Accounts Payable Manager

Loro Piana; New York (NY); On-site; USD 90,000 - 120,000; Full time

Job summary

Loro Piana is seeking an Accounts Payable Manager in New York. This role involves overseeing all accounts payable operations, ensuring accuracy and compliance while leading a team.

The ideal candidate will have strong leadership skills and extensive experience with SAP, especially the Vendor Invoice Management module. Experience in a retail environment is highly preferred. The position offers a salary range of $90,000 to $120,000.

Qualifications

• 5+ years of progressive experience in accounts payable, with at least 2 years in a management or supervisory role.
• Proficiency in SAP and related modules.
• Strong understanding of accounting principles.

Responsibilities

• Manage and lead the Accounts Payable team.
• Oversee the end-to-end accounts payable process.
• Ensure compliance with company policies and regulatory requirements.

Skills

SAP

Leadership

Accounts Payable Best Practices

Microsoft Office Suite

Education

Bachelor's degree in Accounting, Finance, Business Administration, or related field

Tools

SAP Vendor Invoice Management

Job description

Overview

Position The Accounts Payable Manager will be responsible for overseeing all accounts payable operations, ensuring accuracy, efficiency, and compliance within a fast-paced retail environment. This role requires strong leadership skills, a deep understanding of accounts payable best practices, and extensive experience with SAP, particularly with the Vendor Invoice Management (VIM) module. The Accounts Payable Manager will lead a team, implement process improvements, and contribute to the overall financial health of the organization.

Responsibilities

• Manage and lead the Accounts Payable team, including hiring, training, performance management, and professional development.
• Oversee the end-to-end accounts payable process, from invoice receipt to payment, ensuring timely and accurate processing.
• Ensure compliance with company policies and regulatory requirements.
• Utilize and optimize SAP functionality, with a strong focus on the Vendor Invoice Management (VIM) module, to streamline invoice processing, approvals, and workflows.
• Identify and implement process improvements and automation initiatives to enhance efficiency and reduce manual efforts within the AP department.
• Collaborate with internal departments to resolve invoice discrepancies and improve interdepartmental processes.
• Manage vendor relationships, resolve payment issues, and ensure vendor satisfaction.
• Oversee month-end and year-end close activities related to accounts payable.
• Prepare and analyze AP reports, providing insights into payment trends, vendor performance, and potential cost savings.
• Develop and maintain robust internal controls to safeguard company assets and prevent fraud.
• Assist with internal and external audits, providing necessary documentation and explanations.

Profile / Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• 5+ years of progressive experience in accounts payable, with at least 2 years in a management or supervisory role.
• Mandatory: Proficiency with SAP
• Highly Preferred: Experience with SAP Vendor Invoice Management (VIM) module and Purchase Module
• Experience in a retail or high-volume transaction environment is a significant advantage.
• Strong understanding of accounting principles and accounts payable best practices.
• Excellent leadership, communication, and interpersonal skills.
• Proficiency in Microsoft Office Suite (Excel, Word, Outlook).
• Detail-oriented with a strong commitment to accuracy and efficiency.
• Ability to thrive in a fast-paced and dynamic work environment.

Additional Information

Salary: $90,000 - $120,000