Employee Records
AP Manager
Salz Global Management LLC Corporate
Full Time
3 Years Experience
Coins Icon $75000 - $85000 / Year
AP Manager
Salz Global Management LLC Corporate

Full Time
3 Years Experience
Coins Icon $75000 - $85000 / Year
Skills
Effective Communication
ERP Experience
Fluent in English
Microsoft Office
GAAP Principles
AP Processing
+3
Description

The Salz Group, a QSR Franchisee, is seeking out an Account Payable Manager to continue driving success in our Finance Dept. As a growing company, this in-person role will report directly to the Financial Controller and will be responsible for overseeing and managing the efficient and accurate processing of all accounts’ payable transactions within the organization. The right candidate will also be dynamic at ensuring compliance with company policies and procedures and maintaining strong relationships with vendors and internal stakeholders. It will also be important for this role to feel comfortable in driving process improvements and use technology to enhance efficiency and accuracy in the payment process.

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES

Accounts Payable Operations

  • Oversee the end-to-end operations of the accounts payable team, including invoice processing, payment runs, and expense report management.
  • Ensure all payments are processed accurately, in a timely manner, and in compliance with company policies and regulatory requirements.
  • Review and approve large or complex invoices and payments.
  • Develop and enforce accounts payable policies and procedures.

Vendor Management

  • Establish and maintain strong relationships with vendors and suppliers.
  • Resolve escalated vendor issues, discrepancies, or disputes effectively and professionally.
  • Ensure accurate vendor records, including banking information and tax documents (e.g., W-9s).
  • Negotiate payment terms and discounts with vendors to optimize cash flow.

Compliance and Internal Controls

  • Implement and monitor internal controls to safeguard company assets and prevent fraud.
  • Ensure compliance with tax regulations, including sales/use tax and 1099 reporting requirements.
  • Collaborate with auditors to support internal and external audit requests and to ensure accuracy and compliance.

Process Improvement and Technology Utilization

  • Identify and implement opportunities for process automation and efficiency improvements within the AP workflow.
  • Leverage AP automation tools and ERP systems to streamline processes and reduce manual effort.
  • Stay informed about changes in accounting regulations, emerging technologies and best practices in accounts payable management.
  • Oversee the implementation and maintenance of accounts payable software and systems.

Reporting and Analysis

  • Prepare and present AP metrics and reports, including aging reports, cash flow projections, and vendor spend analyses.

    Education & Experience:

    The right candidate will possess 3-5 years of experience in an Accounts Payable role, with a degree or equivalent experience in accounting, finance, or a related field. Advanced skills in Microsoft Excel, along with strong understanding of accounting principles, financial regulations, and tax compliance is essential, but having working knowledge of ERP systems and accounting systems will be desired. Those candidates with previous experience within retail and/or multi-unit restaurant environments will be heavily considered.

    Benefits:

    Salz Group provides a comprehensive benefits package to include: Medical/Dental/Vision insurance, Paid Time Off, 8 paid Holidays annually, 401K, product discounts, Commuter Benefits, and the chance to help grow your career, in our quest to build a better franchise model.

    About Salz Group

    At Salz Group, we believe in setting the gold standard in the Quick Service Restaurant (QSR) industry. With a legacy rooted in passion, innovation, and unwavering commitment, we have emerged as leaders in the franchising business model.

    Our journey began in 2003 with the opening of our first Dunkin' Donuts location. From day one, we immersed ourselves in every aspect of the business, mastering guest service, retailing, operations, and more. This hands-on approach paved the way for exponential growth and success.

    In 2016, we made history by opening three Dunkin' Donuts stores, including one at the iconic Fulton Center within the World Trade Center property. Achieving the highest first-week sales in Dunkin' Brands history for a standalone store was a testament to our dedication and strategic prowess.

    Since then, Salz Group has expanded its portfolio to include the Wendy’s, Taco Bell, and WingStop brands. With 40 locations and growing, we leave no stone unturned in our quest to build a better franchise model.

The Salz Group, a QSR Franchisee, is seeking out an Account Payable Manager to continue driving success in our Finance Dept. As a growing company, this in-person role will report directly to the Financial Controller and will be responsible for overseeing and managing the efficient and accurate processing of all accounts’ payable transactions within the organization. The right candidate will also be dynamic at ensuring compliance with company policies and procedures and maintaining strong relationships with vendors and internal stakeholders. It will also be important for this role to feel comfortable in driving process improvements and use technology to enhance efficiency and accuracy in the payment process.

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES

Accounts Payable Operations

  • Oversee the end-to-end operations of the accounts payable team, including invoice processing, payment runs, and expense report management.
  • Ensure all payments are processed accurately, in a timely manner, and in compliance with company policies and regulatory requirements.
  • Review and approve large or complex invoices and payments.
  • Develop and enforce accounts payable policies and procedures.

Vendor Management

  • Establish and maintain strong relationships with vendors and suppliers.
  • Resolve escalated vendor issues, discrepancies, or disputes effectively and professionally.
  • Ensure accurate vendor records, including banking information and tax documents (e.g., W-9s).
  • Negotiate payment terms and discounts with vendors to optimize cash flow.

Compliance and Internal Controls

  • Implement and monitor internal controls to safeguard company assets and prevent fraud.
  • Ensure compliance with tax regulations, including sales/use tax and 1099 reporting requirements.
  • Collaborate with auditors to support internal and external audit requests and to ensure accuracy and compliance.

Process Improvement and Technology Utilization

  • Identify and implement opportunities for process automation and efficiency improvements within the AP workflow.
  • Leverage AP automation tools and ERP systems to streamline processes and reduce manual effort.
  • Stay informed about changes in accounting regulations, emerging technologies and best practices in accounts payable management.
  • Oversee the implementation and maintenance of accounts payable software and systems.

Reporting and Analysis

  • Prepare and present AP metrics and reports, including aging reports, cash flow projections, and vendor spend analyses.

    Education & Experience:

    The right candidate will possess 3-5 years of experience in an Accounts Payable role, with a degree or equivalent experience in accounting, finance, or a related field. Advanced skills in Microsoft Excel, along with strong understanding of accounting principles, financial regulations, and tax compliance is essential, but having working knowledge of ERP systems and accounting systems will be desired. Those candidates with previous experience within retail and/or multi-unit restaurant environments will be heavily considered.

    Benefits:

    Salz Group provides a comprehensive benefits package to include: Medical/Dental/Vision insurance, Paid Time Off, 8 paid Holidays annually, 401K, product discounts, Commuter Benefits, and the chance to help grow your career, in our quest to build a better franchise model.

    About Salz Group

    At Salz Group, we believe in setting the gold standard in the Quick Service Restaurant (QSR) industry. With a legacy rooted in passion, innovation, and unwavering commitment, we have emerged as leaders in the franchising business model.

    Our journey began in 2003 with the opening of our first Dunkin' Donuts location. From day one, we immersed ourselves in every aspect of the business, mastering guest service, retailing, operations, and more. This hands-on approach paved the way for exponential growth and success.

    In 2016, we made history by opening three Dunkin' Donuts stores, including one at the iconic Fulton Center within the World Trade Center property. Achieving the highest first-week sales in Dunkin' Brands history for a standalone store was a testament to our dedication and strategic prowess.

    Since then, Salz Group has expanded its portfolio to include the Wendy’s, Taco Bell, and WingStop brands. With 40 locations and growing, we leave no stone unturned in our quest to build a better franchise model.

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