Methode Electronics
Overview
Position Summary:
Methode Electronics is seeking an Accounts Payable Manager to lead and oversee the accounts payable operations of its US Shared Service Center. This role will report to the Senior Manager, US Shared Service Center and will be responsible for managing vendor invoice processing, payment execution, vendor master data management, and resolution of discrepancies. The AP Manager will lead a team of AP specialists to deliver accurate, timely, and reliable results that support the company’s financial reporting, working capital, and operational needs. This role will also interact and work closely with the Company’s accounting team in Mexico. This is an ideal opportunity for someone who desires to be part of an accounting team at a company undergoing meaningful transformation and growth located in Southfield, Michigan. Position Responsibilities
Provides guidance in the daily operation of the accounts payable team ensuring employees are provided with the knowledge and skills necessary to perform their job responsibilities. Plans work schedules, assigns duties, and evaluates work for accuracy, neatness, and conformance to policies. Performs monthly close processes ensuring customer billing and cash applications are prepared for closing each month. Works with appropriate parties to ensure any errors or issues identified are resolved to close the period timely. Maintains the close schedule, scheduling of subsystem feeds and making materiality decisions on close entries. Prepares monthly report balancing the sub-ledgers to GL, identifies any variances, and work with appropriate parties to resolve. Provides management reporting and audit support specific to accounts payable. Performs testing in financial systems. Ensures compliance, approval verification, and quality control review processes are followed. Drives DPO improvement across the organization; improves the existing processes; achieves target DPO; and establishes reasonable payment terms. Analyzes invoices and expense reports for accuracy and eligibility for payment while ensuring proper approvals have been obtained. Ensures timely payments of vendor invoices and employee expense vouchers and maintains accurate financial records and control reports. Prepares accounts payable registers and related reports in a timely manner. Reviews GRIR reports and proactively resolves unmatched and aging items. Plans short and long-term strategies to achieve goals and objectives of the department; reviews existing policies, processes and procedures and identifies deficiencies and recommends improvements. Prepares SOX compliance control documents. Manages and develops a team of accounting professionals by monitoring performance, setting goals, providing ongoing training, and maintaining strong employee relationships. Ensures consistent standards and operational excellence in the US and accounts payable accounting operations. Fosters a collaborative team environment and ensures strong communication across the accounting team and other departments. Participates in special projects and initiatives. Performs other duties as assigned. Qualifications
Bachelor’s degree required, preferably in accounting or finance. 5+ years of hands-on experience in accounts payable, including invoice processing and payment execution, with 2+ years of supervisory experience. Experience in manufacturing is preferred. Strong customer service orientation and ability to build partnerships with business leaders and stakeholders. Strong analytical skills to evaluate accounts payable trends and balance analysis. Accounting skills to interface with the accounting team and manage risk. Proficient Microsoft Excel and experience with financial systems; CMS and OneStream experience preferred. Experience with automation and workflow tools is a plus. Excellent organizational, analytical, and communication skills. Ability to work under pressure, manage multiple priorities, and deliver results in a fast-paced environment. Compensation and Benefits:
The base pay range is reflected in the job posting and is likely to vary based on factors including location, experience, and skillset. This position is eligible to participate in an incentive plan. Reasonable accommodations may be made for disabilities during the employment process. Work Environment and Equal Opportunity
Methode Electronics is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or genetic information, per the EEO policies. If you need a reasonable accommodation for any part of the employment process, please contact recruiting@methode.com or call (708) 867-6777.
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Position Summary:
Methode Electronics is seeking an Accounts Payable Manager to lead and oversee the accounts payable operations of its US Shared Service Center. This role will report to the Senior Manager, US Shared Service Center and will be responsible for managing vendor invoice processing, payment execution, vendor master data management, and resolution of discrepancies. The AP Manager will lead a team of AP specialists to deliver accurate, timely, and reliable results that support the company’s financial reporting, working capital, and operational needs. This role will also interact and work closely with the Company’s accounting team in Mexico. This is an ideal opportunity for someone who desires to be part of an accounting team at a company undergoing meaningful transformation and growth located in Southfield, Michigan. Position Responsibilities
Provides guidance in the daily operation of the accounts payable team ensuring employees are provided with the knowledge and skills necessary to perform their job responsibilities. Plans work schedules, assigns duties, and evaluates work for accuracy, neatness, and conformance to policies. Performs monthly close processes ensuring customer billing and cash applications are prepared for closing each month. Works with appropriate parties to ensure any errors or issues identified are resolved to close the period timely. Maintains the close schedule, scheduling of subsystem feeds and making materiality decisions on close entries. Prepares monthly report balancing the sub-ledgers to GL, identifies any variances, and work with appropriate parties to resolve. Provides management reporting and audit support specific to accounts payable. Performs testing in financial systems. Ensures compliance, approval verification, and quality control review processes are followed. Drives DPO improvement across the organization; improves the existing processes; achieves target DPO; and establishes reasonable payment terms. Analyzes invoices and expense reports for accuracy and eligibility for payment while ensuring proper approvals have been obtained. Ensures timely payments of vendor invoices and employee expense vouchers and maintains accurate financial records and control reports. Prepares accounts payable registers and related reports in a timely manner. Reviews GRIR reports and proactively resolves unmatched and aging items. Plans short and long-term strategies to achieve goals and objectives of the department; reviews existing policies, processes and procedures and identifies deficiencies and recommends improvements. Prepares SOX compliance control documents. Manages and develops a team of accounting professionals by monitoring performance, setting goals, providing ongoing training, and maintaining strong employee relationships. Ensures consistent standards and operational excellence in the US and accounts payable accounting operations. Fosters a collaborative team environment and ensures strong communication across the accounting team and other departments. Participates in special projects and initiatives. Performs other duties as assigned. Qualifications
Bachelor’s degree required, preferably in accounting or finance. 5+ years of hands-on experience in accounts payable, including invoice processing and payment execution, with 2+ years of supervisory experience. Experience in manufacturing is preferred. Strong customer service orientation and ability to build partnerships with business leaders and stakeholders. Strong analytical skills to evaluate accounts payable trends and balance analysis. Accounting skills to interface with the accounting team and manage risk. Proficient Microsoft Excel and experience with financial systems; CMS and OneStream experience preferred. Experience with automation and workflow tools is a plus. Excellent organizational, analytical, and communication skills. Ability to work under pressure, manage multiple priorities, and deliver results in a fast-paced environment. Compensation and Benefits:
The base pay range is reflected in the job posting and is likely to vary based on factors including location, experience, and skillset. This position is eligible to participate in an incentive plan. Reasonable accommodations may be made for disabilities during the employment process. Work Environment and Equal Opportunity
Methode Electronics is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or genetic information, per the EEO policies. If you need a reasonable accommodation for any part of the employment process, please contact recruiting@methode.com or call (708) 867-6777.
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