Accounts Payable Manager

As an Accounts Payable Manager at BitGo, you'll be responsible for managing all accounts payable transactions for the organization. This includes ensuring the timely and accurate processing of vendor invoices, reviewing purchase orders and vendor agreements, processing payments, and maintaining relationships with suppliers. You'll also assist with month-end closing procedures, reconciliation tasks, and provide essential reports for management.

To qualify for the Accounts Payable Manager role at BitGo, you should ideally have a Bachelor's degree in Accounting, Finance, or a related field. Additionally, 5+ years of experience in accounts payable or a similar accounting role is required. Familiarity with NetSuite accounting software and proficiency in Microsoft Excel are essential, along with a solid understanding of accounts payable processes and general accounting principles.

The Accounts Payable Manager plays a critical role in BitGo's operations by ensuring that all vendor transactions are processed accurately and timely. This role not only helps to maintain strong supplier relationships but also supports the financial integrity of the organization by managing records and compliance with internal controls and policies. Your attention to detail and problem-solving skills will significantly impact our financial reporting and assist in maintaining our operational excellence.

Success as an Accounts Payable Manager at BitGo requires strong analytical and organizational skills. Attention to detail is paramount for ensuring accuracy in vendor payments and records. Effective communication skills are also essential for collaborating with internal teams and addressing vendor inquiries. Additionally, being proficient in accounting software and having a solid understanding of financial processes will greatly contribute to your success in the role.

Choosing a career as an Accounts Payable Manager at BitGo means joining a forward-thinking and innovative company that is at the forefront of digital asset solutions. You'll be part of a dynamic team that values collaboration, creativity, and excellence. With competitive compensation and a robust benefits package, you’ll have the support and resources needed to grow in your career while making a real impact in the financial world.

In this response, highlight your familiarity with specific accounting software, particularly NetSuite if applicable. Discuss specific processes you’ve managed, like invoice validations and payment methods, and how these experiences have equipped you for the role at BitGo.

When answering, discuss your approach to investigating discrepancies thoroughly, using your communication skills to collaborate with vendors, and ensuring that accurate records are maintained. Emphasize the importance of maintaining relationships while resolving issues.

Highlight your time management skills and methods for prioritizing tasks, including the use of tools or software for tracking due dates and outstanding invoices. You might mention how you assess urgency versus importance in decision-making.

Explain your understanding of internal controls and compliance requirements. Discuss how you stay updated with applicable financial regulations and your processes for ensuring that all transactions are documented accurately for audits.

Share a specific example of a process improvement you initiated or contributed to in a previous role. Discuss the problem it solved, the steps you took to implement the change, and the positive impact it had on efficiency or accuracy.

Discuss your belief in the importance of clear communication and trust-building with vendors. Share strategies for maintaining these relationships, such as regular check-ins and being responsive to their inquiries.

Outline your understanding of relevant tax compliance issues, such as 1099 reporting requirements. Discuss how you stay informed about changes in tax regulations and how you integrate this knowledge into your accounts payable practices.

Provide an insight into your organizational strategies, such as using project management tools or setting reminders. Emphasize your ability to remain calm under pressure and your commitment to meeting deadlines without sacrificing accuracy.

Discuss KPIs like invoice processing time, payment accuracy, and vendor satisfaction. Explain how these indicators help in assessing the efficiency and effectiveness of accounts payable operations.

In your response, convey your excitement for BitGo's innovative approach in the digital asset sector. Mention alignment of your skills and values with the company's mission, and express your eagerness to contribute to its success.