Shared Service Associate Manager

Manager of Accounts Receivable / Accounts Payable:

The manager is responsible for the accounts payable and accounts receivable functions to ensure compliance with internal controls and accounting policies. They oversee both processes: (1) from the issuance of the invoice to the customer until the receipt of payment AND (2) from receipt of supplier invoice to the payment being made. This role is responsible for the processes in the USA and Canada but may be asked to work on teams to standardize the processes around the globe.

Their teams are responsible for:

• Reviewing and evaluating the accounts payable and receivable registers to validate charges and ensure timely and accurate payments and receipt of payments.
• Monitoring account aging reports, identifying delinquent accounts, and referring accounts to collection agencies.
• Verifying customer credit limits that set by treasury and confirming payment terms.
• Designing and implementing standard policies and procedures to ensure accurate and compliant financial records.
• Working to improve the procedures of the accounts payable and receivable functions to create efficiency.

The chosen professional should have the following skills:

• Ability to manage the day-to-day operations of the AR/AP department, ensuring compliance with accounting policies, and maintaining accurate financial records.
• Review and validate the accounts payable and receivable registers, monitors aging reports, and identifies delinquent accounts for collection actions.
• Assist in the design standard policies and procedures for efficient financial operations.
• Should hold a bachelor's degree in finance or accounting is required, along with extensive knowledge of accounting processes and departmental functions.
• Play a crucial role in the financial health of an organization by ensuring timely collections and payments, conducting credit checks, negotiating with clients in non-payment cases, and preparing forecast reports.
• Support and train AR/AP Clerks, ensuring that all team members follow accounting principles and stay updated on industry changes.
• Role requires experience in a supervisory capacity, demonstrating the ability to manage a team, meet departmental goals, and adhere to approved budgets.
• The position demands excellent analytical skills, proficiency in accounting software, good communication skills and a strong problem-solving attitude.
• A CPA certification, while not required, can be an added advantage for the role.

The position requires a bachelor's degree and will report to the Director of Global Shared Services. The position will have two direct reports - the A/R Lead and the A/P Lead.

We are seeking a professional with 5 to 10 years of applicable experience, with a minimum of three years of supervisory experience.

• The Shared Services Manager position offers a competitive salary, bonus opportunity, and benefits package, as well as the opportunity to work for a global company that is committed to sustainability, safety, and inclusion.

• The base salary range of this role is $119,280 to $134,190. This position is also bonus eligible.

• The company offers a comprehensive training program, numerous learning and development opportunities, and a career path that can lead to advancement.

Sonoco Products Company:

Headquartered in Hartsville, SC and founded in 1899, Sonoco is a global provider of consumer, industrial, healthcare, and protective packaging. With annualized net sales of approximately $5.2 billion, the Company has 20,000 employees working in more than 300 operations in 34 countries serving some of the world's best-known brands in some 85 nations. Sonoco is committed to creating sustainable products, services, and programs for our customers, employees, and communities that support our corporate purpose of "Better Packaging. Better Life." The Company was listed as one of Fortune's World's Most Admired Companies 2021 as well as being included in Barron's 100 Most Sustainable Companies for the third year in a row. For more information, please visit www.sonoco.com.

At Sonoco Products Company, we offer a comprehensive total rewards package, including competitive pay and benefits. *Benefits listed below are for employees located in the U.S. Specific benefits and wellbeing programs may vary depending on your location (within the U.S. or global), or if you are a union employee.

Benefits

• Medical, dental, and vision coverage for you and your dependents, including FSA and HSA options
• 401(k) retirement plan with company match
• Wellbeing tools and resources to support holistic health, including an Employee Assistance Program with a variety of services
• Paid time off and holidays to recreate, rejuvenate and care for the health of yourself and family
• Variety of company paid and voluntary employee-paid insurance plans including life, personal accident, and disability insurance
• Tuition reimbursement