Associate Director, Global Accounts Payable

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Cover Genius

💵 $147k-$203k
📍Remote - United States

Job highlights

Summary

Join Cover Genius, a leading insurtech company, as the Associate Director, Global Accounts Payable. Reporting to the Senior Director, Global Financial Operations, you will lead and manage the global Accounts Payable team, ensuring efficient and accurate processing of vendor invoices and expenses. You will be the key point of contact for internal and external stakeholders, collaborating with the Procurement team and acting as an escalation point for issue resolution. This role requires strong leadership, financial expertise, and a customer-oriented approach. You will play a crucial role in building a successful Global Accounts Payable organization and contributing to Cover Genius's continued growth. The position offers a competitive salary and benefits package, including flexible PTO and employee stock options.

Requirements

  • Ten plus years of progressively responsible accounts payable experience in large, complex publicly listed organizations
  • Familiarity with revenue accounting across multiple jurisdictions, preferably working with highly complex revenue models
  • A minimum of 5 (five) years of management experience with a team of reports, with specific experience managing a team in multiple geographies
  • A proven people leader who can also operate independently  with experience in delivering projects end-to-end
  • Strong stakeholder business partnering capability
  • Must be proactive and be able to work well independently and partner with procurement, revenue accounting, reporting, FP&A, Tax and Treasury Teams
  • Team building and team leadership
  • Must show initiative
  • Proficiency with Microsoft Excel

Responsibilities

  • Provides Leadership and Manages the Accounts Payable function for Cover Genius
  • Oversee vendor master file maintenance, including oversight of vendor set up process and ongoing maintenance
  • Lead the timely and accurate processing of vendor invoices
  • Accounting and period end close as it relates to vendor accounts payable and T&E
  • Vendor relations including establishing an AP help desk
  • Monitor the invoice processing activities, and proactively manage any issues impacting the accuracy or timeliness of vendor payments
  • Act as the “face” of the Accounts Payable team, and exhibit a high degree of customer service for internal “customers / business partners” across the organization
  • Acts as the focal point for any performance issues / challenges that are escalated for resolution both within Cover Genius (e.g. Buyers, Procurement) and external suppliers
  • Lead the support to Employees on T&E reimbursements serving as point of contact for escalations unresolved by AP Staff
  • Develops Expense related procedures and policies to ensure adherence to company guidelines
  • Develops and monitors compliance with all financial and accounting policies, including Delegation of Authority (DoA) at all locations to ensure all payments are properly authorized
  • Maintains internal control procedures and financial accountability, including ICFRs as they relate to expenses
  • Manages monthly closing of AP and posting of month-end information and ensures the accuracy of financial statements including timely completion of Account Reconciliations
  • Works closely with the External Auditor as part of their quarterly review / annual audit and is responsible for the preparation/review of audit schedules prepared in Floqast, up to and including a monthly Accounts Payable Aging report
  • Responsible for the performance of the geographically distributed AP team, including development, training and promotion/recruitment/terminations
  • Leads and participates in special projects as required
  • Partner with Global Tax Director to ensure pass-through taxes, such as VAT, GST, US Sales Tax, are reflected correctly
  • Partner with the Global Treasury and FP&A Teams in providing support for cash outflows, eg support on cashflow forecasting
  • Recommending and driving improvement to processes, systems, and control frameworks

Preferred Qualifications

  • NetSuite, Coupa and Navan experience preferred
  • Insurance/Financial Services experience a bonus but not a requirement

Benefits

  • Flexible PTO. Taking time out is important for our teams to enjoy life and stay fresh
  • Employee Stock Options - we want our people to share in our success, we reward them with ownership for their contribution in creating a world-class company
  • Work with like-minded people who are passionate about both the work we're doing and giving back. Our CG Gives programs enables us to all become philanthropists through our peer recognition and rewards system
  • Social Initiatives - pictures speak a thousand words!

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