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 world's leading extreme wellness and endurance brand.
About the Opportunity :
The AP Manager must possess in-depth Accounting / Finance knowledge, as well as strong interpersonal skills. The AP Manager possesses excellent problem-solving skills and establishes processes and methodologies to manage cash flow efficiently.
Attention to detail is important and the ability to multi-task is essential. The AP Manager works well proactively and collaboratively to achieve company objectives.
Essential Duties / Responsibilities :
Manage incoming and outgoing cash effectively on a daily basis.
Manage all bank accounts.
Communicate with vendors regarding invoices and payments.
Track communication with vendors.
Proactively interact with organizational stakeholders to determine priorities.
Develop strategies to optimize the cash position of the company.
Manage cash functions, including cash positioning, cash reporting and forecasting, wire payments, fraud prevention, bank account setup, and maintenance.
Research and monitor bank accounts globally to improve funds-flow / cash flow, reduce bank fees, and build operational efficiencies.
Develop daily cash plan cash position through analysis of budgetary needs and financial reports; ensure cash availability.
Analyze the cash flow mechanism of the company and prepare monthly variance reports.
Manage intercompany cash, including intercompany lending, dividends, and capital injections.
Quarterly & monthly credit compliance, forecasting of financial covenants, letters of credit, and interest exposure.
Follow standard procedures to improve efficiency in cash collections, funds transfers, cash disbursements, month-end account closing activities, and inter-departmental reporting.
Create new systems to optimize cash inflow from different business activities and reduce the risk of credit losses.
Update accounting database for daily financial transactions.
Participate in currency, commodity, and interest rate risk management.
Liaise with financial institutions to address any account issues and queries.
Maintain security and confidentiality of financial records.
Develop professional knowledge on cash management processes and techniques.
Qualifications
Qualifications :
Ability to communicate effectively, both orally and in writing.
Strong negotiation skills.
Solid understanding of GAAP accounting.
Skill in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures.
Ability to verify data input and correct errors.
Strong interpersonal and communication skills and the ability to work effectively with a wide range of constituencies in a diverse community.
Thorough working knowledge of the principles and practices of accounting.
Bachelor degree from a four year college or university and combination of work experience and undergraduate education.
Minimum five years in accounting / finance.
Spartan Race is an equal-opportunity employer. We value diversity and celebrate the uniqueness of every individual on our team.
All employment decisions are based on merit, qualifications, and business needs. Spartan Race is committed to providing equal employment opportunities (EEO) to all individuals, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, veteran status, or any other characteristic protected by applicable laws.
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