Description
Company Overview:
Lightspeed DMS is looking for an experienced and strategic Accounts Payable Manager to lead our payables and procurement function. The ideal candidate will own and continuously improve the company's end-to-end accounts payable and indirect procurement operations, directing the people, systems, and processes that ensure cost-effectiveness, financial control, and compliance with company policies. This role requires strong leadership, deep system fluency across NetSuite, Ramp, FloQast, and banking platforms, a solid grounding in accounting principles, and the ability to negotiate and manage strategic supplier relationships. This role is an exciting opportunity for a hands-on leader to build and scale a best-in-class procure-to-pay function within a high-growth PE owned SaaS company.
What you’ll do:
- Own the full accounts payable cycle, establishing and enforcing controls for the processing, verification, and approval of invoices and requisitions for goods and services.
- Oversee and manage check runs, ACH/electronic transfers, wires, and other disbursements, managing banking portals and payment platforms to ensure secure, accurate, and timely payment execution.
- Manage corporate card and spend programs in Ramp, including card issuance, spend policies, transaction coding, and reconciliation, and ensure clean, timely sync of AP activity into NetSuite.
- Serve as the escalation point for invoice discrepancies and vendor disputes, driving resolution while maintaining strong vendor relationships.
- Maintain vendor master data, banking details, and W-9/1099 records, safeguarding payment integrity and protecting against fraud.
- Lead AP-related month-end close activities, including accruals, account reconciliations, and supporting documentation, leveraging FloQast to manage close checklists, reconciliations, and review workflows.
- Develop, implement, and continuously refine procurement and procure-to-pay strategies, policies, and workflows to optimize efficiency, cost-effectiveness, and internal controls.
- Research and evaluate suppliers based on price, quality, service, support, availability, and reliability.
- Purchase goods and services in line with specified cost, quality, and delivery targets.
- Ensure compliance with the company's procurement policies and procedures.
- Monitor and assess supplier performance to ensure contractual obligations are met.
- Lead, mentor, and develop the AP and procurement team, setting performance expectations, building bench strength, and fostering a culture of accuracy, accountability, and continuous improvement.
- Serve as the functional owner and administrator of the procure-to-pay technology stack, including NetSuite, Ramp, and FloQast, driving automation, integrations, and process standardization across systems.
- Partner with Treasury and Accounting on cash management and disbursement planning, monitoring bank balances and payment timing across banking platforms to support cash flow forecasting and working capital management.
- Establish and report on AP and procurement KPIs (e.g., DPO, on-time payment rate, discount capture, spend under management), and partner with cross-functional and executive stakeholders on budgeting, audit support, and spend visibility.
What you should have:
Qualifications:
- Bachelor’s degree in Finance, Accounting, or a related field preferred.
- 5+ years of progressive experience in accounts payable and/or procurement, including 2+ years leading or managing a team.
- Hands-on proficiency with NetSuite, Ramp, and FloQast, along with strong Microsoft Excel skills.
- Excellent negotiation, stakeholder management, and communication skills, with the ability to influence at all levels of the organization.
- Strong analytical and problem-solving abilities.
- Solid understanding of banking and payment platforms, ACH/wire processing, and cash management principles.
- High level of accuracy and attention to detail.
- Experience scaling AP processes and implementing automation or system improvements in a high-growth or PE-backed environment is a strong plus.
Inclusion and Diversity at Lightspeed:
At Lightspeed, we celebrate the uniqueness of every individual and encourage diverse perspectives. We believe that inclusion drives innovation and fosters meaningful connections. We are committed to building an environment where everyone feels valued and empowered to make an impact.
Equal Employment Opportunity Statement:
Lightspeed is an Equal Opportunity Employer and is dedicated to building a diverse and inclusive workforce. All qualified applicants will be considered for employment without regard to race, color, creed, ancestry, national origin, gender, sexual orientation, gender identity, gender expression, marital status, religion, age, disability, veteran status, or any other protected category.
Important Note:
Applicants must be authorized to work in the U.S.
Ready to apply?
Take the next step in your career—apply today and join a team where your skills will make an impact!
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