Shared Service Associate Manager - Sonoco

From a small family business to a multi-billion-dollar global company, Sonoco has been changing the face of products and packaging since 1899 — all while keeping the heart of “People Build Businesses” alive. Our talented people are at the core of our growth, constantly reinventing the Sonoco wheel with brilliant solutions every year. Today we are a world leader in global packaging solutions with diversified operations in over 34 countries. We're extremely proud of our portfolio of brands, our achievements in sustainability and industrialization and the groundbreaking work accomplished by our people. Manager of Accounts Receivable / Accounts Payable: The manager is responsible for the accounts payable and accounts receivable functions to ensure compliance with internal controls and accounting policies. They oversee both processes: (1) from the issuance of the invoice to the customer until the receipt of payment AND (2) from receipt of supplier invoice to the payment being made. This role is responsible for the processes in the USA and Canada but may be asked to work on teams to standardize the processes around the globe. Their teams are responsible for: Reviewing and evaluating the accounts payable and receivable registers to validate charges and ensure timely and accurate payments and receipt of payments. Monitoring account aging reports, identifying delinquent accounts, and referring accounts to collection agencies. Verifying customer credit limits that set by treasury and confirming payment terms. Designing and implementing standard policies and procedures to ensure accurate and compliant financial records. Working to improve the procedures of the accounts payable and receivable functions to create efficiency. The chosen professional should have the following skills: Ability to manage the day-to-day operations of the AR/AP department, ensuring compliance with accounting policies, and maintaining accurate financial records. Review and validate the accounts payable and receivable registers, monitors aging reports, and identifies delinquent accounts for collection actions. Assist in the design standard policies and procedures for efficient financial operations. Should hold a bachelor's degree in finance or accounting is required, along with extensive knowledge of accounting processes and departmental functions. Play a crucial role in the financial health of an organization by ensuring timely collections and payments, conducting credit checks, negotiating with clients in non-payment cases, and preparing forecast reports. Support and train AR/AP Clerks, ensuring that all team members follow accounting principles and stay updated on industry changes. Role requires experience in a supervisory capacity, demonstrating the ability to manage a team, meet departmental goals, and adhere to approved budgets. The position demands excellent analytical skills, proficiency in accounting software, good communication skills and a strong problem-solving attitude. A CPA certification, while not required, can be an added advantage for the role. The position requires a bachelor's degree and will report to the Director of Global Shared Services. The position will have two direct reports – the A/R Lead and the A/P Lead. We are seeking a professional with 5 to 10 years of applicable experience, with a minimum of three years of supervisory experience. Compensation:   The Shared Services Manager position offers a competitive salary, bonus opportunity, and benefits package, as well as the opportunity to work for a global company that is committed to sustainability, safety, and inclusion.  The base salary range of this role is $119,280 to $134,190. This position is also bonus eligible. The company offers a comprehensive training program, numerous learning and development opportunities, and a career path that can lead to advancement. Sonoco Products Company: Headquartered in Hartsville, SC and founded in 1899, Sonoco is a global provider of consumer, industrial, healthcare, and protective packaging. With annualized net sales of approximately $5.2 billion, the Company has 20,000 employees working in more than 300 operations in 34 countries serving some of the world’s best-known brands in some 85 nations. Sonoco is committed to creating sustainable products, services, and programs for our customers, employees, and communities that support our corporate purpose of “Better Packaging. Better Life.” The Company was listed as one of Fortune’s World’s Most Admired Companies 2021 as well as being included in Barron’s 100 Most Sustainable Companies for the third year in a row. For more information, please visit www.sonoco.com. At Sonoco Products Company, we offer a comprehensive total rewards package, including competitive pay and benefits. *Benefits listed below are for employees located in the U.S. Specific benefits and wellbeing programs may vary depending on your location (within the U.S. or global), or if you are a union employee. Benefits Medical, dental, and vision coverage for you and your dependents, including FSA and HSA options 401(k) retirement plan with company match Wellbeing tools and resources to support holistic health, including an Employee Assistance Program with a variety of services Paid time off and holidays to recreate, rejuvenate and care for the health of yourself and family Variety of company paid and voluntary employee-paid insurance plans including life, personal accident, and disability insurance Tuition reimbursement We are an equal opportunity employer, and we strictly prohibit and do not tolerate discrimination against employees, applicants or any other covered persons because of race, color, religion, national origin or ancestry, sex, pregnancy, sexual orientation, marital status, gender identity or expression, age, disability, genetic information, veteran status, or any legally protected characteristic. Founded in 1899, Sonoco (NYSE:SON) is a global provider of consumer, industrial, healthcare and protective packaging. With annualized net sales of approximately $5.2 billion, the Company has 20,000 employees working in more than 300 operations in 34 countries serving some of the world’s best-known brands in some 85 nations. Sonoco is committed to creating sustainable products, services and programs for our customers, employees and communities that support our corporate purpose of Better Packaging. Better Life. The Company was listed as one of Fortune’s World’s Most Admired Companies 2021 as well as being included in Barron's 100 Most Sustainable Companies for the third year in a row.