Director, Accounts Payable & Accounting Services

Job Description

JOB SCOPE:

The Director, Accounts Payable & Accounting Services is responsible for maintaining financial stability, accuracy, and efficiency within an organization. They ensure that payments are made promptly, vendors are managed effectively, and financial reporting is reliable and compliant with regulations.

Job Summary

The Director, Accounts Payable & Accounting Services oversees all Accounts Payable processes, balance sheet reconciliations, and related internal controls. The role is responsible for managing a team of two direct reports and oversees an outsourced team of approximately 20 individuals indirectly. This role ensures the accuracy, efficiency and optimization of financial operations and compliance with internal controls.

Responsibilities/Skills/Experience Requirements

JOB DUTIES/RESPONSIBILITIES:

• Oversees the entire Accounts Payable function across Transformco for both direct and indirect purchases, ensuring timely and accurate processing of invoices and payments
• Leads daily cash call with the Cash Management team and is responsible for delivering accurate and relevant inputs to the company's cashflow
• Develops, implements, and maintains effective internal controls to ensure compliance with financial regulations and company policies; Conducts regular audits and reviews to ensure accuracy and adherence to established procedures
• Leads the evaluation and implementation of best practices for the new NetSuite ERP system, making strategic decisions to optimize Accounts Payable processes and enhance overall system efficiency
• Identifies and implements process improvements to increase efficiency and effectiveness in Accounts Payable and related functions by leveraging technology and automation to streamline operations and reduce manual workloads
• Collaborates with cross-functional teams including; Treasury, Procurement, Legal, HR, FP&A and third-party service providers to ensure accounts payable transactions are recorded timely and accurately
• Manages inquiries from and communication with external vendors and internal business partners related to Accounts Payable
• Performs the calendar year 1099 tax reporting for all TransformCo entities
• Oversees and manages the preparation and review of all journal entries for the month-end close process, ensuring accuracy and completeness
• Supports special projects and business initiatives as needed
• Performs supervisory functions, including but not limited to, making employment decisions regarding hiring, promoting, demoting and terminating, conducting performance appraisals and coaching and developing associates
  
  

JOB REQUIREMENTS:

• Bachelors Degree
• Over 10 years of related experience
• Up to 25% travel
• 18 years of age or older
  
  

Required Skills

• Minimum 10 years of progressive Accounts Payable experience with a minimum of 5 years of Management experience across diverse sectors (technology, services, retail, manufacturing, etc.)
• Bachelor's degree in Accounting, Finance, or related field
• Excellent communication skills both written and oral with all levels and functions within the organization and external contributors including, auditors, consultants, etc.
• Track record of leading and coaching teams (~up to 15-20 headcount)
• Track record of partnering effectively with different levels of management (Operations, Divisional Finance)
• Proficiency in Microsoft Excel and Microsoft Word
• Analytical mindset and a track record of making data-driven decisions
• High degree of integrity and commitment to ethical financial practices
• Must have Netsuite ERP experience
  
  

Years Experience

10 - 15 Years Experience

Travel Requirements

Moderate (15-30%)

Country

United States

Work-In City

Remote

Work-In State

Remote

Work-In Postal Code

Remote

Business

Transformco Corporate

Job Function

Finance/Accounting

Employment Category

Regular, Full-time

Compensation Range

105k - 150k

Additional Compensation Explanation

N/A

EEO/EOE Footer

Equal Opportunity Employer / Disability / Vet.

Posting Tags

#Corporate, #Remote

Company Brand

Transformco

Location City

HOFFMAN ESTATES