Manager, Accounts Payable

Job Description

About Gap Inc.

Our past is full of iconic moments - but our future is going to spark many more. Our brands - Gap, Banana Republic, Old Navy and Athleta - have dressed people from all walks of life and all kinds of families, all over the world, for every occasion for more than 50 years.

But we're more than the clothes that we make. We know that business can and should be a force for good, and it's why we work hard to make product that makes people feel good, inside and out. It's why we're committed to giving back to the communities where we live and work. If you're one of the super-talented who thrive on change, aren't afraid to take risks and love to make a difference, come grow with us.

About The Role

The Manager of Accounts Payable will oversee the day-to-day operations of the accounts payable team and ensure the timely, accurate, and efficient processing of all vendor invoices and payments. This role will be responsible for optimizing accounts payable workflows, implementing best practices, ensuring compliance with financial regulations, and supporting the company's overall financial goals.

What You'll Do

- Leadership & Management:
- Lead, mentor, and develop a team of accounts payable professionals.
- Foster a collaborative and high-performance work environment.
- Set performance standards and provide coaching and training to ensure the team meets departmental goals.
- Accounts Payable Operations:
- Oversee the full accounts payable cycle, including invoice processing, approval workflows, payment disbursements, and vendor communications.
- Ensure timely and accurate processing of vendor invoices in accordance with company policies.
- Maintain vendor relationships and resolve payment issues or disputes in a professional manner.
- Process Improvement & Efficiency:
- Continuously evaluate and improve the accounts payable processes to enhance efficiency, reduce costs, and support organizational growth.
- Develop and implement controls and best practices to mitigate risks and ensure compliance with financial policies and regulations.
- Financial Reporting & Analysis:
- Assist in the preparation of accurate financial statements, reports, and analysis related to accounts payable activities.
- Monitor accounts payable aging reports and work closely with other departments to resolve outstanding issues.
- Ensure accurate reconciliation of accounts payable accounts, ensuring that discrepancies are addressed in a timely manner.
- Compliance & Controls:
- Ensure adherence to internal controls, accounting standards, and corporate policies to maintain accuracy and integrity in financial transactions.
- Oversee tax compliance and support with audits as necessary.
- Collaboration & Cross-functional Support:
- Work closely with other departments (Procurement, Treasury, Tax, and Legal) to ensure smooth workflows and alignment across the organization.
- Serve as the subject matter expert for accounts payable and provide guidance to other teams on AP-related matters.
- System Management & Technology:
- Maintain and enhance accounts payable systems, ensuring they are up to date with the latest software and technologies.
- Manage the implementation of new AP systems or upgrades as needed to increase automation and streamline processes.

Who You Are

- Bachelor's degree in Accounting, Finance, or related field; CA/ MBA/ CPA or CMA preferred.
- 7+ years of experience in accounts payable, with at least 3 years in a leadership role.
- Strong knowledge of accounts payable processes, financial systems, and controls.
- Experience with ERP systems (SAP, Oracle, or similar) and advanced Excel skills.
- Proven ability to lead and develop a high-performing team.
- Excellent problem-solving, communication, and interpersonal skills.
- Strong attention to detail and ability to manage competing priorities in a fast-paced environment.
- Knowledge of SOX compliance, tax regulations, and auditing practices is a plus.

Benefits At Gap Inc.

- One of the most competitive paid time off plans in the industry
- Comprehensive health coverage for employees, same-sex partners and their families
- Health and wellness program: free annual health check-ups, fitness center and Employee Assistance Program
- Comprehensive benefits to support the journey of parenthood
- Retirement planning assistance
- See more of the benefits we offer.

Gap Inc. is an equal-opportunity employer and is committed to providing a workplace free from harassment and discrimination. We are committed to recruiting, hiring, training and promoting qualified people of all backgrounds, and make all employment decisions without regard to any protected status. We have received numerous awards for our long-held commitment to equality and will continue to foster a diverse and inclusive environment of belonging. In 2022, we were recognized by Forbes as one of the World's Best Employers and one of the Best Employers for Diversity.