Enable America Jobs

Career Area:

Finance

Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

Job Summary: The Manager of Accounts Payable is responsible for supervising the full cycle of accounts payable activities.

What You Will Do:

• Supervisory Skills : Supervising the full cycle of accounts payable activities, reconciliations, payment processes, invoice grief resolution, year-end procedures, and travel and expense reimbursement. Preparing daily and monthly accounts payable reports and statistical measures for management is also part of the role

• Invoice Processing Delays : Manage and control the invoice processing delays, this occurs when invoices are not processed promptly due to manual data entry, missing information, or discrepancies that require resolution.

• Payment Errors : Manage errors in payment processing, such as duplicate payments or incorrect amounts, can cause delays and require additional time to resolve

• Approval Delays : Manage delays in obtaining necessary approvals from various departments or managers can slow down the payment process

• System Inefficiencies : Outdated or inefficient accounting systems can slow down the processing of invoices and payments

• Compliance and Policy Adherence : Ensuring that all documents related to payments comply with internal policies and external regulations can be time-consuming and may cause delays if not managed effectively

• Process Management: Employing process flows, cycle time, process time, and waste concepts as appropriate. Create process flow or workflow diagrams, document types of process decisions, and identify common process bottlenecks is essential.

• Accuracy and Attention to Detail: Completing tasks with high levels of precision. Utilizing specific approaches and tools for checking and cross-checking outputs, and processing detailed information accurately is important.

• Financial Controls and Policies: Interpreting and explaining the organization's internal financial controls, policies, procedures, and tax regulations is a key responsibility. This includes revising, developing, and implementing accounts payable policies and procedures.

• Communication and Collaboration : Effective communication with internal staff and external to clarify differences and resolve issues. This includes preparing and presenting reports and statistical measures for management

• Addressing: Often involves implementing process improvements, leveraging technology for automation, and enhancing communication and collaboration within the organization

What You Have:

• Educational Background : A degree in accounting, finance, or a related field is typically required.

• Experienced in supervising the full cycle of accounts payable activities, including reconciliations, payment processes, invoice grief resolution, year-end procedures, and travel and expense reimbursement. Preparing daily and monthly accounts payable reports and statistical measures for management.

• Strong English skills are essential . This includes proficiency in both written and verbal communication

• Technical Proficiency : Familiarity with accounting software and systems, such as SAP, and proficiency in Microsoft Office and Power Platforms suite, particularly Excel and Power BI.

• Problem-solving skills : Ability to manage and control invoice processing delays, payment errors, approval delays, and system inefficiencies, and ensure compliance with internal policies and external regulations.

Posting Dates:

December 26, 2024 - January 7, 2025

Caterpillar is an Equal Opportunity Employer (EEO).

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