Accounts Payable Manager
Yellowjacket Oilfield ServicesAbout the role
Description
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
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