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Fedcap Apex Acquisition LLC

AP Senior Manager

Posted 7 Days Ago
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In-Office
New York, NY, USA
115K-125K Annually
Senior level
In-Office
New York, NY, USA
115K-125K Annually
Senior level
Leads and optimizes the end-to-end accounts payable and procure-to-pay functions. Oversees AP platform improvements, vendor and stakeholder management, cash forecasting support, month- and year-end close coordination, team development, KPI and SLA management, internal controls, payment exceptions, vendor master controls, and audit readiness.
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Title: AP Senior Manager

Location: 633 3rd Ave, New York, NY 10017

Reports to: Controller

Salary Range: $115,000 - $125,000 Per Year


About The Fedcap Group

Founded in 1935, The Fedcap Group is a $425M global nonprofit organization focused on advancing economic well-being for individuals facing barriers to employment. Headquartered in New York City, Fedcap operates across 106 locations in 29 U.S. states, the U.K., Canada, and Australia serving nearly 332,000 people annually. Fedcap’s mission is to create opportunities for people facing barriers to achieve economic independence, dignity, and become contributing members of society. Through innovative programs, strategic partnerships, workforce development initiatives, and community-based services, Fedcap helps individuals build sustainable pathways to employment and long-term success.

Position Summary

As Senior Manager of Accounts Payable you will be responsible for leading and optimizing the end-to-end AP function to ensure timely, accurate, and well-controlled processing of all disbursements. You will establish and enforce standardized processes, service levels, and communication protocols to drive efficiency, transparency, and scalability across the organization. You will serve as a key partner to internal stakeholders and external vendors, ensuring a high-quality service experience while maintaining strong internal controls and audit readiness.

Key Responsibilities

  • Providing End to End AP Operations leadership and Structure.
  • Design, implement, and continuously improve standardized Accounts Payable and Procure-to-Pay processes.
  • Optimization of the current AP platform

    • Own configuration improvements.
    • Work with IT on enhancements.
    • Improve workflow processes and approval.
  • Vendor and Internal customer Management
    • Support Compliance Controller with various audit requests.
    • Work with Treasury on the development and quality of cash forecasting.
    • Coordinate month-end and year-end closing activities with the Director of Accounting.
  • Team Development.
  • Analytical Data Management
    • Creating and maintaining various KPIs for the team.
    • Establishing Service Delivery and SLA management measures.
  • Internal Control environment
    • Ensure segregation of duties.
    • Monitor duplicate payments.
    • Review payment exceptions.
    • Oversee vendor master controls.
    • Ensure compliance with delegated approval authorities.
    • Maintain audit-ready documentation.
    • Ensure compliance with procurement and payment policies.

Qualifications

Experience & Skills

  • Bachelor’s degree in accounting or related field required.
  • Master’s degree (MBA or MS) preferred.
  • 6-8 years of Accounts Payable or Procure-to-Pay experience.
  • 4-5 years in a leadership role.
  • Demonstrated experience with Oracle Fusion Cloud ERP required.
  • Demonstrated experience owning and improving AP process.
  • Experience in a multi-entity or shared services environment.
  • Experience in nonprofit, healthcare, education or government organizations.
  • AP and Procure-to-Pay processes.
  • Internal controls and compliance framework.
  • Multi-entity and intercompany accounting concepts.
  • Payment methods and treasury integration.
  • Vendor management practices.
  • Ability to work under pressure and able to prioritize workloads.
  • Ability to effectively interact with various department personnel.
  • Ability to work as part of a team and ability to coach, coordinate and lead staff.
  • Excellent problem solving and analytical skills.
  • Excellent written and verbal skills.
  • Excellent Microsoft Excel skills required.


    Benefits

    • Health insurance (Medical, Dental, Vision)
    • Paid time off (Vacation, Sick, Floating)
    • Retirement plan 403(b)
    • Flexible Spending Account (FSA)
    • Commuter Benefits
    • Life/Accident insurance
    • Short-term Disability Insurance
    • Long-term Disability Insurance
    • Employee Assistance Plan (EAP)

The Fedcap Group provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression or any other characteristic protected by federal, state or local laws. We are an EOE employer committed to diversity.

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