Accounts Payable Manager

About Us:

Panelmatic, Inc. was founded in 1957 in Youngstown, OH to serve manufacturing industries with the design and build of custom electrical, instrument, and pneumatic control panels. Our business has sufficiently grown over the years to support expansion for our clients. We have produced control packages for many of America's top corporations in the chemical, environmental, food, pulp and paper, rubber, petroleum, pharmaceutical, glass, metals, and utilities industries. We also deliver equipment for use worldwide. Our rigorous methodology assures compliance with domestic and international standards. We can meet the needs of our diverse clientele from start to finish through sales, design, fabrication, testing, and delivery.

Since 1957, we have been known for our high-quality, custom-built control packages, our comprehensive service, and our technological and manufacturing expertise. This expertise assures you of our ability to handle the largest and most complex packages quickly and efficiently.

In 1989, the majority interest of the company was purchased by an Employee Stock Ownership Plan (ESOP). Our employees are also shareholders with dedication and commitment to the long-term success of the company.

Job Summary:

Panelmatic is seeking a detail-oriented Accounts Payable Manager to provide strong leadership. The Accounts Payable Manager’s responsibilities include maintaining accurate records regarding payments to suppliers, processing payments from clients, and training staff members.

Job Duties:

·        Managing and leading a team of accounts payable professionals ensuring that they are trained and capable of handling their responsibilities effectively

·        Overseeing the accurate and timely processing of invoices ensuring correct coding and no discrepancies

·        Managing the payment process including the scheduling of payments, selecting payment methods, and ensuring timely disbursements to vendors

·        Ensuring compliance with governmental, financial, and tax regulations including 1099’s

·        Monitoring and controlling company expenses by verifying and processing employee expense reports in compliance with company policies

·        Assisting with internal and external audits by providing documentation and explanations related to accounts payable transactions

·        Identifying opportunities for process automation and efficiency improvements within the accounts payable department

·        Participating in the month-end process, reconciling accounts payable ledgers, and preparing reports for financial statements

·        Setting and facilitating the achievement of department objectives

·        Building and maintaining relationships with employees, clients, vendors, and lenders

·        Performs other duties as needed

Requirements

Minimum Qualifications:

·        Bachelor’s degree in accounting, finance, or a related field required

   Or minimum three years as an Accounts Payable manager required

·        Three or more years of accounts payable experience required

·        One or more years of managing deadlines and working with others required

·        Familiarity with GAAP required

·        Excellent communication skills both written and verbal required

·        Ability to pass physical, drug, driving, and background check required

·        Ability to physically push, pull, and lift 26lbs or more required

·        Ability to sit, stand, and walk for four plus hours at a time required

·        Alignment with company core values required

Preferred Qualifications:

·        Infor Visual or other ERP experience preferred

Benefits

Benefits:

• Medical, dental, vision, HSA, term life, AD&D, STD, LTD
• 100% medical premium paid for by Panelmatic for the employee-only level medical coverage
• 80% paid for by Panelmatic and 20% paid for by the employee on all other level medical coverage (ie employee plus child, employee plus spouse, family)
• 401K, profit sharing, and ESOP contributions
• Scholarships, educational reimbursement, paid volunteerism, and paid personal and professional development provided
• PTO and paid holidays provided
• Career advancement opportunities
• Competitive wages
• Family-friendly environment with average employee tenure above five years