Accounts Payable Manager - PURE Insurance : Job Details

SummaryOur company is seeking an experienced and dynamic Accounts Payable Manager to join our Finance Team. This role will be an essential part of our finance operations, overseeing a wide range of accounting activities for a multinational financial services firm while driving team performance and financial efficiency. The ideal candidate possess strong fundamentals in accounting principles, excellent leadership skills, and a passion for process improvement. A bachelor's degree in accounting is required, with prior management experience or a strong background in accounting or finance highly preferred.Duties and ResponsibilitiesAs an Accounts Payable Manager, you will oversee various accounting functions and ensure accurate and timely financial reporting, including:Accounts Payable Management

• Oversee the timely entry of invoices and ensure that all accounts payable vendors are paid promptly
• Verify that all expenses are appropriate, accurately coded to the correct GL accounts, and have been approved by the relevant department heads
• Lead communication with vendors to resolve billing questions and concerns
• Directly address invoice discrepancies and ensure proper documentation and resolution
• Supervise month and year-end closing activities, including preparation and review of journal entries, accruals, prepaid monitoring and automation
• Build, maintain and lead the fixed asset process
• Manage payment schedules for recurring payments and ensure compliance with the established approval process
• Build and maintain strong relationships with vendors, brokers, and cross-functional departments
• Ensure accurate W-9 documentation and preparation for 1099 reporting

General Accounting & Reporting

• Compile, analyze, and report financial information to senior leadership.
• Supervise fixed assets reporting and scheduling to ensure proper tracking and compliance.
• Manage ad-hoc projects, collaborating with the IT team on new accounting system implementations and system updates.
• Work closely with FP&A to conduct in-depth analysis of departmental expenses, identifying trends, monitoring variances, and recommending actions to improve financial performance and reduce costs.

Leadership & Team Development

• Lead and mentor a team of three accounts payable professionals, fostering a collaborative and efficient working environment.
• Provide ongoing training and support to staff to improve skills and ensure compliance with accounting policies and procedures.
• Review and streamline accounting processes to improve efficiency and accuracy.
• Collaborate with other departments to ensure alignment and smooth financial operations across the company.

Qualifications

• Bachelor's degree in Accounting or related field.
• Minimum of 6-8 years of experience in accounting or finance, with at least 2-3 years in a managerial or leadership role.
• Strong understanding of accounting principles and financial regulations.
• Excellent leadership, communication, and interpersonal skills.
• Proficient in web-based accounting software - prior experience with Intacct and/or Concur preferred
• Detailed knowledge of MS Excel
• Ability to manage multiple tasks and deadlines in a fast-paced environment.
• Detail-oriented with strong problem-solving skills
• A desire for process and ability to build and hold others accountable to the processes created

The base salary for this role can range from $105,000 to $120,000 based on a full-time work schedule. An individual's ultimate compensation will vary depending on job-related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experienceWant to Learn More?

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