Accounts Payable Manager

Bancroft; Tyndall Village (NJ); On-site; USD 78,000 - 105,000; Full time

Job summary

Bancroft in Cherry Hill, NJ is seeking an Accounts Payable Manager to lead the AP team, oversee vendor payments, and drive process improvements. You will supervise staff, ensure compliance with policies, and manage 1099 filings as part of monthly and annual close activities.

The role requires strong leadership, experience in AP operations, and a focus on accuracy, efficiency, and stakeholder service within a healthcare-focused, mission-driven organization.

Qualifications

• Experience leading Accounts Payable teams and ensuring timely vendor payments.
• Experience with financial reporting and regulatory compliance.
• Knowledge of 1099 filing processes and close activities.

Responsibilities

• Manage daily AP and procurement operations, ensuring accurate, timely payments.
• Supervise AP staff and provide coaching and development.
• Oversee AP month-end close, journal entries, reconciliations, and reporting.
• Lead AP automation and process-improvement initiatives.

Skills

AP leadership

Vendor management

Process improvement

Financial reporting

Education

Bachelor's or Associate degree

Job description

Overview

Bancroft is hiring an Accounts Payable Manager

We’re looking for an experienced accounting professional to lead our Accounts Payable team and help ensure accurate, timely, and efficient financial operations. In this role, you’ll oversee AP activities, expense and cash accounting, financial reporting, and the analysis of financial data while ensuring compliance with company policies and applicable regulations.

You’ll also supervise and support accounting staff, provide excellent internal customer service, and identify opportunities to improve AP processes and overall efficiency.

Location: Cherry Hill, NJSalary: $78,000–$105,000

Responsibilities

• Manage the daily operations of Accounts Payable and Procurement, ensuring accurate and timely vendor payments in accordance with company policies and contracts.
• Supervise the processing of invoices, check requests, expense reimbursements, purchase orders, and vendor payments.
• Oversee purchase card and corporate credit card programs, including administration, coding, reconciliation, and compliance with company policies.
• Partner with Procurement and internal departments to resolve invoice, purchase order, contract, and payment issues.
• Maintain strong relationships with vendors, department leaders, and internal stakeholders to ensure timely resolution of payment and procurement issues.
• Oversee the month-end AP closing process, including journal entries, reconciliations, workpapers, and AP reporting.
• Manage the preparation and timely filing of 1099 forms.
• Monitor and improve AP and Procurement processes, systems, and workflows to increase efficiency, accuracy, and cost-effectiveness.
• Maintain accurate AP and Procurement records and provide documentation and support during internal and external audits.
• Lead and support AP automation and process improvement initiatives, including contract automation, invoice workflows, and system enhancements.
• Manage ASC 842 lease responsibilities, including monthly rent payments and communication with landlords and other third parties.
• Develop and monitor department metrics and reporting, partnering with system administrators to maintain dashboards and reports.
• Supervise, coach, and develop Accounts Payable staff, including performance management and ongoing training.
• Collaborate with internal teams to ensure accurate data, effective workflows, and timely completion of departmental goals.
• Ensure compliance with applicable policies, procedures, regulatory requirements, and organizational standards.
• Perform other duties and special projects as assigned.

Qualifications

Education & Experience:

• Associates or Bachelor's degree in clinical healthcare, risk management, social work, education, human services or related field is required.
• Required either a minimum of three years of experience working with people with disabilities, neurological challenges or mental illness; or a minimum of three years of experience in healthcare risk management, conducting investigations of abuse, neglect or exploitation.
• Prior experience in quality management and/or, healthcare risk management preferred.

EEO Statement

Bancroft stands strong against racism and hate of all kinds and supports actions leading to respect, equality, fairness and peace.We advocate for and embrace an inclusive and just world.One world. For everyone.We work with heart, respect and collaboration. We are communicators, listeners, problem solvers, partners and collaborators.Bring your authentic self to our team.