Senior Manager of Accounts Payable

Job Description

Job Description

Overview

The Senior Manager of Accounts Payable is responsible for the day-to-day operational leadership of the Accounts Payable function, ensuring accurate and timely processing of invoices, payments, contra payables, reconciliations, and related financial transactions. Reporting to the Head of Finance Operations, this position leads the Accounts Payable team, sets team priorities and performance expectations in alignment with Finance Operations goals, maintains internal controls, and drives continuous improvement across Accounts Payable processes, systems, and reporting. The Senior Manager of Accounts Payable serves as the primary Accounts Payable resource for the Head of Finance Operations and other Finance and business partners, providing data, analysis, and recommendations that support accurate financial reporting, cash management, and operational efficiency.

Duties and Responsibilities

· Support the “Cavender’s Culture” and drive our Mission, Vision, and Values.

· Provide day-to-day operational leadership for the Accounts Payable function, setting team priorities and performance expectations in alignment with goals established by the Head of Finance Operations.

· Oversee all aspects of daily Accounts Payable operations, including invoice processing, payment processing, contra payables, vendor maintenance, reconciliations, and issue resolution.

· Lead, develop, coach, and support the Accounts Payable team while fostering a culture of accountability, accuracy, efficiency, collaboration, and continuous improvement.

· Ensure invoices and payments are processed accurately and timely while maintaining appropriate approval workflows and internal controls.

· Track, analyze, and report on key Accounts Payable metrics and performance indicators to identify trends, risks, bottlenecks, and opportunities for improvement.

· Prepare and analyze Accounts Payable reports and provide meaningful insights to the Head of Finance Operations and Finance leadership.

· Oversee vendor account reconciliations and escalated vendor issues while maintaining effective relationships with internal and external business partners.

· Manage the Accounts Payable portion of the month-end close process, including accruals, account reconciliations, and related journal entries.

· Support cash flow forecasting by providing Accounts Payable data, payment schedules, and accrual inputs to Finance and Accounting leadership.

· Execute and maintain Accounts Payable controls and ensure compliance with company policies, accounting standards, regulatory requirements, and established approval processes.

· Identify and recommend process improvements, automation opportunities, and technology enhancements that increase efficiency, accuracy, and visibility within Accounts Payable, and implement approved changes.

· Develop and maintain standardized Accounts Payable procedures, documentation, and controls to support consistent execution across the team.

· Represent Accounts Payable on system implementations, upgrades, integrations, and process improvements, partnering with IT, Finance, Accounting, Operations, Real Estate, and other business functions.

· Serve as a subject matter expert for Accounts Payable processes, systems, policies, and controls.

· Execute Accounts Payable goals and initiatives in support of broader Finance Operations priorities.

· Collaborate with internal and external auditors, provide necessary documentation and support during audits, and remediate Accounts Payable findings.

· Identify operational and financial risks within the Accounts Payable function, escalate as appropriate, and implement corrective actions and controls.

· Support Finance leadership with special projects and reporting initiatives related to Accounts Payable and financial operations.

· Perform other duties and responsibilities as assigned.

Qualifications and Requirements

· Bachelor’s degree in Accounting, Finance, or related field required.

· 7+ years of progressive experience in Accounting, Accounts Payable, or related financial operations.

· 3+ years of supervisory or management experience with demonstrated success leading and developing teams.

· Strong knowledge of Accounts Payable processes, cash disbursements, financial controls, reconciliations, month-end close, and related accounting functions.

· Demonstrated experience improving financial processes, workflows, controls, and operational efficiency.

· Experience monitoring and analyzing Accounts Payable operational metrics.

· Strong understanding of GAAP, internal controls, and Accounts Payable compliance requirements (e.g., 1099 reporting, sales and use tax, unclaimed property).

· Advanced proficiency with Microsoft Office, particularly Excel, including pivot tables, lookups, data analysis, and reporting.

· Experience working with enterprise financial or ERP systems.

· Strong analytical and problem-solving skills with the ability to identify issues, determine root causes, and implement effective solutions.

· Proven leadership abilities with the ability to coach, develop, and hold teams accountable for performance.

· Excellent verbal and written communication skills with the ability to communicate effectively across all levels of the organization.

· Strong interpersonal skills with the ability to build effective partnerships with Finance leadership, vendors, and cross-functional stakeholders.

· Ability to manage multiple priorities, deadlines, projects, and competing business needs in a fast-paced environment.

· High level of attention to detail, judgment, integrity, and accountability.

· Hybrid position based in Addison.

Preferred Skills

· Experience with Microsoft D365 or another enterprise resource planning (ERP) system.

· Experience leading Accounts Payable operations within a multi-location, retail, or high-volume organization.

· Experience with Accounts Payable automation, workflow tools, system implementations, or process transformation initiatives.

· Experience processing lease, rent, and other Real Estate-related payables.

· Experience working in a SOX-controlled environment.

· CAPP (Certified Accounts Payable Professional), or other relevant professional certification.

 

 

Cavender’s is an Equal Opportunity Employer. We do not discriminate based on race, religion, color, military status, national origin, sex, ancestry, age, sexual orientation, pregnancy, disability, genetic information, or any other personal characteristic protected under federal, state, or local law.

 

Cavender’s will provide reasonable accommodations for persons with a disability upon request. If you have a disability and need assistance completing the application, please call Customer Service at View phone number on us.fitly.work or visit your nearest Cavender’s store.