Vendor Payment Solutions Manager
Job Posting for Vendor Payment Solutions Manager at ALG Senior
Job Description:
Are you an expert in vendor relations and payables management, with a talent for finding innovative payment solutions? We are seeking a Vendor Payment Solutions Manager to join our team. In this role, you will be responsible for developing and executing strategies to optimize vendor payments and enhance financial efficiency. Your expertise will play a vital role in building strong vendor relationships and ensuring timely and cost-effective payments.
Key Responsibilities:
Vendor Relations Management: Build and maintain strong vendor relationships, fostering collaboration and resolving payment-related issues.
Payment Solutions Development: Develop and implement creative payment solutions to optimize efficiency, reduce costs, and improve cash flow.
Payables Oversight: Manage the accounts payable process, ensuring accurate and timely payments while adhering to financial policies and contractual obligations.
Vendor Negotiations: Negotiate payment terms, settlement agreements, and long-term payment plans to benefit both the organization and vendors.
Financial Analysis: Conduct in-depth financial analysis of payables and vendor transactions to identify areas for improvement and cost savings.
Risk Assessment: Assess financial risks associated with vendor payments and develop strategies to mitigate potential issues.
Cross-functional Collaboration: Collaborate with internal stakeholders and cross-functional teams to ensure seamless payment processes.
Qualifications:
- Bachelor's degree in finance, accounting, or a related field (Master's degree preferred).
- Proven experience in vendor relations, payables management, and payment solutions development.
- Exceptional negotiation and communication skills.
- Strong analytical abilities with attention to detail.
- Knowledge of industry regulations and best practices related to vendor payments.
- Ability to adapt to a dynamic and changing business environment.
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