Accounts Payable Manager

Accounts Payable Manager                              

Reports to: Assistant Controller, Accounting Operations

Job Location: Irving, TX

FLSA Status: Exempt                                                                                                      

The Company

Meriton is a national investment holding company with a portfolio of companies in the commercial HVAC industry.  Our longstanding relationships and unique business model has allowed for exponential growth and execution across key markets. Meriton’s portfolio has experienced record setting financial performance year after year due to the development of strong partnerships, establishment of exceptional standards, and through building a best-in-class organization, fueled by top tier talent. Through organic growth, our key partnerships, and by acquisition, and Meriton has reached a revenue of $2B.

Our overall mission is simple: we want to create value and make a difference every day in our journey to be the best HVAC sales and service organization in North America. We believe we can succeed in that mission by being the BEST provider for our clients, the BEST partner for manufacturers, the BEST company for our employees, and the BEST investment for our current and future shareholders.

The Opportunity

We are seeking an experienced and detail-oriented Manager of Accounts Payable (AP) to join our Finance department within our Shared Services center. The primary objective of this role is to optimize the accounts payable process, improve efficiency, and support the organization’s financial health by managing cash flow effectively while developing relationships with external and internal business partners through effective communication. The ideal candidate will have direct experience with OCR automation tools, a deep understanding of AP workflows, shared services experience, and the ability to lead a team in delivering timely and accurate financial services.

• Accounts Payable Management:
  Oversee the end-to-end accounts payable process, including invoice receipt, approval, coding, payment processing, and reconciliation. Ensure compliance with company policies and regulatory requirements.
• OCR Automation Implementation & Maintenance:
  Lead the integration and maintenance of OCR technology to automate invoice processing and data entry. Identify areas for automation and continuous improvement and collaborate with IT to troubleshoot and optimize OCR systems.
• Team Leadership:
  Supervise and mentor a team of Accounting Coordinators, providing guidance and training to ensure high performance and adherence to deadlines. Foster a collaborative environment focused on efficiency and accuracy.
• Process Optimization:
  Regularly evaluate AP workflows, recommend improvements, and implement process changes that drive efficiencies through automation and best practices.
• Reporting & Analysis:
  Prepare regular AP reports, including cash flow forecasts, aging reports, and reconciliation statements. Provide analysis of AP performance, highlighting trends and offering solutions to improve cycle times and payment accuracy.
• Vendor Management:
  Maintain positive relationships with vendors, addressing inquiries and resolving discrepancies in a timely manner. Negotiate favorable payment terms and manage vendor communications.
• Cross-Department Collaboration:
  Work closely with other finance teams, IT, and operations to ensure seamless and effective financial operations. Collaborate with the procurement and purchasing teams to ensure proper invoicing and purchase order matching.
• Post Merger Integrations:
• Assist in aligning financial systems, reporting and processes of newly acquired companies with the shared services model. Provide training and support related to accounts payable process and technologies.

The Required Profile

• Bachelor’s Degree in Accounting, Finance, or related field preferred
• 5+ years of experience in accounts payable, with at least 2 years in a managerial role
• Proven experience in implementing and managing OCR automation systems for accounts payable (e.g., ExFlow or similar OCR software)
• Strong knowledge of AP processes, financial reporting, and vendor management
• Experience with ERP systems (Dynamics AX, Dynamics 365, SAP, Oracle, NetSuite, etc.) highly desirable.
• Strong leadership and team management skills
• Excellent problem-solving and analytical abilities
• Strong communication and interpersonal skills, with the ability to collaborate effectively across departments
• Detail-oriented with the ability to manage multiple priorities

Preferred Qualifications:

• Experience in process improvement and automation in a financial environment
• Knowledge of accounting standards and compliance requirements
• Shared Services or large company experience
• Advanced Excel skills and experience with data analysis tools

Other Skills/Abilities

Language Skills
Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to write correspondence. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.

Mathematical Skills
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret graphs.

Reasoning Ability
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations. Mental stamina for problem solving and prioritizing multiple tasks.

Environmental Requirements

Will be required to work in an office environment and possibly, occasionally in the field.

Physical Demands

While performing the duties of this job, the employee is regularly required to use hands to operate computer keyboard and telephone, reach with hands and arms. The employee frequently is required to stand, walk, and sit. The employee is occasionally required to climb or balance and stoop, kneel, crouch, or crawl. The employee must regularly lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and ability to adjust focus.

NOTE:  This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.

Meriton is an Equal Opportunity Employer