Director of Accounts Payable

THIS POSITION TO TEMP TO HIRE. SALARY WILL INCREASE UPON FULL TIME HIRE

The Director of Accounts Payable reports directly to the Controller and supports the Controller in a number of recurring tasks and periodic activities and/or special projects. The position is responsible for the management of the accounts payable team and its smooth operation, supporting the activities of the company and its affiliates. The Director will over-see the work of a four-person Accounts Payable team.

Essential Duties:

• Understand and promote the organization’s Mission, Vision, and Core Values to ensure alignment with organizational policies and procedures.
• Perform ongoing review of procedures with a goal to identify potential areas and ways to improve accounting and operational efficiency, accuracy, transparency, and controls by leveraging technology, and improving and standardizing processes. Embrace a state of continual improvement.
• Work with Controller and AP team to develop and monitor the company’s annual goals, for the Director and team, designed to help the department and organization implement the company’s strategic plan and fulfill Leadership’s priorities. Mentor the team and assess their progress, regularly providing feedback and performing periodic evaluations.
• Review and ensure the timely and accurate posting of invoices, payments and other entries, and that open balances are accurate and in agreement with what vendors know.
• Supervise and prioritize work, resolve issues, review team’s work, and monitor their workloads.
• Prepare periodic and ad-hoc analyses, reports and explanations of invoices, payments and forthcoming the company’ssh requirements. Including things such as but not limited to reconciling subledgers with general ledger, prepare closing schedules, analysis of accounts and/or discrepancies, assisting in the company’s planning and monitoring, issuing 1099’s, preparing and issuing confirmation letters, etc.
• Maintain organized electronic files containing supporting documents and manage document requests related to various audits, legal/compliance inquiries, and inquiries by other stakeholders.
• Implement and maintain a strong internal control environment and efficient operating processes related to vendor maintenance, invoice processing, expense report processing and disbursements.
• Perform special projects and other duties as assigned

Minimum Qualifications:

• Bachelor’s Degree Required (preferred in Accounting, Finance or Business Administration); plus five years of experience managing an accounts payable department. In lieu of Bachelors, seven or more proven years of progressively responsible accounts payable experience including supervision of multiple staff.

Key Competencies:

• Knowledge of current accounting methods and procedures, including complex financial transactions
• Strong command of a variety of technologies including but not limited to Microsoft Dynamics Great Plains or similar accounting systems, MS advanced Excel, Word, PowerPoint.
• Excellent communication skills (verbal and written), strong work ethic, and professionalism in engagement with supervisors, peers and junior staff within the company its affiliates, and necessary external entities such as banks, custodians, vendors, and auditors.
• Demonstrate experience in business process improvement involving information technology solutions and changes and improvements to accounting and fiscal systems and practices; and demonstrated ease in staff training and development.
• Commitment to mentoring, training, and retaining a diverse and inclusive team and demonstrated ability to work effectively in a complex work environment with a diverse constituency.