Accounts Payable Lead
Full-time
Ten Eight Concepts
Full-time
Description
Job Summary
The Accounts Payable Lead plays a key role in supporting the company’s financial operations, payables and cash management functions. This position is responsible for the oversight and management of the Accounts Payable function and related tasks as outlined below. The Accounts Payable Lead collaborates with restaurant and department leaders to ensure timely submission and payment of liabilities and accurate financial reporting.
Key Responsibilities:
- Completes new vendor setup form and collects necessary vendor information (Form W-9). Ensures vendor roster is maintained and owns the year end processing of forms 1099
- Completes monthly credit card and bank accounts reconciliations, including confirmation of supporting receipts and required documentation
- Upload and reconcile bank transactions daily, including restaurant level cash transactions and credit card deposits. Ensures that bank transactions are cleared and uncleared items are communicated promptly
- Owns the maintenance and setup of users in XtraChef and other accounts payable software tools
- Prepares and/or reviews sales tax reports based on invoices and established departmental procedures. Ensures tax reports are completed timely and submitted for review and approval by management
- Reconcile assigned general ledger accounts and ensure accuracy of financial records
- Assist with month-end and year-end close processes, journal entries, and account reconciliations
- Participate in various projects, team activities and operational improvement initiatives
- Create and update various checklists and SOP documents for use and reference by the entire accounting department
- Serves as Payroll processor backup and runs at least one payroll quarterly to ensure proficiency
Requirements
Required Skills/Abilities
- Bachelor’s degree in Accounting, Finance, or related field. Advanced work experience may be used in lieu of bachelor’s degree.
- 3–5+ years of progressive accounting experience
- Advanced proficiency in Microsoft Excel, including pivot tables and charts
- Excellent attention to detail, organizational, and problem-solving skills
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Self-motivated and able to prioritize tasks independently ensuring completion by due dates
- A positive attitude at all times, ability to problem solve and present ideas and solutions to better the department
Physical Requirements
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift 15 pounds at times.
Vacancy posted 2 days ago
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