Accounts Payable Manager
Location:
VA - Virginia Beach
Apply nowGeneral Description: Responsible for accurate and timely disbursement of funds due to clients, P-card purchases, and vendors. Manage the Vendor Payable, Expense Reimbursement, Client Returns, and Premium Processing departments. Ensure quality standards are met with the National Accounting Center’s strategic goals.
Responsibilities:
• Accountable for management, recruitment, and development of assigned departments. Includes direct oversight of department supervisors.
• Ensure Premium Processing team processes finance contracts and remits returns to finance companies.
• Oversee department compliance with USI’s financial policy. Includes ensuring advances are properly authorized by the required employees.
• Provide oversight of Vendor Payable department to ensure timely and accurate processing. Includes payment of vendor invoices, return of client premiums, and processing of P-Card payments.
• Ensure Client Returns department completes timely processing of credit returns.
• Ensure the Expense Reimbursement team complete timely processing of expense reports.
• Manage and provide back up to Company Payables (CP) Analysts, including:
• Reconciliation and payment of surplus lines payables.
• Quarterly update of CP debit reserve allowance.
• Ensure intercompany payable transactions are cleared.
• Ensure excise tax returns filed.
• Ensure procedure documentation is kept up to date.
• Perform conversion and new software testing.
• Manage team performance through monthly scorecard calculations and quarterly reviews.
• Conduct monthly department meetings. Ensure department goals are met and timely problem resolution.
• Oversee training on account payables procedures for new acquisitions. Includes on-site training and semi-annual WebEx training for all retail offices.
• Oversee new employee training on company payables or vendor payable procedures and policies.
• Act as an expert resource for regions on vendor and client return payables matters.
• Assist Accounting Center SVP with acquisition transitions.
#LI-AL1
Knowledge, Skills and Abilities:
• 6-8 years of accounting experience required. Includes 3 years in a management capacity required; 3-4 years of insurance AP experience preferred.
• College degree in Accounting or Finance required.
• Thorough knowledge of all aspects of vendor payables policies and procedures.
• Advanced knowledge of general ledger accounting and journal entry experience.
• Experience with SAP, Concur, and Sagitta a plus.
• Working knowledge of Microsoft Office products, including Excel.
• Strong problem-solving ability and team management skills.
• 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-AL1
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:
26184