Accounts Payable Manager

3 weeks ago


Laval, Canada Glencore Full time

**Job highlights**
- Division Cuivre
- Laval, Quebec, Canada

**Job ID**
- NC-077**Closing date**
- Never**Last Updated**
- 17/06/2024***

**Location**:Laval, Quebec
- **Job type**:Permanent full-time position
- **Accounts Payable Manager (Superintendent), Transactional Services (TS)**

**About Glencore**:
Glencore is one of the world’s largest diversified natural resources companies. It is also a major producer and marketer of more than 60 commodities. Our operations include approximately 150 mining and metallurgical sites and agricultural oil facilities supported by a global network. Our mission is to provide the commodities that make everyday life better, in a socially responsible way. Our people are fundamental to our success. We employ some 135,000 people and offer them the opportunity to develop and grow their skills and careers.
- Glencore’s Copper division for North America and the Philippines is one of the world’s leading producers of refined copper and critical metals. Our operations include 6 industrial sites including smelters, refineries, and recycling facilities. Our objective is to provide, in a responsible manner, the metals that make everyday life better. Our 2,600 employees are the driving force of our activities, and we strive to surround ourselves with dedicated individuals who are proactive and take on responsibility and aim to become leaders in their field.
- Join us and let’s grow together.
- **About the role**:
Under the supervision of the Regional Head of Transactional Services, you will lead the Accounts Payable (AP) team, including a supervisor, overseeing invoice and payment processing, vendor management, account reconciliation, compliance and reporting, query handling, expense report processing, and credit card program administration.
- Your role will involve implementing AP management best practices to enhance the efficiency and accuracy of the processes, monitoring performance using key performance indicators (KPIs). You will play a critical role at preparing for and in deploying Coupa, ensuring its successful integration and utilization.
- **Invoice and Payment Processing**
- Oversee all (order and non-order) invoice processing activities ensuring timely and accurate receiving, reviewing, and processing of invoices from suppliers of goods or services.
- Improve automated and non-automated processing efficiency.
- Implement a clear and consistent workflow for handling exceptions and discrepancies.
- Supervise root cause analysis of processing errors and implement swift resolution.
- Initiate short-term (weekly) processing plans and monitor activities to ensure accounts payable and related activities are correctly and timely processed. Ensure cash flow optimization by adhering strictly to contractual payment terms and other arrangements, paying early where discounts
- Ensure that stop-shipment risks are minimized (reduced to zero) by paying suppliers on time.
- Ensure timely vendor statements account reconciliation with accounts payable records to ensure accuracy and resolve any discrepancies.
- Initiate resolution or respond to customer/stakeholder inquiries, employing data analysis for problem-solving and recommending suitable actions.

**Key Performance Indicators and Reporting**
- Ensure the timely preparation and presentation of Procure-to-Pay (P2P) monthly Steering Committee reports to support informed decision-making.
- Continuously track Key Performance Indicators (KPIs) relevant to the function.
- Develop a strategy to improve Invoice processing rate, reduce 30-days and older invoices backlog, reduce average days to resolve mismatches, and GRNI.
- Create a comprehensive weekly KPI Dashboard with clear targets and action plan to boost team productivity.
- Identify bottlenecks and implement process improvements for enhanced efficiency.

**Policies, Processes and Procedures**
- Ensure compliance with P2P processes, financial objectives, delegations of authority, and transaction approvals.
- Ensure adherence to relevant policies, codes of conduct, and accounting, ethics, and compliance procedures through oversight management.
- Assess and improve accounts payable processes, identifying opportunities for streamlining based on systems knowledge and stakeholder feedback.
- Lead or contribute to process improvement initiatives, optimizing efficiency and compliance in high-volume transactional environments.
- Standardize P2P processes in collaboration with Supply Chain and other stakeholders, prioritizing operational needs and compliance.

**Compliance & Controls**
- Ensure compliance with Company established policies and regulations.
- Mitigate risks by implementing and maintaining controls aligned with company policies and directives, embedding adequate checks and balances into routine processes.
- Provide training to the team on compliance and risk related topics.
- Respond to audit requests by providing necessary information and documentation.

**Expense Management



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