Director of Accounts Payable/Receivable

We are recruiting a Director of AP/AR with a fantastic and highly reputable wine company based in the Westchester County area. Reporting directly to the Vice President of Accounting, this position offers an incredible opportunity to lead a team at a fast-paced, dynamic company during a time of growth. This company has a fantastic culture, a supportive environment, and a strong commitment to the advancement of employee growth. This position is hybrid with 3 days per week in the office, a 35-minute train ride from NYC.

The right candidate will have 7 years in AR/AP/Accounting within the bev/alc industry, as well as excellent leadership and team management skills.

Responsibilities:

• Ensure on time and accurate payment of invoices and professional response to vendor payment inquiries
• Carry out reconciliation, payment, and dispute resolution with distributors
• Proactively identify key trends and variances impacting cash flow, clean books, and vendor service
• Continually review payment planning and forecasting to improve cash position, efficiency metrics, financial ratios; including establishing staff responsibilities, payment parameters, and setting measurable goals
• Effectively drive a culture of collaboration, accountability, and vendor service
• Direct management of 3 team members, including interviewing, hiring and termination, performance management, coaching, and mentoring
• Provide guidance to the team with technical assistance on systems, and support staff with complex problem solving and troubleshooting.
• Audit work of the team to maintain efficiency and accuracy
• Alert executive management to irregularities, trends, and areas of concern with supplier payments, AR agings and cash flow
• Identify borrowing requirements if necessary; propose and implement treasury solutions
• Maintain accurate vendor master data, annual customer credit limit reviews, and credit applications
• Internal loan & interest management
• Run, review, and analyze department reporting systems and provide assessment and feedback of current Key Performance Indicator (KPI) outcomes for the department to staff, and senior leadership
• Ensure proper coding procedures are set and executed for invoices and ensure US GAAP accounting is followed
• Maintain financial information for historical purposes and in accordance with company policies. This includes invoices, documentation, bank information, W9s etc.
• Create Standard Operating Procedures and training manuals for payables & receivables functions
• Manage, prepare and file annual 1099s timely.
• Lead month-end close review and completion for payables & receivables tasks
• Support in external audits
• Ad hoc projects as needed

Competencies:

• Passionate, team player, eager to learn and grow
• Business Acumen
• Business partnering

Accurate and strong attention to detail and ability to multi-task

• Ability to work independently and with others
• Process improvement/simplification mindset
• Solutions oriented
• Financial Analysis Skills
• Results Driven/Initiative
• Presentation Skills
• Organizational & Time Management Skills

Required Education and Experience:

• BA/BS degree
• Required experience 10 years in Accounting/AP/AR; Beverage Alcohol Industry is a plus
• SAP experience preferred
• Knowledge of Concur Invoice is a plus
• Ability to work well with leadership and across multiple departments
• organizational/project management skills
• communication skills and written skills
• in Microsoft Excel, PowerPoint, and Word