Job Details

Accounts Payable Section Manager

Position Number: 6248916
Location: Lubbock, TX
Position Type: Business - Accounting

Accounts Payable Section Manager
Lubbock
41187BR
Procurement Services

Position Description
Manages a section in a department that has institutional oversight. Plans, organizes and develops goals and procedures for the section. Represents the section to administrators, outside agencies and others on relevant matters. Supervises subordinate staff.

Major/Essential Functions
1. Team Leadership and Development

Provide leadership, mentorship, and performance management for the Accounts Payable and Vendor Services teams.
Develop and implement training programs to enhance internal staff and customer knowledge of Accounts Payable and Vendor Services processes, compliance, and customer service.
Establish and monitor team performance metrics to ensure timely and accurate payment processing and vendor management.

2. Vendor Relationship Management

Build and maintain positive relationships with vendors, promptly addressing inquiries and resolving disputes.
Oversee vendor onboarding processes, ensuring accurate and compliant documentation while mitigating the potential risk of fraud.
Partner with vendors to explore cost savings, revenue generation, and process improvement opportunities.

3. Compliance and Audit

Ensure compliance with all university policies, state and federal regulations, and Generally Accepted Accounting Principles (GAAP).
Lead preparation for internal and external audits, ensuring timely and accurate responses to audit inquiries.
Maintain thorough documentation of Accounts Payable and Vendor Services processes to support compliance and audit requirements.

4. Innovation and Process Improvement

Identify and implement innovative practices and technologies to enhance the efficiency and effectiveness of the teams.
Collaborate with key stakeholders to streamline workflows, improve automation, and optimize reporting tools.
Monitor industry trends and benchmark against peer institutions to adopt best practices.

5. Financial Oversight

Review and approve large or complex disbursements, ensuring proper documentation and authorization.
Monitor and analyze data to identify trends, anomalies, and opportunities for improvement.
Prepare periodic reports for senior leadership, providing insights and recommendations.

Required Qualifications
Bachelor's degree required plus four years supervisory experience.

Preferred Qualifications

Certified Public Accountant (CPA) designation.
Seven (7) or more years of experience in accounts payable management, preferably within higher education or public sector environments.
Experience with enterprise resource planning (ERP) systems such as Banner or Workday.
Demonstrated success in process improvement and implementing innovative solutions.

Special Instructions to Applicant

Minimum Hire Rate
4186.00

To apply, visit workattexastech.com

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information or status as a protected veteran.