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Accounts Payable Supervisor

Vaco

Vaco

Software Engineering, Accounting & Finance, People & HR, Operations
Memphis, TN, USA
Posted on Jan 14, 2025

Accounts Payable Supervisor POST NUMBER: 434343

Memphis, TN, US On-Site
January 13th, 2025
Finance
Vaco
$ 50000.00 - 55000.00 yearly
direct hire
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Job Summary: The Accounts Payable (AP) Supervisor will oversee the accounts payable process by working closely with vendors, buyers, credit, inventory control, and distribution centers to ensure timely and accurate remittance to vendors. The AP Supervisor is responsible for investigating and resolving any discrepancies, ensuring compliance with company policies, and providing guidance to the AP team.

Essential Duties and Responsibilities:

  • Invoice Processing:

  • Key invoices for large volume vendors (non-EDI stock) and match purchase orders, invoices, and receivers.
  • Process and analyze EDI stock invoices and receivers, checking for variances and reviewing edits.
  • Prepare debit memos for overcharges and communicate with vendors via email.
  • Review and release invoice payment edits.
  • Handle miscellaneous standalone and non-purchase order invoices.
  • Vendor Management:

  • Maintain accurate vendor files and assist with vendor communication regarding past due invoices, statements, and debits.
  • Review vendor statements and reconcile discrepancies.
  • Monitor and resolve drop-ship errors, backhaul edits, and factory return lists in a timely manner.
  • Reports & Analysis:

  • Review and clear outstanding receipts and outstanding checks reports with vendors.
  • Analyze variances relating to price, quantity, and freight for all stock invoices.
  • Review monthly credit balance and duplicate reports for accuracy.
  • Team Leadership & Support:

  • Assist in mentoring and training new team members.
  • Collaborate with other departments to resolve payment issues and improve processes.
  • Handle wire payments for international vendors.
  • Other Duties:

  • Perform any other duties as required or assigned to ensure the smooth operation of the AP department.

    Knowledge, Skills, and Abilities:

    • Strong accounting and analytical skills with the ability to resolve discrepancies and variances.
    • Proficient in Microsoft Office applications, particularly Excel.
    • Experience working in a mainframe environment.
    • Good communication skills for effective vendor interaction and team collaboration.
    • Ability to handle multiple tasks and meet deadlines in a fast-paced environment.

    Minimum Job Qualifications:

    • High school diploma or equivalent.
    • 3-5 years of accounts payable experience, with at least 1 year in a supervisory role preferred.
  • Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

    EEO Notice

    Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

    Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

    Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

    By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

    Privacy Notice

    Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.

    • California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
    • Virginia residents may access our state specific policies here.
    • Residents of all other states may access our policies here.
    • Canadian residents may access our policies in English here and in French here.
    • Residents of countries governed by GDPR may access our policies here.

    Pay Transparency Notice

    Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

    • the individual’s skill sets, experience and training;
    • licensure and certification requirements;
    • office location and other geographic considerations;
    • other business and organizational needs.

    With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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