Director of Accounts Payable-Las Vegas, NV (In Office Role)
Company Background:
Our Client, based in Las Vegas, NV, is an incredibly fast growing Travel Center, Convenience Store and QSR Operator within the C-Store & Travel Center Industry.
If you're looking for a career move where the growth potential is limitless AND your experience, knowledge and insight is valued… Look no further! This amazing company has an aggressive growth plan where they have opened over 20 Travel Centers and 20 Convenience stores in the last year. That's growth!
Amazing Leadership and a Fantastic place to work!
Director of Accounts Payable
Position Summary:
The Director of Accounts Payable will lead the accounts payable team, ensuring the accurate and timely processing of all vendor invoices, payments, and expense reports. This role involves developing and implementing best practices, optimizing systems and processes, and ensuring compliance with financial policies and procedures. The Director will work closely with other departments, including Procurement, Finance, and Treasury, to support the organization's financial goals.
Key Responsibilities:
Accounts Payable Operations:
Oversee the processing of invoices, expense reports, and payment requests, ensuring accuracy and timeliness.
Ensure all accounts payable transactions are recorded in compliance with company policies and accounting standards.
Manage the month-end and year-end closing processes for accounts payable, including reconciliations and accruals.
Process Improvement:
Identify, develop, and implement process improvements to enhance efficiency, accuracy, and control within the accounts payable function.
Collaborate with IT and other departments to optimize accounts payable systems, including automation initiatives.
Monitor industry trends and best practices, applying relevant innovations to the organization's processes.
Vendor Relations:
Maintain strong relationships with vendors and suppliers, addressing any payment issues or disputes promptly.
Negotiate payment terms and contracts with vendors to optimize cash flow and financial terms.
Compliance and Risk Management:
Ensure compliance with all relevant laws, regulations, and internal policies, including tax reporting and 1099 processing.
Develop and maintain internal controls to prevent fraud and ensure the integrity of the accounts payable process.
Conduct regular audits and reviews of accounts payable activities and implement corrective actions as needed.
Reporting and Analysis:
Prepare and present regular reports on accounts payable performance, including metrics such as DPO (Days Payable Outstanding), payment accuracy, and aging reports.
Provide analysis and insights to senior management to support strategic decision-making.
Leadership:
Lead, mentor, and develop the accounts payable team, fostering a collaborative and high-performance environment.
Set goals and performance metrics for the team and monitor progress towards achieving them.
Conduct regular performance evaluations and provide constructive feedback to team members.Qualifications:
Education:
Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. A Master’s degree or CPA is preferred.
Experience:
7-10 years of experience in accounts payable or a related finance function, with at least 3-5 years in a leadership role.
Experience with NETSUITE accounting software is required.
Skills:
Strong leadership and team management skills.
Excellent analytical, problem-solving, and decision-making abilities.
In-depth knowledge of accounts payable processes, internal controls, and relevant regulations.
Proficiency in financial reporting and analysis.
Strong communication and interpersonal skills, with the ability to collaborate across departments.
Additional Requirements:
Ability to work under pressure and meet tight deadlines.
High level of integrity and attention to detail.
Strong organizational and time-management skills.
Compensation
Excellent salary (commensurate with experience), 10% Bonus, Benefits Package, 401K and much more.
#LI-SJ1
