SUMMARY
Our long-standing client, located in Washington DC, offers this tremendous leadership opportunity to make an impact on the enterprise.
The Director of Accounts Payable will oversee Accounts Payable management and staff and is responsible
for all aspects of accounts payable and expense disbursements. In this role, the Director of Accounts
Payable is responsible for the overall strategic planning, organization of the team, along with overseeing
all accounts payable activities with a focus to streamline processes. This position is hands on and works
closely with accounts payable staff to ensure accurate, efficient, and effective operations. The Director
of Accounts Payable should possess a deep understanding of today’s dynamic payments environment,
best practices, and US GAAP.
ESSENTIAL FUNCTIONS
• Ensures that vendor invoices are processed timely, accurately, and recorded in the correct periods.
• Responsible for ensuring timeliness and accuracy of accounts payable deliverables, including but not
limited to the monthly close and associated financial reporting activities.
• Manages the timely development and preparation of complex schedules; monthly, quarterly, and
annual reconciliations; journal entries; and audit documentation based on a thorough understanding of
financial systems, accounting policies and US GAAP.
• Drives required changes to move away from manual to automated processes, including the associated
training and organizational changes.
• Implements remediation activities to address audit findings and formulates communications,
procedures, training, and guidelines.
• Oversees and supports system implementation/upgrade activities applicable to accounts payable.
Drives the requirements gathering, development and testing of new systems or functionality.
• Oversees all accounts payable activities and drive strategy for streamlining activities and measuring
the team’s performance.
• Ensures timely and accurate processing of annual 1099 forms.
• Responsible for accurately and timely performing tasks in the absence of or to support Accounts
Payable manager and staff.
• Manages and supervises subordinate staff to include establishing specific and measurable
performance plans, recommending applicant selection for hiring, undertaking necessary disciplinary
actions, resolving grievances and difficult personnel and task related problems, directing the accurate
and timely completion of work, and ensuring appropriate training is provided in achieving branch goals.
• Promotes staff retention, succession planning and employee growth.
• Ensures appropriate management support is provided and that proper training and cross training is
completed in a timely fashion.
• Directs the development and reporting on performance metrics to measure staff performance and
the accuracy and timeliness of processed transactions.
• Responsible for ensuring the validity and maintenance of data input into the financial systems related
to accounts payable.
• Reviews, analyzes, and develops recommendations to support actions, policies, and management
decisions pertaining to complex accounting and audit issues.
• Ensures accounts payable activities are in compliance with internal policies and best practices by
regularly reviewing the policies and revising them as needed.
• Implements adequate internal controls to provide reasonable assurance of accurate payments and
accounting records.
• Develops, implements, and oversees a comprehensive improper payments program.
BUDGETARY RESPONSIBILITY
This job has responsibility for authorizing payments, purchases, check requests, reconciling the ledger
for the department or other such activities. This job has direct responsibility for project or department
budgets.
SUPERVISION
Supervisory Responsibilities:
Guides work of others who perform essentially the same work.
Supervises work of others, including planning, assigning, and scheduling work, reviewing work, and
ensuring quality standards, training staff, and overseeing their productivity.
Is responsible for hiring, terminating, training, and developing, reviewing performance, and
administering corrective action for staff.
Plans organizational structure and job content.
KNOWLEDGE
• Knowledge of, and ability to remain abreast of US GAAP, to interpret and apply the appropriate
standards to the Authority’s financial reports.
• Strong knowledge of accounts payable best practices and requirements.
• Knowledge of principles and practices of management and accounting analysis.
• Experience in validating, analyzing, and preparing accounting results that will be useful to
management in making informed and timely decisions.
• Proficient knowledge of automated financial systems and financial systems and reporting tools, to aid
in analyses and to assist in the presentation of financial information to management.
SKILLS
• Skilled at establishing and maintaining effective working relationships and dealing in a customeroriented, business-like, and professional manner with whom interface is required.
• Skilled in the use of Microsoft products including advanced Excel skills and Word Desirable proficiency
in creating forms using Adobe Acrobat.
• Strong written and oral communication skills.
• Skilled at documenting accounting related policies and procedures.
• Strong analytic skills and attention to detail; able to identify relationships, trends, and anomalies.
ABILITIES
• Demonstrate ability to communicate effectively, especially in stressful environments and to
effectively interface with other technical and non-technical personnel, internal and external to the
Authority.
• Demonstrate ability to work effectively independently and as part of a team, and to adapt to change
in dynamic environments and multitask effectively.
• Ability to take the lead on identifying new processes and exploring new capabilities with existing
technology to meet future business needs.
• Ability to accomplish commitments towards goals and objectives and to contribute to a positive work
environment.
• Ability to exercise professional judgement and assume responsibilities for decisions and work
products.
• Ability to operate in an often ambiguous and high-pressure work environment, and deal with
interpersonal conflict, stressful work conditions and rejection by coping in a mature, problem-solving,
solutions-oriented manner.
MACHINES, TOOLS, EQUIPMENT, SOFTWARE, AND HARDWARE REQUIRED:
• Microsoft Office Suite (Word, Excel, PowerPoint)
• Adobe Acrobat • Creating forms using Adobe Acrobat
MINIMUM QUALIFICATIONS
Education
• Bachelor’s Degree in Accounting, finance, information technology, public administration,
or other related business field.
Experience
• Minimum ten years of overall experience working in accounting operations,
planning/execution, financial management and/or management analysis in a large,
complex organization. Demonstrated experience in researching, interpreting, reporting,
and implementing the provisions of US GAAP.
• Minimum five years of experience in a supervisory role in an accounting/financial
Environment.
• Strong communications skills required to interact with senior leaders, auditors, staff, and
other departments.
Preferred
• Master’s Degree in Accounting, finance, information technology, public administration, or
related field.
TO APPLY, respond to this AD or email your resume directly to [email protected]