Director of Accounts Payable

General Description:  Responsible for managing the Carrier Payable and Vendor Payable departments.

Responsibilities:

• Manage compliance with USI’s Advance policy to ensure any advances are properly authorized by the required employees.
• Ensure accurate and timely disbursement of funds due to carriers, intermediaries, clients, P-card purchases, and vendors.
• Calculate Carrier Debit Reserve for retail offices on a quarterly basis and follow up on any aged receivables due from the carriers.
• Manage Vendor Payable department through VP Supervisor to ensure timely and accurate payment of vendor invoices, return of client premiums, and processing of P-Card payments.
• Manages team performance through monthly scorecard calculations and quarterly reviews.
• Conducts monthly Departmental and Manager meetings to ensure department goals are met and for timely problem resolution.
• Oversees training on AP procedures for new acquisitions on-site and semi-annually via webex for all retail offices.
• Hire and oversee training of new employees on company payables or vendor payable procedures and policies.
• Acts as an expert resource for regions on company payables matters.
• Assist Corp AC CFO with acquisition transitions.
• Other projects and analysis as requested by NAC CFO or Corporate Finance.

Knowledge, Skills and Abilities:

·        College Graduate with Degree in Accounting or Finance.

·        6-8 years of accounting experience required; 3 years at a managerial level required, 3-4 years of Insurance AP experience preferred.

·        Thorough knowledge of all aspects of company and vendor payables policies and procedures.

·        Knowledge of general ledger accounting; SAP, Concur and Sagitta experience a plus.

·        MS Office and Excel proficiency required.

·        Strong knowledge of general ledger accounting and journal entry experience.

·        Strong work ethic with a defined sense of urgency.

·        Organized self-starter that works well in a team environment.

·        Strong attention to detail and retention of pertinent information.

#LI-NB2