Manager, Accounts Payable

Career Opportunities:
Manager, Accounts Payable (29393)

Requisition
29393
-Posted
- Canada

- BC

- Vancouver

- Accounting and Finance

An innate leader, you model by example and have the proven ability to steer employees toward the achievement of business goals. You are an effective communicator, and you drive multiple initiatives forward. A multi-tasker with exceptional attention to detail, analytical and reasoning skills, you prioritize and find solutions to difficult or complex issues.

You’ve been excited about numbers from an early age and know that Accounts Payable is exciting and that accounting is way more than numbers and spaces on a spreadsheet. What you do is vital to business success. Your analytical savvy and your investigative spirit are your driving character traits.

As the Manager, Accounts Payable you’ll play an integral part of Canfor’s Finance team, responsible for overseeing the accounts’ payable function. Through management of the Accounts Payable team, their work improves vendor engagement and adoption of digital invoicing, as well as ensuring prompt digital payment, contributing to a positive vendor relationship and a stronger supply chain. The role demands a highly organized leader who can manage complex and compliant financial transactions, lead a diverse team across multiple regions, and prioritize the stakeholder relationships.

• Manage the end-to-end accounts payable process with an outflow of $50 million weekly, ensuring timely and accurate processing of invoices and payments.
• Develop and implement accounts payable policies and procedures to enhance efficiency and compliance.
• Oversee vendor issue management and ensure timely resolution of discrepancies.
• Ensure adherence to payment terms and optimize cash flow management through effective payment version management and discount capture.
• Coordinate with internal departments to streamline the procurement-to-payment process.
• Monitor performance of Coupa and Symbeo queues to evaluate team effectiveness.
• Lead, mentor, and develop a global team of 5 accounts payable professionals.
• Foster a collaborative and inclusive team environment that promotes professional growth and high performance.
• Conduct regular performance reviews, set goals, and provide feedback to team members.
• Ensure adequate training and resources are available to the team to meet the demands of the role.

• Ensure compliance with local, national, and international standards and regulations.
• Maintain and oversee the compliance with internal controls to safeguard company assets and prevent fraud.
• Oversee training of accounts payable team to ensure strict compliance to controls.
• As the owner of Accounts Payable processes and procedures, ensure documents are periodically reviewed for accuracy, and updated on demand as required.
• Collaborate with Accounts Payable “Team” to ensure audits are completed and outcomes or actions communicated to stakeholders.
• Collaborate with Corporate accounting and taxation teams when audits are required.
• Oversee the maintenance of strong relationships with key vendors and suppliers.
• Oversee the resolution of any vendor inquiries or disputes in a timely manner.
• Collaborate with the procurement team to ensure alignment on vendor strategies.
• Oversight of the vendor maintenance process and procedures.

• Analyze accounts payable reports to identify trends, minimize risks of duplicate payment, and identify opportunities for improvement.
• Support the financial planning and budgeting process by providing accurate accounts payable estimates to Canfor’s Finance leadership and Treasury teams.
• Ensure timely and accurate month-end and year-end closing activities for the accounts payable function.

• Leverage technology to automate and enhance accounts payable processes.
• Identify and implement process improvements to increase efficiency and reduce costs.
• Stay current with industry best practices and emerging trends in accounts payable management.
• Collaborate with Manager, Finance Transformation, Finance -…