Head of Accounts Payable

Duties and Responsibilities

Oversee and be responsible for the A/P processes including direct supervision of personnel. Responsibilities include:

Ensuring all invoices are appropriately coded;

All invoices have been approved in accordance with the manual of authority;

Back up and supporting documentation is retained to provide an effective audit trail;

Ensure the completeness and accuracy of the payables ledger;

Manage working capital and cash flow timing

Review and approve Accounts Payable journal entries and Balance Sheet Account reconciliations

Develop Accounts Payable procedures as well as educate internal/external customers

Manage the transition of the Accounts Payable function from the outsourced provider to the finance function

Maintain Key Performance Indicators to identify and track accounts payable performance

File annual 1099s

Build and maintain relationships with vendors, including researching and resolving complex payment and vendor issues

Ensure funds are disbursed timely and recorded in accordance with Generally Accepted Accounting Principles

Implement changes to improve productivity and increase efficiency

Participate in all Audits and maintain strong relationships with external auditors

Maintain full involvement with the hiring of department personnel

Responsible for the supervision, training and development of direct reports and provide assistance in supervising indirect reports as needed

Responsible for exhibiting professional behavior and complying with company policies and applicable laws and regulations

Job Requirements

Minimum Qualifications

ERP system experience required; EXCALIBUR and DocVue preferred

Demonstrated written & oral communication skills

Proficient in MS Office Suite

Education and Experience

Bachelors Degree in Finance or Accounting preferred

5+ years Accounting experience required,

Oil & Gas experience required

Prior supervisory experience required