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Full-Time

Accounts Payable Manager

Posted on 7/9/2024

Zūm

Zūm

201-500 employees

Technology-driven school transportation service

Data & Analytics
Automotive & Transportation
Energy
Social Impact
Education

Compensation Overview

$140k - $180kAnnually

+ Equity + Commission

Senior, Expert

San Carlos, CA, USA

Category
Cost Accounting
Financial Accounting
Tax Accounting
Management Accounting
Payroll Accounting
Accounting
Required Skills
NetSuite
Requirements
  • At least 7 years of AP experience with a minimum of 4 years managing a team
  • Extensive knowledge of accounting and management principles and accounts payable procedures
  • Experience working with an international 3rd party accounts payable processors is preferred
  • Experience with SOX and internal controls as it relates to AP
  • System savvy – Netsuite, Tipalti, Divvy and G-Suite experience is preferred
  • Detail oriented individual who can track, manage and course correct activities of the team as needed
  • Strong technical, analytical, and problem-solving abilities with organizational and time management skills
  • Highly motivated, collaborative, hard-working, and able to work in a fast paced, informal, and often ambiguous environment
  • Great team player, communicator and listener
  • BA/BS degree in Accounting, Finance or business administration
Responsibilities
  • Develop, implement, improve, and enforce policies and department controls to increase accuracy and efficiency.
  • Manage Accounts Payable staff, including proper allocation of work resources, performance management and other supervisory responsibilities.
  • Build and maintain relationships across the organization as well as with third party vendors.
  • Oversee full cycle AP activities, reviewing all invoices and payment runs, to ensure that they are completed accurately and on time.
  • Lead the accounts payable month-end closing process.
  • Support the year-end and interim audit process as needed.
  • Lead annual 1099 and 1042 reporting requirements.
  • Provide regular updates to leadership using meaningful metrics and KPIs to aid in monitoring the performance of the team.
  • Manage vendor master database, including approving all new vendors and changes to existing vendors.
  • Lead and participate in special projects as necessary

Zūm provides a transportation solution specifically designed for school children, focusing on efficiency and environmental sustainability. The service includes a fleet of vehicles, with electric options available, to minimize carbon emissions. Zūm's platform utilizes analytics to optimize operations, featuring an app that allows parents, drivers, and schools to track the location of buses and students in real-time. This enhances safety and provides transparency, while also saving time and costs for both schools and parents. The platform offers tools for fleet and staffing management, optimized routing to avoid traffic, and personalized instructions for student care. Zūm differentiates itself from competitors through its commitment to safety, transparency, and sustainability, aiming to improve the overall school transportation experience.

Company Stage

Series D

Total Funding

$201M

Headquarters

Redwood City, California

Founded

2014

Growth & Insights
Headcount

6 month growth

15%

1 year growth

50%

2 year growth

106%
Simplify Jobs

Simplify's Take

What believers are saying

  • Zum's rapid expansion and multiple five-year contracts with school districts indicate strong growth potential and job security.
  • The company's commitment to sustainability and innovation, highlighted by a $32 million EPA grant, positions it as a forward-thinking leader in the industry.
  • Competitive wages, modern benefits, and advanced training programs make Zum an attractive employer for drivers and staff.

What critics are saying

  • The need to continuously hire and train a large number of drivers could strain resources and impact service quality.
  • Dependence on school district contracts means that losing a major contract could significantly affect revenue and growth.

What makes Zūm unique

  • Zum's use of electric vehicles and vehicle-to-grid technology sets it apart as a leader in sustainable school transportation.
  • The platform's real-time tracking and transparency features for parents, drivers, and schools enhance safety and operational efficiency, distinguishing Zum from traditional school bus services.
  • Zum's focus on advanced analytics and optimized routing provides significant cost and time savings, making it a more efficient option for school districts.

Benefits

Competitive compensation, including cash and equity

Medical, dental and vision benefits, including paid membership to One Medical

Unlimited vacation policy

Free daily catered lunches + fully stocked kitchen at HQ

INACTIVE