Job Purpose & ScopeResponsible for overseeing and leading the Accounts Payable function and team for the Bank.
Essential Job Functions- Manages staff to include staffing, assigning and delegating work, training, mentoring, and coaching. Conducts performance reviews and fosters a culture of accountability, collaboration, and continuous improvement.
- Drives Accounts Payable process automation efforts, with a goal of achieving touchless invoice processing for high volume vendors.
- Ensures all invoices are processed accurately and on time and reconciles vendor statements.
- Collaborates with accounting staff on day-to-day accounting functions and the monthly close process regarding accounts payable.
- Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
- Maintains Accounts Payable processes and procedures documents and ensures that processes are being performed efficiently amongst staff.
- Provides guidance and training to ensure adherence to company travel policies as well as governmental, regulatory, and legislative requirements.
- Reviews payments in Accounts Payable system for accuracy.
- Ensures expenditures are charged to appropriate accounts.
- Performs analysis and research of Accounts Payable data.
- Maintains all Accounts Payable records.
- Maintains and updates files on W-9s for all vendors.
- Prepares 1099s annually.
- Assists with examination inquiries.
- Reviews and approves vendor additions and modifications.
- Performs or assigns other tasks and assists other team members as necessary.
Knowledge, Skills & Abilities- General knowledge of accounting theory, principles and practices.
- Ability to drive change and lead continuous improvements to accounts payable processes.
- Ability to establish and maintain effective working relationships with employees, vendors and /or customers.
- Ability to supervise and train employees, while effectively delegating key activities.
- Ability to meet individual deadlines, as well as work collaboratively with team to help them meet deadlines.
- Ability to multi-task effectively.
- Ability to make independent judgments which have considerable impact on the organization.
- Ability to prepare and analyze complex financial reports.
- Ability to communicate effectively both verbally and in writing.
- Ability to demonstrate initiative to accomplish work objectives.
- Ability to work effectively and demonstrate flexibility in a continually changing environment.
- Ability to demonstrate effective organization, critical thinking, analytical and problem-solving skills.
- Ability to manage multiple tasks with exacting deadlines in a fast-paced environment.
- Ability to work without close supervision.
- Ability to maintain confidentiality.
- Skill in using computers and Microsoft Office, including Outlook, Word, Excel, and PowerPoint.
Basic Qualifications- Bachelor's degree in business, finance, accounting or other job-related fields, or commensurate work experience, required.
- 10+ years of work experience in Accounts Payable or Accounting, required.
- 5+ years of experience in a supervisory role, required.
- Experience with modern accounting, accounts payable software and Workday Financials, preferred.
Job ExpectationsOperate customary equipment and technology used in a business environment, with or without accommodation.
Note: This description is not an exhaustive list of all job functions, duties, skills, and job standards required. Other job functions, duties, skills, and standards may be added. Management reserves the right to add or change the job requirements at any time.
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