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Accounts Payable Coordinator

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Job ID JREQ-212628 Date posted 09/23/2024

At AAM, the POWER is in our people. We believe that an equitable and inclusive workplace benefits everyone, and that the diversity of our Associates drives creativity and innovation. Our global team is made of dreamers, doers and innovators who are Delivering POWER for a safer, brighter and more sustainable tomorrow.

Job Posting Title

Accounts Payable Coordinator

Job Description Summary

This position reports to the Senior Manager, Accounts Payable and Global Financial Shared Services and is responsible for various activities, with a focus on supervising day to day activities within the U.S. Accounts Payable Shared Services Department. This role will require a high level of work with our U.S. sites, as well as a variety of different internal customers (i.e. Corporate Departments, Plant Finance, Materials, Purchasing, etc.).

Work involves a good understanding of the Procure to Pay Process, as well as the applicable policies and procedures. This position requires strong leadership in addition to analytical, business process, and communication skills.

Job Description

Key Elements of the Role:

Personnel management / supervision:

  • Supervise Shared Services Analysts and College Co-op level staff
  • Together with AP Manager, establish annual goals for the team
  • Complete performance reviews for your team

Supervise Day to Day Operations. Responsible for the team’s timely completion of daily, weekly, monthly and quarterly activities for AAM’s U.S. locations:

  • Ensure all invoices and payments are processed in a timely manner
  • Prepare disbursements cash forecasting reports utilized by Corporate Treasury
  • Controls and tools to avoid duplicate payments
  • Review and monitor entry and approval of non-PO invoices
  • Prepare and review account reconciliations including monthly journal entries
  • Perform supplier statement reconciliations and research and resolve supplier invoice and payment discrepancies
  • Manage US Procurement Card program
  • Develop and maintain Desk Procedures and Job Aids
  • Assist in Business Process improvements
  • General supervisory duties, including leading team meetings and the coordination of work

Other Duties:

  • AP Month End Close
  • Supplier Banking Information Maintenance
  • 1099 and 1042 Reporting
  • Prepare Sarbanes-Oxley testing for Accounts Payable activities on a quarterly basis (performs assessor functions in Sox tool).
  • Actively participate in AAM Treasury Operations Reviews.
  • Participate in special projects as assigned
  • All other duties as assigned

Required Skills and Education

Position Requirements:

  • Required:   Bachelor's Degree Accounting, Finance, IT or related field of study
  • Preferred:  Advanced degree or certifications in related field
  • Preferred: 2 years of Supervisory Experience
  • Minimum 5 years of related financial and/or business process experience
  • Good business systems aptitude and experience with ERP systems (Oracle and Plex)
  • Ability to prioritize assignments/projects and work within restricted time constraints
  • Analytical / problem-solving skills  
  • High level of interpersonal skills to work effectively with others, and demonstrated leadership skills.

About AAM:

As a leading global Tier 1 Automotive and Mobility Supplier, AAM designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with over 80 facilities in 18 countries, we are Bringing the Future Faster for a safer and more sustainable tomorrow. To learn more, visit AAM.com.

Why Join #TeamAAM:

As a member of #TeamAAM, you’ll get to make a difference on day one. From your first day with us, you’ll have the opportunity to grow, embrace challenges, build your skills, and bring your authentic self to work every day, all while helping to shape the future of mobility for AAM…and the world.

AAM will not discriminate against any Associate or applicant for employment because of age, race, color, gender, religion, weight, height, marital status, sexual orientation, genetic history or information, gender identity or expression, disability, protected veteran status, national origin, or other characteristic protected by law. AAM will take affirmative action to ensure that applicants are employed, and that Associates are treated equally during employment, without regard to their age, race, color, gender, religion, weight, height, marital status, sexual orientation, genetic history or information, gender identity or expression, disability, protected veteran status, national origin, or other characteristic protected by law. For the Disabled Job Seeker: We offer reasonable accommodations for qualified disabled individuals who are applicants for employment. To request assistance or accommodations, please e-mail TalentAcquisition@aam.com. AAM is an equal opportunity/affirmative action employer.
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Success Profile

Check out the traits we’re looking for and see if you have the right mix.

  • Self-Aware
  • Influential
  • Motivational
  • Results Oriented
  • Change Agent
  • Team Builder

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Benefits

  • Icon - Physical Well Being

    Physical Well-Being

    • Annual physicals
    • Preventative Screenings and Immunizations
    • Diabetes and Hypertension
    • Prevention and Management
    • Tobacco Coaching
    • Fertility Benefits
  • Icon - Emotional Well Being

    Emotional Well-Being

    • Employee Assistance Program (EAP)
    • Behavioral Health Network (in-person, virtual/digital)
    • Stress Management and Mediation Programs
    • Parental Leave Policy
  • Icon - Financial Well Being

    Financial Well-Being

    • Retirement Readiness
    • Debt Management
    • Financial Education and Planning
    • Lifestyle Account
  • Icon - Social Well Being

    Social Well-Being

    • Associate Appreciation Events
    • Lunch with Leaders
    • DEI Steering Committee

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At American Axle & Manufacturing (AAM), we prioritize your safety during the hiring process, and advise caution regarding fraudulent job offers. AAM will never ask for any financial information, payments, or sensitive personal details during recruitment. All official communications will be through AAM channels, and all emails will end in "@aam.com." If you receive suspicious communication or job offers, please contact us at TalentAcquisition@aam.com.