TerrAscend is seeking an experienced and dynamic Manager, Accounts Payable to lead our shared services Accounts Payable team. You will partner closely with the Senior Director, Accounting Operations and play a key role in defining, delivering, and continuously improving Accounts Payable shared services across the Company.
The ideal candidate will bring strong critical thinking, analytical, operations management, problem-solving, and communication skills, with the ability to effectively engage both technical and non-technical stakeholders at all levels. This individual should be self-directed, service-oriented, and committed to embodying TerrAscend’s values, while providing a high level of support to internal and external customers.
Responsibilities
- Oversee day-to-day AP operations by reviewing, posting, preparing weekly disbursement, and aging reports, and effectively execute related controls.
- Systemically intake, escalate, and triage vendor payments (payables and billings) contracts and issues and follow through to resolution, including executive-level communication.
- Provide clear AP and disbursement guidance, instruction, and direction to AP team members to achieve a key result or group of aligned results in a high-volume setting by striving to exceed vendor, internal and external customer expectations.
- Ensure that work is being completed in an accurate and timely fashion within a high volume environment.
- Hire, train, and develop the AP team members while managing performance through guidance, instruction and direction. Oversee scheduling and timekeeping.
- Prepare documentation and provide semi-annual and annual performance feedback to Accounts Payable team.
- Work in collaboration with leadership and the team on researching issues to identify and resolve process challenges and defects.
- Collaborate with the ERP team to develop, design and implement new processes creating efficiencies as needed.
- Respond to external vendors and internal managers regarding all aspects of accounts payable process, including coding invoices properly, processing invoices for payment, and responding timely to all inquiries.
- Manage and oversee all payment processes for accounts payable, as well as T&E, through the Concur platform. Works closely with Treasury to meet budget cash flow projections.
- Adhere to company processes, controls, and policies in a SOX compliant environment.
- Complete assigned vendor account reconciliations, prepare assigned GL account reconciliations.
- Participate in the Month-End Close process and assign team responsibilities to meet deadlines.
- Document policies, procedures, and workflow for assigned areas of responsibility to ensure compliance with internal controls, accounting standards and regulatory requirements.
- Participate in quarterly audits with external auditors ensuring documentation is supported and deadlines are met.
- Responsible for managing internal accounts payable deficiencies and creating resolutions and meeting deadlines.
- Maintain a high degree of confidentiality.
- Other duties