Accounts Payable Manager

Buffalo, NY, USA Req #1258
Tuesday, November 22, 2022
ACV’s mission is to build and enable the most trusted and efficient digital marketplaces for buying and selling used vehicles with transparency and comprehensive data that was previously unimaginable. We are powered by a combination of the world’s best people and the industry’s best technology.  At ACV, we are driven by an entrepreneurial spirit and rewarded with a work environment that enables each teammate to impact the company from day one. ACV’s network of brands includes ACV Auctions, ACV Transportation, MAX Digital and ACV Capital within its Marketplace Products as well as True360 and Data Services.

Who we are looking for

As a Payments Manager you will be responsible for the management of the day-to-day AP function, the full AP cycle workflow, and for the management of all ACH payment processing. The AP manager serves as an escalation point to resolve issues and is tasked with improving the workflow of the team in order to prevent backlogs and delays in processing. This role will be responsible for managing the operational functions and activities relating to Accounts Payable and ACH transactions; ensuring workflow requirements are performed in a timely and accurate manner; maintaining cost effective and efficient processes;training and mentoring the AP team members; and delivering superior internal and external customer service in pursuit of organizational goals.

What you will do

  • Grow and mature book of work that spans ACV’s dealer to dealer marketplace as well as ACV’s Transportation subsidiary, and subsequent product offerings.

  • Coach, train, and develop team of associates

  • Engage across Payments leadership team, contribute to manager/department meetings, and support a growth-oriented learning environment.

  • Ensure timely and accurate processing of all ACH transactions (both AR and AP transactions) in alignment with compliance requirements.

  • Maintain SLA complaint workflow for processing of transportation carrier payments. Support various efforts to continuously improve the space.

  • Ensure all Transportation vendor inquiries are reviewed/addressed in a timely manner.

  • Build and manage a reporting/analytics portfolio spanning cash flow, operational SLAs, team/individual KPIs, and process exceptions.

  • Run various analytic exercises to identify areas of opportunity and/or enhancements across the book of work.

  • Project manage and support initiatives that drive operational efficiency, process efficacy, audit compliance, and team performance.

  • Drive clarity through development of internal payment policies.

  • Forecast various key metrics needs including, but not limited to, weekly cash targets.

  • Provide accounting assistance to management and employees related to vendor expenses including payment research, expense analysis, and procedures.

  • Organize month-end closing tasks, including assistance with month end AP accruals.

  • Primary contact for internal stakeholders and customer escalations regarding AP

  • Implement internal controls for the purpose of maintaining accurate and audit compliant processes.

  • Assist with internal and external audits as needed.

  • Perform projects and tasks as assigned by department management.

What you will need

  • Ambitious and action oriented mindset with a passion for cultivating talent.

  • 5+ years of progressive experience across finance, payments, or accounting functions. 3+ years of management experience.

  • Bachelor's Degree required preferably in a Finance related or quantitative field.

  • Strong knowledge and understanding of standard accounts payable procedures as well as financial operations including monthly/quarterly close cycles.

  • Knowledge of ACH rules and regulations (NACHA) a plus

  • Excellent verbal and written communication skills. Ability to communicate with all levels of Management.

  • Excellent ability to interact professionally and effectively with internal and external customers in person and over the phone.

  • Strong project management skills to maintain consistent momentum across multiple projects

  • Effective at building relationships, collaborating, and influencing others; experience working with senior executives across various functions.

  • Thrive in a data-driven business, with demonstrated ability to leverage analytics resources to produce, monitor and refine KPIs to drive business outcomes.

  • Ability to translate vision and strategy into clear priorities and direction.

  • Self-starter who enjoys working in a fast-paced, collaborative, and innovative high-growth environment.

  • Experience with Netsuite, proficient in accounting software

  • Strong Excel skills. Tableau and/or SQL is a plus.

  • Experience in the Technology/SaaS industry is a plus.

What we will offer:

  • Comprehensive benefits offerings for benefits eligible Teammates.

  • Unique culture that truly values each and every Teammate.

  • Career development and future growth opportunities.

At ACV, we are committed to an inclusive culture in which every individual is welcomed and empowered to celebrate their true selves. We achieve this by fostering a work environment of acceptance and understanding that is free from discrimination. ACV is committed to being an equal opportunity employer regardless of sex, race, creed, color, religion, marital status, national origin, age, pregnancy, sexual orientation, gender, gender identity, gender expression, genetic information, disability, military status, status as a veteran, or any other protected characteristic We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. If you have a disability or special need that requires reasonable accommodation, please let us know.

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Other details

  • Job Family Finance & Accounting
  • Job Function Accounting
  • Pay Type Salary
  • Job Start Date Tuesday, November 22, 2022
Location on Google Maps
  • Buffalo, NY, USA