate across departments and communicate with internal and external customer to achieve results.
Qualifications and Education Requirements
Bachelor’s Degree in Accounting or Finance
10+ years of increasing finance/accounting experience, 5+ years of leadership experience
10+ years of Shared Services Accounts Payable experience
Experience with outsourcing of accounts payable invoice processing, EDI (Electronic Data Exchange), supply chain financing and virtual card payments
Strong proficiency with Microsoft Office Suite; advance knowledge of Microsoft Excel a plus
Extensive experience with financial ERP systems
Ability to analyze and problem solve
Ability and passion for mentoring, training and coaching others
Excellent organizational skills; ability to manage competing priorities
Detail oriented and thorough
Effective communication skills; customer service oriented