Accounts Payable Manager

Accounts Payable Manager

Yellowjacket Oilfield Services LLC

Houston Tx 77007

Job Type

Full-time

Qualifications

• Bachelor’s (Required)
• Accounts Payable: 5 years (Required)

Full Job Description

Job Summary:

The Accounts Payable Manager will direct the processing of invoices and payments, manage expense accounts and implement process improvements.

Duties/Responsibilities:

• Manage day to day activities in the Accounts Payable department
• Produce weekly cash forecast for submission to the CFO. Prepare weekly vendor payment report. Analyze entries for reasonableness and accuracy
• Monitor cash balances daily and manage or perform daily cash management activities including transfers, wires and cash reporting
• Analyze vendor invoices for accuracy and available payment options that maximize the company’s cash position
• Develop guidelines for proper handling and coding of invoices to maintain general ledger expense account and inventory records
• Manage expense reporting, Pcard program and bonus payout process to assure expenditures are in alignment with company policy
• Perform bi-weekly analysis of open purchase orders in collaboration with project managers and vendors to resolve discrepancies
• Ensure proper recordkeeping of purchases for use in tax preparation and periodic audits
• Manage employer identification numbers or social security numbers collection from all vendors for the payables team to prepare and submit 1099s and secure W-9 and insurance certificates from subcontractors before releasing payment.
• Facilitate strong work relationships with procurement team and vendors to achieve improved cash generation through negotiations and vendor rationalization.
• Hire, train, mentor and supervise Accounts Payable team members.
• Other duties as assigned.

Requirements

Required Skills/Abilities:

Strong interpersonal and communications skills

Proficient in accounting software and Microsoft Office Suite

Thorough understanding of accounts payable functions

Excellent managerial and analytical skills

Adept planning and organizational skills to balance and prioritize work

Ability to guide, develop and motivate staff

Education and Experience:

Bachelor’s degree in Accounting or Business Administration

5+ years experience in Accounts Payable function

2+ years as a Supervisor or Manager

Must have substantial ERP AP system experience, as well as 1099 filing experience

Oil and Gas experience preferred

Job Type: Full-time

Benefits:

Dental insurance

Health insurance

Paid time off

Vision insurance

Physical Setting: Office

Schedule:Monday to Friday

Ability to commute/relocate: Kilgore, Tx 75662: Reliably commute or planning to relocate before starting work (Required)

Education: Bachelor’s (Required)

Work Location: One location

Work Remotely:No