Job Details
Description
Company
A worldwide leader in endurance sports, Spartan is a high-growth, international organization that owns and operates mass-participation athletic events under the brands Spartan®, Tough Mudder®, Spartan Trail®, Hurricane Heat, and DEKA, and offers numerous related fitness, health and nutrition services and products.
We create transformational experiences, products, and content to help people, companies and teams tear down boundaries and expand what they believe to be possible.
Together with its many subsidiaries and licensees, Spartan combines large scale global events with a vibrant digital content and community platform.
With 250 events across more than 40 countries on six continents, Spartan is the worlds leading extreme wellness and endurance brand.
The AP Manager will have strong initiative, high attention to detail, experience developing cash flow and liquidity models, and the ability to work proactively in a team environment and on multiple assignments simultaneously.
The AP Manager will maintain accurate financial records, reconcile accounts payable transactions, and will be responsible for managing a team of accounts payable specialists.
This role will be responsible for leading an efficient, unified, and success-driven team, and will also oversee change management as this shared-services functional team is scaling.
- Global short term and long term cash forecasting, variance analysis, risk and reconciliation, and strategic planning and budgeting.
- Manage the day-to-day operations of the accounts payable department.
- Manage all bank accounts and maintain relations with banks. Research and monitor bank accounts globally to improve funds-flow / cash flow, reduce bank fees, and build operational efficiencies.
- Assume responsibility for cash management procedures; proactively interact with organizational stakeholders to determine priorities and compile information from around the company to create a routine cash forecasting process.
- Develop daily / weekly / monthly / quarterly cash plans through analysis of budgetary needs and financial reports; ensure cash availability.
- Develop strategies to optimize the cash position of the company.
- Supervise a team of AP specialists, providing guidance, training, and performance feedback.
- Providing leadership and guidance as we implement a new ERP system.
- Review and approve invoices and payment requests for accuracy, completeness, and compliance with company policies.
- Ensure timely and accurate processing of vendor invoices, expense reports, and employee reimbursements.
- Maintain accurate records of accounts payable, transactions and activities.
- Conduct regular account reconciliations to ensure accuracy and resolve any discrepancies.
- Prepare and analyze financial reports, including aging reports, spending analytics, cash flow projections, and other key metrics.
- Develop and maintain strong relationships with vendors and customers, addressing any inquiries, disputes, or payment issues.
- Identify and drive opportunities for automation of global cash flow forecasting processes. Collaborate with finance and technology teams to design and implement improvements to ERP and treasury systems.
- Conduct ad hoc financial analyses and studies as necessitated and collaborate on functional projects that require financial expertise.
- Assess and identify risks in liquidity management to support operational planning including foreign currency exposures and execution of hedging policy.
- Ensure compliance with internal controls, policies and procedures.
- Participate in various special projects and initiatives as assigned.
Qualifications
- Work experience as an AP Manager or a similar role in a complex business organization with 5+ years of experience.
- Proven work experience of financial forecasting and information analysis.
- Bachelor’s degree required.
- Proficiency in Microsoft Office; especially MS Excel, and working knowledge of financial systems (NetSuite preferred), statement and reports.
- Experience with process automation and implementing accounting software solutions with NetSuite is a plus.
- Strong analytical skills and attention to detail.
- Outstanding presentation, reporting and communication skills.
- Self-starter mentality.
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