Manager, Accounts Payable Job at Canfor (Vancouver)

Job Description

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. This role can be based out of either our Vancouver Head Office or Canfor Administration Centre in Prince George, BC.

Job Responsibility

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 - Business Intelligence and IT to integrate systems and increase automation
Support and oversee the Accounts Payable portion of the EAM / Hexagon project in both US and Canadian implementation
Oversee the Digital Payments campaign and vendor conversion to direct deposit payments
Oversee the alignment of AP processes across Canadian and US AP

Requirements

Post secondary education in Accounting, Finance, Business Administration, or a related equivalent field. A professional certification (e.g., CPA, CMA) is an asset
8-10 years of experience in accounts payable, with 3-5 years in a people-management role
Proven experience managing accounts payable functions in a large, multi-national corporation with high payment volumes
Knowledge of accounting practices, especially as it relates to Accounts Payable
Proficiency in financial software and ERP systems (e.g., JDE, Oracle)
Experience with Coupa or EAM/Hexagon is preferred
Proficient in MS Excel, and other MS Office applications
experience with MS Power Platforms applications is an asset
Excellent leadership and team management skills
Experience with building relationships across diverse stakeholder groups
Strong communication and interpersonal skills
Outstanding analytical and problem-solving abilities
Ability to work effectively in a fast-paced, dynamic environment
Growth mindset / embracing of change

Nice to have

A professional certification (e.g., CPA, CMA) is an asset
Experience with Coupa or EAM/Hexagon is preferred
Experience with MS Power Platforms applications is an asset

What we offer

Performance-based incentive plans
Recognition programs
Paid leaves
Pension plans with base and matching contributions
Savings options
Robust health & well-being initiatives
Investment in development of our talent

Canfor - All Job Offers

Select Country

Manager, Accounts Payable

Job Description

Job Responsibility

Requirements

Nice to have

What we offer

Looking for more opportunities?