Accounts Payable Manager

Accounts Payable Manager Position Type: Full-time (salaried) position. This is a hybrid position requiring 2 days in-office at our Charlestown, MA HQ location. Compensation: $90,000 - $130,000 Annual Salary + potential for up to 15% discretionary annual bonus Job Summary: The Accounts Payable Manager is responsible for overseeing and managing the MA operations and Corporate headquarters’ accounts payable functions. This includes ensuring timely and accurate processing of invoices, payments, and expense reports, maintaining strong vendor relationships, supervising and supporting junior team member(s), and promulgating accounts payable / disbursement policies and procedures as needed. Essential Functions: The Essential Functions are representative, but not all-inclusive, of the knowledge, skills, and abilities required to perform this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of this position. Invoice Processing: Supervise the processing of incoming invoices, verifying accuracy and adherence to company policies. Ensure invoices are coded and routed correctly for departmental approval promptly. Ensure all approved invoices are synced to financial reporting system. Work with both internal and external parties to ensure any issues are resolved promptly. Payment Management: Oversee the cash disbursement process, including scheduling and issuing payments to vendors within the established payment terms. For vendors participating in the Supply Chain Financing program, ensure payments are properly directed to the program’s funding institution Manage payment deadlines, when applicable, to optimize working capital, increasing DPO and achieving the budgeted DPO Implement and maintain efficient payment methods and systems, such as electronic payments. Maintain the company credit card program, monitor spending vs. budget, and ensure manager approvals are obtaine Ensure AP team is addressing daily bank reconciliation open items. Oversee requests and queries to AP and ensure timely resolution. Collaborate with the Supply Chain Manager in improving internal controls over the cash disbursement process, including consistent use of purchase orders as well as the three document match (PO, receiving report, invoice). Vendor Management: Cultivate and maintain positive relationships with the vendors’ credit and accounts receivable personnel, addressing inquiries and resolving issues promptly. Set up vendors and proactively maintain the vendor database: Input changes to vendors’ payment terms, as communicated by the Supply Chain Manager, as well as address changes, contact names, etc. Ensure strong internal controls over the addition of new vendors and processing other approved vendor file changes Reporting and Compliance: Prepare and analyze accounts payable reports, providing insights and recommendations for process improvements. Reconcile the A/P subsidiary ledger to the general ledger each month-end. Prepare month-end accrued expense listing for inventory or services received but not yet invoiced. Ensure compliance with internal controls, accounting standards, and regulatory requirements. Assist in audits by providing accurate and timely documentation and explanations of accounts payable transactions. Support the financial close process on a monthly, quarterly, and annual basis to adhere to company deadlines. Prepare and mail all required 1099 documents. Team Leadership: Provide guidance, training, and performance feedback to the A/P assistant. Foster a collaborative and productive work environment to maximize efficiency and effectiveness. Delegate tasks and responsibilities appropriately to ensure workload balance and goal achievement. Maintain and create detailed procedures of AP tasks, identify opportunities for process improvement, plan and execute process improvement initiatives. Perform additional tasks as required. Education & Experience: Bachelor's degree in accounting, finance or business administration required. Minimum of 7-10 years of progressive AP experience, including at least 3 years in a supervisory role. Experience managing AP in a multi-entity environment. Proficiency with accounting software, Netsuite and Bill.com experience a plus. Experience with Microsoft Office Suite with strong Excel skills (formulas, pivot tables, & v-lookups) Knowledge of accounting and management principles and accounts payable procedures. Strong analytical and problem-solving skills. Excellent leadership, communication and change-management skills. Customer-oriented mindset with the ability to influence and train others across functions. Ability to work either independently or collaboratively as needed. Self-motivated and capable of handling multiple tasks in a high-pressure environment Requires proficiency in reading, writing, and communicating in English Perks/Benefits: Health Insurance Dental Insurance Vision Insurance Hybrid work environment 401k Retirement Plan with match PTO with accrual schedule Paid holiday schedule Employee Assistance Program Fast growth opportunities! Great company culture Supervisory Responsibilities: The role is a combination individual contributor and managerial position. As such, the A/P Manager is responsible for setting performance goals, conducting evaluations, providing feedback, allocating tasks and responsibilities as required, and managing resources. Work Environment: Hybrid position: This position is a flexible work model that combines remote and on-site work. When working remotely, the employee is required to have a workspace free of distraction during work hours to perform job duties. Physical Demands: (pick what is applicable) Requires sitting at a desk for long periods of time, performing tasks on a computer, the ability to move within the office to attend meetings, access equipment, or interact with colleagues. Equal Opportunity Employer: At HomeWorks Energy, we celebrate diversity, inclusion, and collaboration. As an Equal Opportunity Employer, we do not discriminate against race, color, religion, national origin, sex, age, gender identity, or expression, sexual orientation, physical or mental disability, veteran status, or any other applicable characteristics. All employment decisions are based on qualifications, skills, and experiences needed to successfully perform the job.