Accounts Payable Assistant Manager
$66.59k - $90kMYR Group
Assistant Accounts Payable Manager
The Assistant Accounts Payable Manager leads a team of AP associates, ensuring accurate invoice processing, payment execution, and compliance with company policies.
MYR Group Inc. (MYR Group) is a publicly traded holding company of specialty electrical construction companies with roots dating to 1891 and 8,500+ employees. MYR Group subsidiaries work on large-scale electrical construction projects throughout the U.S. and Canada. We contribute to a clean energy future while fostering a safe, supportive, and inclusive work environment. Our culture is built on shared values and mutual respect, where teamwork and collaboration occur naturally.
Throughout our rich history, we have partnered with utilities, municipalities, commercial clients, and developers to deliver some of the largest and most complex projects, including new construction, upgrades, maintenance and repair for transmission, distribution and substation facilities, commercial and industrial electrical construction, emergency and storm restoration, clean energy, pre-construction services, and engineer-procure-construct (EPC) methods of project delivery.
Essential Functions:
- Lead and supervise AP (Accounts Payable) team in a hybrid work environment
- Schedule, plan, and coordinate employee work
- Monitor and evaluate the work performance of staff supervised
- Ensure invoices are processed accurately in timely manner and payments are issued in accordance with contractual payment terms
- Ensure all payments issued have been properly reviewed for accuracy and approved in accordance with MYR Financial Signature Authority Policy FA 03.12
- Ensure vendor payments are issued in accordance with contractual terms
- Ensure invoices are approved and payments are issued in accordance with GAAP and MYR SOX controls
- Assist with the monthly accounting close process; ensure timely delivery of AP Aging reports and analysis
- Promptly respond to escalated issues arising from vendors and internal staff
- Develop and maintain training and SOP documentation to ensure proper and consistent execution of AP procedures
- Ensure application of best practices and procedures
- Recommend revisions to procedures as required to improve operations
- Ensure vendors are set-up in accordance with MYR policies; perform annual vendor master data maintenance
- Demonstrate experience managing 1099 reporting in compliance with IRS requirements, including reviewing and validating 1099 data for accuracy, completeness, and proper classifications, and verifying Form W?9 information (TIN and entity type)
- Perform unclaimed property research and support escheatment processes, including identification of outstanding or aged payments and compliance with state filing requirements
- Review and account for all "Received Not Vouchered" transactions
- Regular and predictable attendance
- Other duties as assigned
- Essential functions of this position are to be performed in a Company-designated office or field location
- Understand and comply with the Company's Code of Business Conduct and Ethics Policy and other industry-specific professional and ethical standards
Qualifications:
- Minimum 7 years of progressively-responsible Accounts Payable operations experience
- Minimum 5 years full cycle AP experience
- Minimum 5 years of experience with major ERP software such as Oracle or SAP
- Minimum 5 years of experience in a lead or supervisory Accounts Payable role
Preferred Education:
- High school diploma or GED is required
- Associate's degree or BS/BA degree in Accounting, Business or similar discipline is preferred
Knowledge/Skills/Abilities:
- Excellent knowledge and understanding of Accounts Payable or accounting software and business systems
- Exceptional organizational and time management skills
- Maintain high standards of accuracy and accountability
- Proficiency with MS Word and Excel
- Proven ability to manage priorities and workflow efficiently in a fast-paced, high-volume environment
- Knowledge of applicable governmental regulations
- Strong interpersonal and communication skills
- Excellent analytical skills
- Proven decision-making skills and problem-solving capabilities
- Proven ability to professionally interact with vendors, clients, colleagues, auditors, lenders, etc.
- Proven ability to handle escalated issues/concerns calmly and professionally
- Leadership skills
What We Offer:
- Salary $66,585-$90,000 / year commensurate with experience, paid weekly. Posted salary ranges are made in good faith. MYR Group reserves the right to adjust ranges depending on the qualifications of the selected candidate.
- Comprehensive benefits package - Medical, Basic Vision, Regenexx, Teledoc, Hearing, Mental Health (Low deductibles and out-of-pocket maximums) - Fifteen Dollar weekly premium for employee or employee plus family coverage.
- Dental 100% employer-paid premium.
- ThrivePass Health & Wellness Reimbursement Program - Twelve hundred dollars annually for health and wellbeing-related purchases.
- Annual Paid Time Off starting at 15 days plus 10 paid Holidays (Cultural Celebration Day is a floating holiday).
- Generous 401(k) Plan with 100% match up to 6%; immediate vesting , and Annual profit-sharing potential.
- Superior educational assistance program (support for educational costs, internal training, and more!).
- Company-paid short and long-term disability, life, and accidental death & dismemberment.
- Company-paid business travel accident insurance.
- Employee Assistance Plan (EAP).
- Various voluntary plans available including supplemental vision, accident and critical illness, ID theft, group legal, group auto & home, and additional voluntary life insurance plans for employees and dependents.
This position will remain posted for a minimum of three days. The posting will remain active and automatically extend until the vacancy is filled.
MYR Group, Inc. and our subsidiaries are proud to be Equal Opportunity Employers. We promote diversity of thought, culture, and background, which connects our family of brands. We are committed to a work environment that supports, inspires, and respects all individuals and in which personnel processes are merit-based and applied without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, marital status, age, disability, national or ethnic origin, military service status, or other protected characteristics. We celebrate diversity and are committed to creating an inclusive environment for all employees.
MYR Group does not sponsor applicants for work visas. Applicants must be currently authorized to work in the United States for any employer.
MYR Group, Inc. and our subsidiaries do not work with any third-party recruiters or agencies without a valid signed agreement and partnership with the Corporate Talent Acquisition Team.
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