Accounts Payable Manager

Iovate is a dynamic, leading-edge nutrition company that delivers some of the highest quality, most innovative and effective active nutrition and weight management products in the world.  Each of our Brands are committed to biology, science, and their own culture to assist customers in reaching their goals.

Iovate – Commited to a higher standard

Accountabilities:

  • Manage and develop a team of four direct reports; coaching, training and developing the team is a key function of the role
  • Manage full cycle A/P in a fast paced, high-volume environment
  • Lead optimization projects in the area of A/P, including improvements to our automated AP processing tool, as well as leading the launch of a new T&E tool and process and playing a key support role in the automation of our cash forecasting process
  • Organize and oversee workflow of A/P team to ensure efficiency of processing
  • Monitor and maintain controls over the A/P process and policies to ensure adherence by the team and the business
  • Support the design and implementation of standardized best practice processes to ensure efficiency of processing
  • Establish, monitor and manage key performance indicators for the A/P function
  • Manage the month-end close process for A/P, including preparation/review of month-end reconciliations for A/P and accrual accounts & routine vendor statement reconciliations as completed by the team
  • Maintain excellent working relationships with external vendors to ensure timely identification and resolution of issues
  • Develop strong working relationships with key partners across the business (ex: Procurement and Marketing teams) to ensure timely resolution of issues
  • Coordinate with Treasury on the weekly cash forecast process as part of the working capital and cash management processes
  • Work cohesively with all levels and departments within the company; develop an inclusive and value-added environment for the team and the business within A/P
  • Manage employee credit card program and T&E processing
  • Lead or participate various projects to improve the overall processing efficiency in A/P
  • Work cohesively with all levels and departments within the company
  • Facilitate A/P related inquiries for financial statement audits
  • Perform ad hoc assignments and projects

Experience & Skillset:

  • Post-Secondary Education in Business/Accounting
  • Achieved or enrolled in a recognized AP Certification program would be considered an asset
  • 5 years’ experience in a leadership role in full cycle A/P preferable within a CPG environment
  • Experience with large ERP application; preferable D365 and Bottomline
  • Working knowledge of sales tax application and issues
  • Strong interpersonal skills for interacting with external vendors and internal personnel
  • Basic knowledge of IFRS FS and month-end closing procedures
  • Good knowledge of and proven experience in Microsoft Office (Excel, Word, Outlook & Powerpoint)
  • Participated in the planning and implementation of purchase orders processes and controls
  • Participated or led the implementation of automated employee expense reimbursement
  • Professional and able to handle confidential material
  • Strong analytical, problem-solving skills, attention to detail

What We Offer:

  • World class gym, fitness classes and external basketball court
  • Community involvement through charitable events
  • Competitive compensation package
  • 100% Group Health & Dental Coverage
  • Employee Assistance Program
  • Company RRSP Matching
  • Paid vacation & 5 personal days
  • Employee Engagement Events
  • Subsidized Café
  • Product & Swag from our industry leading brands
  • Professional career development
  • Opportunities for Global career exposure without the need to relocate!