Accounts Payable Director

2 weeks ago


New York, New York, United States AKAM Associates Inc Full time
About AKAM Associates Inc

AKAM Associates Inc is a leading provider of financial services, offering unparalleled knowledge, industry-leading technology, and cost-saving initiatives to condominiums, cooperatives, homeowners associations, and investment properties.

Job Overview

We are seeking a highly experienced Accounts Payable Manager to oversee the full accounts payable cycle, ensuring timely and accurate payments, improving processes, and managing relationships with internal and external stakeholders.

Key Responsibilities
  • Lead, mentor, and manage accounts payable team of 12-14 team members, ensuring alignment with organizational goals.
  • Oversee the performance of an outsourced AP team, ensuring SLAs are met and compliance standards are upheld.
  • Drive continuous improvement in AP processes, ensuring high levels of accuracy, efficiency, and internal control.
  • Develop and implement policies and procedures to ensure proper financial controls and compliance with company guidelines.
  • Manage the AP function using BJ Murray, Yardi, Avid, and other key AP systems.
  • Oversee system implementations and upgrades, ensuring they meet business needs.
  • Leverage AP technology to drive automation and streamline processes.
  • Develop and maintain strong relationships with vendors to ensure timely payments and resolve any payment issues.
  • Ensure timely and accurate recording of all accounts payable transactions.
  • Oversee month-end and year-end closing processes related to AP, including 1099, accruals, journal entries, and account reconciliations.
  • Monitor and report on key performance metrics for the AP department.
  • Ensure compliance with all regulatory requirements, tax filings, and internal controls.
Requirements
  • Bachelor's degree in accounting, finance, business administration, or a related field.
  • 10+ years of progressive accounts payable experience, with at least 3-5 years in a managerial role.
  • Extensive experience with Avid, and other AP systems (required). Yardi BJM experience a plus.
  • Proven track record in managing large, high-volume AP teams, including outsourced teams.
  • Strong knowledge of AP best practices, internal controls, and regulatory requirements.
  • Exceptional leadership, communication, and problem-solving skills.
  • Ability to manage multiple priorities in a fast-paced environment and drive results.
  • Advanced proficiency in Microsoft Excel and other financial analysis tools.
What We Offer
  • Competitive salary and performance-based bonuses.
  • Comprehensive health, dental, and vision insurance.
  • Retirement savings plan with company match.
  • Opportunities for professional development and career advancement.


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