Supervisor – Accounts Payable

Supervisor – Accounts Payable Overview

• The Supervisor – Accounts Payable oversees daily operations of the Accounts Payable team, ensuring compliance with policies and procedures.
• Focuses on process improvements to enhance scalability and operational efficiency within the department.
• Maintains accurate and compliant documentation, policies, and procedures for the Accounts Payable function.
• Collaborates with team members to identify and implement revisions to internal standards and processes.
• Ensures timely and accurate processing of invoices and payments across all subsidiaries.
• Supports onboarding of new entities during acquisitions or legal entity creation.
• Provides leadership and guidance to Accounts Payable Specialists, fostering a positive and productive work environment.
• Ensures compliance with applicable laws and regulations governing financial operations.
• Assists with internal and external audit requests and ensures accurate reporting.

Supervisor – Accounts Payable Key Responsibilities & Duties

• Oversee day-to-day activities of Accounts Payable Specialists, ensuring timely invoice processing and payment generation.
• Review and process accounts payable transactions, ensuring accuracy in general ledger accounts and compliance with policies.
• Cultivate positive relationships within the department to enhance collaboration and efficiency.
• Assist in hiring and onboarding of Accounts Payable Specialists to build a strong team.
• Identify and implement process improvement opportunities to enhance operational effectiveness.
• Ensure department procedures are updated and adhered to in line with governance standards.
• Manage the 1099 process, ensuring timely and accurate completion.
• Research and resolve accounting issues related to teammate and vendor payments.
• Support onboarding activities for new entities during acquisitions or legal entity creation.

Supervisor – Accounts Payable Job Requirements

• Bachelor of Arts (BA) degree in accounting or equivalent work experience required.
• Minimum of four years of experience in accounting or accounts payable, preferably within a financial institution.
• Demonstrated leadership skills with the ability to guide and support team members effectively.
• Proficiency in automated accounts payable systems; experience with Concur is preferred.
• Advanced math and accounting skills, coupled with basic analytical and problem-solving capabilities.
• Moderate PC skills including proficiency in Microsoft Office and Excel.
• Excellent written, oral, and interpersonal communication skills for effective collaboration.
• Flexibility and adaptability to change, with a willingness to learn quickly.
• Commitment to compliance with applicable laws and regulations governing bank operations.