Accounts Payable Manager - Divert

About Divert, Inc.

Divert, Inc. is an impact technology company on a mission to Protect the Value of Food™. Founded in 2007, the company creates advanced technologies and sustainable infrastructure to eliminate wasted food, driving social and environmental impact. Divert provides an end-to-end solution that leverages data to prevent waste, facilitates edible food recovery to serve communities in need, and converts wasted food into renewable energy. The company works with over 6,600 customer locations across the U.S. to reduce wasted food and positively impact people and the environment. Its customer base spans across industries and includes five Fortune 100 companies. For more information on Divert, Inc., please visit www.divertinc.com.

Accounts Payable Manager

Reporting to the Corporate Controller, the Accounts Payable (AP) Manager is responsible for overseeing the daily operations of the accounts payable department. This includes managing the company’s vendor relationships, purchase acquisition and purchase order processes, ensuring timely and accurate processing of invoices and payments, and ensuring compliance with financial policies and controls. The AP Manager will lead a team of AP professionals, monitor performance, and improve efficiency in the accounts payable process.

What you'll do;

• Oversee and manage Divert's entire accounts payable cycle including vendor set-up, purchase requisition, purchase order, invoices, and payments.
• Develop and maintain strong vendor relationships, handle inquiries promptly and professionally.
• Manage vendor credit application, negotiate payment terms to optimize cash flow and Divert's financial position.
• Supervise and manage processing of purchase requisition and orders, ensuring proper approval workflows and compliance with company policies and procedures
• Supervise and manage processing of vendor invoices, ensuring accuracy, completeness, and timely payments.
• Oversee reconciliation of accounts payable entries with vendor statements and resolve discrepancies.
• Oversee preparation and execution of payment runs (check, ACH, wire, etc.) in accordance with company policies, and timeliness to avoid late fees and maintain good vendor relations.
• Lead, train, and mentor the accounts payable team to ensure effective operations, ie., review and ensure proper coding and allocation of expenses.
• Assign daily tasks, monitor team performance, and conduct regular performance reviews.
• Ensure adherence to company policies, procedures, and internal controls in the accounts payable function as well as to meet departmental goals and deadlines
• Support internal and external audits by providing requested documentation and ensuring all AP records are maintained accurately.
• Generate and review accounts payable reports, including AP aging, cash flow projections, and payment trends. Provide regular updates to Corporate Controller.
• Manage and prepare annual form 1099 filing.
• Support bond requisition processes and working with other functional groups to ensure reconciliation with budgeted transactions and relevant accounting transactions.
• Assist with month-end and year-end closing processes, ensuring all payables are recorded and accurately reflected in financial statements.
• Implement best practices and automation tools. Identify opportunities for process improvements to increase efficiency, streamline processes and reduce errors.
• Stay current on industry standards and emerging technologies related to accounts payable.
• Assist in the development of departmental budgets and forecasts.
• Support cross-functional projects related to system implementations, process changes, or business expansions.

What we are looking for;

• At least 8 years of experience in accounts payable, with a minimum of 3 years in a supervisory or managerial role.
• Demonstrate servant leadership to coach and grow staff members.
• Seeks out ways to improve current processes and procedures.
• Positive can-do attitude and demonstrates good judgment.
• Bachelor’s degree in accounting, finance, or a related field (or equivalent experience).
• Strong understanding of financial controls and AP systems.
• Advanced MS Excel skills, including pivot tables, VLOOKUP, and financial formulas.
• Strong organizational and time-management skills. Excellent communication skills.
• High attention to detail and accuracy. Ability to work under pressure and meet deadlines.
• Experience with major ERP systems and automation tools is required. Microsoft Dynamics ERP system preferred.
• Experience with ERP implementation is a plus.
• Certification in Accounts Payable or similar certifications preferred
• Previous experience in a large corporate environment or a fast-paced industry such as renewable energy, manufacturing, and construction preferred.

What's In It for You?

• Compensation Range: $100,000 - $110,000 annually
• Health, Vision, and Dental Benefits (effective the first of the month following your date of hire!)
• Life Insurance
• 401K with Safe Harbor company match
• Paid Time Off
• Opportunities for Advancement with a Rapidly Growing, Mission-Driven Organization

Work Location: Hybrid (preferred - within driving distance of the Concord, MA headquarters)

Divert Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.