Accounts Payable Manager

Norco Industrial; Boise (ID); On-site; USD 50,000 - 90,000; Full time

Job summary

An established industry player is seeking an Accounts Payable Manager to lead their accounts payable operations. This role involves overseeing processing, ensuring compliance, and providing mentorship to the team. The ideal candidate will have a strong background in accounts payable, excellent problem-solving skills, and the ability to adapt to changing priorities. This position offers a unique opportunity to contribute to a company that values employee ownership and fosters a collaborative work environment. If you are passionate about leading teams and optimizing financial processes, this is the perfect opportunity for you.

Benefits

Employee Stock Ownership Plan (ESOP)

Health, Vision and Dental Insurance

Health Savings Account (HSA)

Medical and Dependent Care Flex Accounts (FSA)

Life Insurance provided at no cost

Supplemental Accident, Disease, and Life Insurance options

Employee Tuition Reimbursement

401(k) with Employer Matching

Wellness Program

Employee Discount on products sold by Norco

Qualifications

• 4 years of direct accounts payable experience required.
• 2 years of supervisory experience preferred.
• Strong understanding of vendor tax reporting requirements.

Responsibilities

• Oversee accounts payable operations and ensure compliance.
• Supervise and mentor department staff for optimal performance.
• Manage vendor relationships and payment terms to optimize cash flow.

Skills

Problem-solving

Leadership

Communication Skills

Attention to Detail

Analytical Skills

Self-motivation

Adaptability

Education

Bachelor's degree in accounting or related field

Equivalent combination of education, training, and experience

Tools

Microsoft Office (Excel, Word & Outlook)

TIMS database

ERP system

Job description

Founded in 1948, Norco is headquartered in Boise, Idaho and has more than 70 branches in Idaho, Montana, Oregon, Nevada, Washington, Utah and Wyoming. As a family and employee owned company, we operate the nation's largest independent gas manufacturer/distributor of welding, safety, medical equipment and supplies. Norco is proud to be among the thousands of privately-owned businesses nationwide that offer their employees a meaningful stake in the business through employee stock ownership (ESOP).

At Norco we share a common mission: "Serving You Better." Treating customers, suppliers and each other with respect and dignity is our top priority. We work hard every day to serve others and create rich lives for our employees, their families, and the communities where we work and live.

Job Description

Norco is currently seeking an individual to fill our Accounts Payable Manager position. The Accounts Payable Manager is responsible for oversight of Norco’s Accounts Payable operations. The role oversees and directs all accounts payable processing and procedures, supervising and coaching department staff, and ensuring compliance. Problem solving includes vendor account complex error investigation and resolution. Impact includes potential for significant operational and financial implications. Other responsibilities include, but are not limited to:

• Provide leadership to the team and offer guidance and mentorship
• Work to provide a positive and collaborative atmosphere with a focus on Norco’s purpose and values
• Ensure accurate and efficient processing of payables and payment runs
• Provide coverage for team members in their absence
• Supervise accounts payable team to ensure vendor invoices are entered on a timely basis and are accurately and properly coded
• Communicate with vendors, staff, branches, and management to address issues and complex inventory discrepancies
• Interact with all levels of Norco management
• Develop and monitor department metrics
• Assist with testing and implementation of changes with the ERP system
• Assist with development and updates of department documentation tools
• Work with internal partners to develop automated solutions
• Ensure vendors are set up accurately and in compliance with 1099 filing requirements and administer program for issuance of 1099 forms at year end
• Manage vendor relationships, including payment terms and options for payment to optimize cash flow
• Function as the subject matter expert for Accounts Payable with the company’s ERP system
• Monitor and resolve outstanding issues on unpaid receiving’s report as required
• Hire, train, lead, and evaluate team, as needed and coordinate staffing schedules, track employee attendance, punctuality, and PTO
• Perform other tasks as assigned or necessary

Qualifications

• Bachelor's degree in accounting or related field OR any combination of education, training, and experience that provides equivalent necessary to perform the essential functions of the position
• Four (4) years direct accounts payable experience required
• Two (2) years' supervisory experience
• Ability to adapt to and manage changing priorities
• Ability to be self-motivated and work with minimal supervision
• Ability to make decisions using good judgement
• Ability to effectively manage, motivate and provide leadership to staff
• Ability to work in frequently high stress situations
• Basic understanding of accounting principles
• Strong understanding of vendor tax reporting requirements
• Excellent verbal and written communication skills
• Excellent attention to detail
• Excellent problem-solving skills
• Knowledge of Project Management methodology
• Proficient in Microsoft Office (Excel, Word & Outlook)
• Strong analytical skills – ability to analyze financial data, identify problems and implement solutions
• Working knowledge of TIMS database preferred

Additional Information

Norco offers a competitive compensation/benefit package, including:

• Employee Stock Ownership Plan (ESOP)
• Health, Vision and Dental Insurance
• Health Savings Account (HSA)
• Medical and Dependent Care Flex Accounts (FSA)
• Life Insurance provided at no cost to employee by Norco
• Supplemental Accident, Disease, and Life Insurance options
• Employee Tuition Reimbursement
• 401(k) with Employer Matching
• Wellness Program
• Employee Discount on products sold by Norco

Norco, Inc is an Equal Opportunity/Affirmative Action Employer
Norco provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.