Yellowjacket Oilfield Services, LLC

Accounts Payable Manager

Accounts Payable Manager
Notice info
LocationKilgore, TX
Job Typefull time
On-site
Oil and Gas

About This Job


Description:


Accounts Payable Manager


Yellowjacket Oilfield Services LLC


Houston Tx 77007


Job Type


Full-time


Qualifications

- Bachelor’s (Required)

- Accounts Payable: 5 years (Required)


Full Job Description


Job Summary:

The Accounts Payable Manager will direct the processing of invoices and payments, manage expense accounts and implement process improvements.


Duties/Responsibilities:

- Manage day to day activities in the Accounts Payable department

- Produce weekly cash forecast for submission to the CFO. Prepare weekly vendor payment report. Analyze entries for reasonableness and accuracy

- Monitor cash balances daily and manage or perform daily cash management activities including transfers, wires and cash reporting

- Analyze vendor invoices for accuracy and available payment options that maximize the company’s cash position

- Develop guidelines for proper handling and coding of invoices to maintain general ledger expense account and inventory records

- Manage expense reporting, Pcard program and bonus payout process to assure expenditures are in alignment with company policy

- Perform bi-weekly analysis of open purchase orders in collaboration with project managers and vendors to resolve discrepancies

- Ensure proper recordkeeping of purchases for use in tax preparation and periodic audits

- Manage employer identification numbers or social security numbers collection from all vendors for the payables team to prepare and submit 1099s and secure W-9 and insurance certificates from subcontractors before releasing payment.

- Facilitate strong work relationships with procurement team and vendors to achieve improved cash generation through negotiations and vendor rationalization.

- Hire, train, mentor and supervise Accounts Payable team members.

- Other duties as assigned.


Requirements:


Required Skills/Abilities:


Strong interpersonal and communications skills

Proficient in accounting software and Microsoft Office Suite


Thorough understanding of accounts payable functions


Excellent managerial and analytical skills

Adept planning and organizational skills to balance and prioritize work


Ability to guide, develop and motivate staff


Education and Experience:


Bachelor’s degree in Accounting or Business Administration


5+ years experience in Accounts Payable function


2+ years as a Supervisor or Manager

Must have substantial ERP AP system experience, as well as 1099 filing experience


Oil and Gas experience preferred


Job Type: Full-time


Benefits:


Dental insurance


Health insurance


Paid time off


Vision insurance


Physical Setting: Office


Schedule:Monday to Friday

Ability to commute/relocate: Kilgore, Tx 75662: Reliably commute or planning to relocate before starting work (Required)


Education: Bachelor’s (Required)


Work Location: One location


Work Remotely:No

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