Head of Accounts Payable

Head of Accounts Payable
The Head of Accounts Payable is a strategic leadership role responsible for managing the entire accounts payable and expense reimbursement functions at EverBank. This position ensures the accurate and timely payment of vendor invoices, compliance with financial policies, and the optimization of the accounts payable process. The Head of Accounts Payable leads the accounts payable team, drives process improvements, and collaborates with various departments to ensure efficiency and accuracy in accounts payable operations. The role requires a deep understanding of financial controls, regulatory compliance, and a proactive approach to managing a large volume of transactions. This individual also leads the implementation of a technology solution to automate multiple manual A/P functions.

Key Responsibilities and Duties

• Leads, mentors, and manages the Accounts Payable team ensuring the team is aligned with the overall financial goals of the organization. Establishes and implements strategic goals for the accounts payable function, focusing on operational efficiency, automation, and financial accuracy. Ensures compliance with company policies, legal requirements, and financial regulations related to vendor payments.
• Oversees the end-to-end accounts payable process, including vendor payments, invoice processing, and reconciliation. Continuously evaluates and enhances accounts payable processes, implementing best practices to improve speed, accuracy, and scalability.
• Identifies opportunities for automation and technology implementation to streamline workflows, reduce manual processes, and minimize errors.
• Builds and maintains strong relationships with key vendors and suppliers, ensuring timely payments and resolving any payment discrepancies. Collaborates closely with Procurement, Finance, and other departments to ensure the smooth flow of information and alignment on financial objectives. Serves as the escalation point for any complex or high-priority accounts payable issues, including vendor disputes, payment errors, and reconciliations.
• Ensures accurate and timely financial reporting of all accounts payable transactions, including month-end and year-end close processes. Monitors cash flow and work with the treasury and finance teams to manage payment schedules and optimize working capital.
• Oversees the preparation of audit documentation and ensure compliance with internal controls and external audit requirements.
• Implements and maintains robust internal controls to safeguard against financial risks, including fraud, overpayments, and unauthorized transactions. Develops and enforces policies and procedures that ensure the integrity and security of the accounts payable function.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 5+ Years Required; 7+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
8PL

Preferred Qualifications:

• 5+ years of experience working in an Accounts Payable role.
• Knowledge and experience with AP systems (Oracle, Onbase, Financials, etc.)
• Strong analytical and critical thinking skills

This position is Hybrid. Hybrid work requires working in the office four days per week with one flexible day to work remotely.

Posting end date: 2/18/2025