Role Overview:

As the Accounts Payable Lead at CarGurus, you will be a key leader in our Finance Operations team, playing a critical role in overseeing vendor management and the purchasing processes. This position is pivotal in enhancing our payables processes and ensuring operational efficiency. The ideal candidate will have a solid background in expense management, accounts payable, and corporate card administration, with a proven ability to thrive in customer-facing and cross-functional environments.

Key Responsibilities:

• Invoice & Payment Oversight: Lead and manage the end-to-end invoice and payment processing, ensuring invoices are accurately matched with purchase orders and receipts. Ensure timely approval of payments in accordance with CarGurus' approval policies.
• Payment Methods & Processing: Oversee and manage all payment methods, including electronic funds transfers (EFTs), checks, wires, and alternative methods, ensuring accuracy and efficiency.
• Vendor Management: Maintain strong relationships with vendors, resolve payment disputes, and ensure proper setup and maintenance of vendor records.
• Month-End Close: Prepare and review journal entries and balance sheet reconciliations as part of the month-end close process. Accrue expenses and investigate any discrepancies, ensuring accurate reporting.
• Process Improvement & Systems Implementation: Lead the implementation of new systems and processes to enhance efficiency, scalability, and the overall accounts payable workflow. Drive automation initiatives and ensure best practices are applied.
• Compliance & Reporting: Ensure adherence to company policies, internal controls, and relevant regulations. Prepare and present reports on accounts payable activities, including aging reports and cash flow forecasts.
• Audit Support: Assist in internal and external audits by providing required documentation and responding to audit inquiries.
• 1099 Reporting: Oversee the accurate reporting of 1099s and ensure compliance with related tax regulations.

Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• 5+ years of hands-on experience in Finance Operations, with a strong focus on Accounts Payable and Accounting.
• Proficiency in ERP systems (preferably NetSuite), and experience with other financial systems such as Zip and Concur.
• Advanced skills in Microsoft Excel, with the ability to analyze and manipulate data effectively.
• Strong knowledge of accounting principles, accounts payable processes, and close procedures.
• Proven leadership skills with the ability to manage and influence cross-functional teams.
• Excellent communication and organizational skills, with a keen attention to detail and a problem-solving mindset.
• Familiarity with tax implications in payables, including 1099 and sales & use tax reporting.

What We Offer:

• Opportunity to lead and shape a key finance function in a growing, dynamic organization.
• Collaborative work environment with a focus on innovation and continuous improvement.