Director of Accounts Payable

• Leadership and Management:
• Lead, mentor, and manage the accounts payable team to ensure smooth operations and high performance.
• Oversee the day-to-day activities of the AP department, ensuring that all vendor invoices, payments, and reconciliations are processed efficiently and accurately.
• Develop and implement policies and procedures to ensure AP processes are compliant with internal controls and best practices.
• Set clear performance goals for team members, monitor performance, and provide ongoing feedback and professional development.
• Vendor and Stakeholder Relations:
• Manage relationships with vendors, ensuring that payments are made timely and disputes are resolved promptly.
• Coordinate with internal departments (e.g., Procurement, Legal, and Finance) to address AP-related issues and ensure smooth interdepartmental communication.
• Collaborate with external auditors during year-end audits to ensure AP transactions are in compliance with accounting standards and regulations.
• Process Improvement and Automation:
• Identify and implement process improvements to enhance the efficiency of the AP function, reduce processing times, and minimize errors.
• Evaluate and recommend automation tools and technologies to streamline the AP workflow.
• Continuously monitor industry trends and best practices to keep the AP department operating at peak efficiency.
• Compliance and Reporting:
• Ensure compliance with tax regulations, including proper handling of 1099 filings and sales tax requirements.
• Prepare regular AP reports and KPIs for senior leadership, including cash flow forecasts, outstanding payables, and aging reports.
• Manage the month-end and year-end closing processes related to accounts payable.
• Financial Control and Accuracy:
• Oversee the reconciliation of AP accounts to the general ledger and ensure accuracy of financial statements.
• Develop and implement internal controls to safeguard company assets and prevent fraud or errors in the AP process.

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field; CPA or Master's degree preferred.
• At least 8-10 years of progressive experience in accounts payable or finance, including 5+ years in a managerial or leadership role.
• Strong knowledge of accounts payable processes, financial systems, and internal controls.
• Experience with ERP systems (e.g., SAP, Oracle, NetSuite, or similar) and automation tools is highly preferred.
• In-depth understanding of tax regulations, including sales tax and 1099 reporting requirements.
• Previous experience in process reengineering and implementing technological solutions for AP processes a plus.
• Excellent leadership, communication, and interpersonal skills.
• Strong problem-solving abilities and attention to detail.
• Ability to work under pressure and meet deadlines in a fast-paced environment.

adam.planica@pritechnology.com