Manager Accounts Payable
Webster Bank

Job Description

If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

JOB SUMMARY

Responsible for the daily operations of the accounts payable department, including managing staff and processes, and ensuring accuracy and timeliness of payments. Meet all financial deadlines and provide excellent customer service to internal/external stakeholders.

RESPONSIBILITIES

• Manage the accounts payable department and ensure timely and accurate processing of invoices, purchase orders and employee expense reports.
• Monitor and analyze accounts payable processes and systems including Oracle Cloud AP and Concur. Assume role as subject matter expert and recommend improvements to increase efficiency and accuracy.
• Collaborate with other departments, such as procurement and finance, to ensure timely and accurate payment of invoices.
• Administer the corporate credit card program and ensure compliance with all accounting and T&E policies.
• Manage vendor relationships and resolve any issues or disputes related to payments or invoices.
• Prepare and analyze accounts payable reports, including aging reports and performance metrics (KPI's).
• Train and develop accounts payable staff, including setting performance goals and conducting performance evaluations.
• Ensure accurate and timely month-end and year-end close processes for accounts payable (including 1099 reporting) and any other general ledger related tasks.
• Assist with various audits (internal, regulatory, sales & use, etc.) and provide documentation and support as needed.

QUALIFICATIONS

• Bachelor's degree in accounting or finance.
• Minimum of 5 years of experience in accounts payable or related field.
• Minimum 2 years of experience managing a team
• Strong knowledge of accounting principles and practices
• Experience with Oracle Cloud software and Microsoft Office Suite
• Excellent communication and people skills.
• Ability to manage and prioritize multiple tasks and deadlines.
• Attention to detail and accuracy.
• Experience in managing a team of accounts payable professionals.
• Experience in process improvement and implementing best practices.
• Knowledge of tax regulations and compliance requirements.
• Ability to analyze financial data and provide insights and recommendations

The estimated salary range for this position is $95,000USD to $110,000USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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