Senior Accounts Payable Analyst
Headquartered in Cambridge, Massachusetts, CarGurus is the all-in-one platform that’s moving the entire car shopping journey online and guiding customers through each step. This includes everything from selling an old car to financing, purchasing, and delivering a new one. Today, millions of consumers visit cargurus.com each month, and more than 30,000 dealerships use our products. We have a people-first culture that fosters kindness, collaboration, and innovation, while empowering our Gurus with tools and resources to fuel their career growth. Our goal is to give all people—consumers, dealers, and our employees—the power to reach their destination.
Job Description
Role overview
This role will be responsible for ensuring operational efficiency within the procure-to-pay process at CarGurus. This responsibility will ensure business continuity through ensuring payments are made on time, vendors relationships are maintained at a high level, internal stakeholders are communicated with timely and all areas of the AP process are run smoothly without disruption to the business.
What you'll do
- Lead and own the implementation of new systems and processes to ensure continued business process improvement, operational efficiency, and exceptional customer experience.
- Look for areas of operational improvement to ensure efficient, scalable, and effective processing of AP & Procurement transactions.
- Review & post vendor invoices into the AP sub-ledger and ensures accurate approvals.
- Review Purchase Orders for accuracy and appropriate approvals.
- Execute daily and ad-hoc payment runs, as needed.
- Perform the reconciliation of all payment requests, invoices, and cash transactions created within our financial system.
- Manage Corporate Card Program and ensure reconciliation of all corporate card transactions are made in accordance with policy.
- Prepare and post month end journal entries for all open AP balances for PTP manager’s approval and sign off.
- Ensures all invoices are recorded in proper period as a function of month-end close process. Ability to identify & accrue expenses for given periods.
- Work directly with Accounting Manager to ensure proper coding of invoices & payments.
- Perform reconciliation of multiple payables accounts & identify variances to report and resolve.
- Perform analytical ad hoc reporting and provide information for monthly key performance indicators.
- Support monthly SOX reporting to ensure all PTP processes are aligned with SOX guidance.
- Deep understanding of sales & use tax, as well as VAT, and how to properly capture tax through a payables lens.
- Ensure compliance with internal controls in accordance with policy.
What you'll bring
- Strong proven understanding of Accounts Payable, Procurement, and Accounting systems and procedures.
- 4+ years of hands-on experience in Finance Operations, specifically Accounts Payable and Accounting.
- Previous participation in the implementation of an ERP system for the Purchase to Pay stream.
- Experience with process definition and writing standard operating procedures is required.
- Quick learner and self-starter who has the ability to work independently and Agile within a start-up environment.
- Ability to work in a paperless, consistent volume, fast-paced environment with strong organizational processes and improvements.
- Accustomed to working with timetables and schedules.
- Technical understanding of Finance systems, preferably Concur and NetSuite.
- Experienced serving internal and external customers/suppliers and vendors.
- Confirmed understanding of accounting fundamentals.
- Strong analytical, problem-solving, and reconciliation skills.
- Excellent verbal and written communication skills.
- Able to maintain a high level of accuracy.
- Strong Microsoft Office Skills (Most important Excel, Word, PowerPoint).
Role overview
This role will be responsible for ensuring operational efficiency within the procure-to-pay process at CarGurus. This responsibility will ensure business continuity through ensuring payments are made on time, vendors relationships are maintained at a high level, internal stakeholders are communicated with timely and all areas of the AP process are run smoothly without disruption to the business.
What you'll do
- Lead and own the implementation of new systems and processes to ensure continued business process improvement, operational efficiency, and exceptional customer experience.
- Look for areas of operational improvement to ensure efficient, scalable, and effective processing of AP & Procurement transactions.
- Review & post vendor invoices into the AP sub-ledger and ensures accurate approvals.
- Review Purchase Orders for accuracy and appropriate approvals.
- Execute daily and ad-hoc payment runs, as needed.
- Perform the reconciliation of all payment requests, invoices, and cash transactions created within our financial system.
- Manage Corporate Card Program and ensure reconciliation of all corporate card transactions are made in accordance with policy.
- Prepare and post month end journal entries for all open AP balances for PTP manager’s approval and sign off.
- Ensures all invoices are recorded in proper period as a function of month-end close process. Ability to identify & accrue expenses for given periods.
- Work directly with Accounting Manager to ensure proper coding of invoices & payments.
- Perform reconciliation of multiple payables accounts & identify variances to report and resolve.
- Perform analytical ad hoc reporting and provide information for monthly key performance indicators.
- Support monthly SOX reporting to ensure all PTP processes are aligned with SOX guidance.
- Deep understanding of sales & use tax, as well as VAT, and how to properly capture tax through a payables lens.
- Ensure compliance with internal controls in accordance with policy.
What you'll bring
- Strong proven understanding of Accounts Payable, Procurement, and Accounting systems and procedures.
- 4+ years of hands-on experience in Finance Operations, specifically Accounts Payable and Accounting.
- Previous participation in the implementation of an ERP system for the Purchase to Pay stream.
- Experience with process definition and writing standard operating procedures is required.
- Quick learner and self-starter who has the ability to work independently and Agile within a start-up environment.
- Ability to work in a paperless, consistent volume, fast-paced environment with strong organizational processes and improvements.
- Accustomed to working with timetables and schedules.
- Technical understanding of Finance systems, preferably Concur and NetSuite.
- Experienced serving internal and external customers/suppliers and vendors.
- Confirmed understanding of accounting fundamentals.
- Strong analytical, problem-solving, and reconciliation skills.
- Excellent verbal and written communication skills.
- Able to maintain a high level of accuracy.
- Strong Microsoft Office Skills (Most important Excel, Word, PowerPoint).
