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Director of Accounts Payable

Location:

VA - Virginia Beach

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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.


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USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.


Job ID:

23687

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