Accounts Payable Manager

Job Posted 1/26/2025

Fortune International, LLC

Bensenville, IL 60106

United States

Category Accounting

Job Description

Summary of Position:

The Accounts Payable (AP) Manager is responsible for overseeing and managing the accounts payable department, ensuring timely and accurate processing of invoices, expense reports, and payments. This role ensures that the AP process runs smoothly and efficiently, maintains strong vendor relationships, and adheres to internal controls and policies. The AP Manager will collaborate closely with internal departments, vendors, and other external stakeholders to ensure efficient workflow, compliance with regulations, and optimal use of financial resources.

Responsibilities:

Oversee the daily operations of the accounts payable function, including invoice processing, payment disbursement, and expense reporting.
Ensure the accuracy and timeliness of invoice approvals, coding, and data entry into the system.
Maintain accurate vendor records and resolve any discrepancies in a timely manner.
Manage relationships with vendors, ensuring timely payments, handling disputes, and negotiating payment terms when necessary.
Review and reconcile vendor statements to maintain accurate records.
Manage, mentor, and train the accounts payable team, fostering a high-performance and collaborative work environment.
Set departmental goals, monitor team performance, and ensure adherence to deadlines.
Continuously evaluate and improve AP processes, implementing best practices and automation tools to increase efficiency.
Work closely with the accounting team to ensure seamless integration with the general ledger and month-end closing activities.
Continuously evaluate and improve AP processes, implementing best practices and automation tools to increase efficiency.
Work closely with the accounting team to ensure seamless integration with the general ledger and month-end closing activities.
Ensure compliance with company policies, internal controls, and regulatory requirements related to accounts payable.
Prepare and monitor accounts payable reports and metrics, including aging reports, payment forecasts, and accruals.
Assist with internal and external audits by providing necessary reports and documentation for accounts payable.
Collaborate with finance leadership to support month-end and year-end closing processes, including reconciliation of AP accounts.

Minimum Requirements:

5+ years of accounts payable experience, with at least 2 years in a managerial or supervisory role.
Bachelor's degree in accounting, finance, or a related field a plus.
Strong knowledge of accounting principles and practices related to accounts payable.
Experience with ERP systems (e.g., Microsoft Dynamics, Oracle, etc.) required.
Strong leadership and team management skills with the ability to motivate and develop staff.
Excellent attention to detail and organizational skills.
Proficient in MS Office Suite, particularly Excel (e.g., pivot tables, VLOOKUPs).
Strong problem-solving skills and the ability to handle high-pressure situations.
Excellent verbal and written communication skills, with the ability to collaborate with internal and external stakeholders.
Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Fortune Fish & Gourmet is an equal opportunity employer.

Our Mission is to elevate meals and lives by uniting unmatched product quality and selection with responsible sourcing, faithful stewardship, and unparalleled commitment to our customers' and team members' success.

Our Vision is a world in which we can all:

Do good. Be great. Scale excellence.