Director of AP& AR

job summary:
We are partnering with a dynamic organization here in the White Plains area looking to hire a Director of AP and AR. The Director will oversees all cash-flow operations for the business, ensuring compliant, timely, and accurate financial transactions. This role drives process enhancements to optimize cash planning and distributor relations. The ideal candidate brings specialized experience in international wine and spirits importation to a complex, multi-entity environment.

location: White Plains, New York
job type: Permanent
salary: $125,000 - 150,000 per year
work hours: 9 to 5
education: Bachelor's degree
experience: 8 Years


responsibilities:

• Ensure on time and accurate payment of invoices and professional response to vendor payment inquiries
• Carry out reconciliation, payment, and dispute resolution with distributors
• Proactively identify key trends and variances impacting cash flow, clean books, and vendor service
• Continually review payment planning and forecasting to improve cash position, efficiency metrics, financial ratios; including establishing staff responsibilities, payment parameters, and setting measurable goals
• Effectively drive a culture of collaboration, accountability, and vendor service
• Direct management of 3 team members, including interviewing, hiring and termination, performance management, coaching, and mentoring
• Provide guidance to the team with technical assistance on systems, and support staff with complex problem solving and troubleshooting.
• Audit work of the team to maintain efficiency and accuracy
• Alert executive management to irregularities, trends, and areas of concern with supplier payments, AR agings and cash flow
• Identify borrowing requirements if necessary; propose and implement treasury solutions
• Maintain accurate vendor master data, annual customer credit limit reviews, and credit applications
• Internal loan & interest management
• Run, review, and analyze department reporting systems and provide assessment and feedback of current Key Performance Indicator (KPI) outcomes for the department to staff, and senior leadership
• Ensure proper coding procedures are set and executed for invoices and ensure US GAAP accounting is followed
• Maintain financial information for historical purposes and in accordance with company policies. This includes invoices, documentation, bank information, W9s etc.
• Create Standard Operating Procedures and training manuals for payables & receivables functions
• Manage, prepare and file annual 1099s timely.
• Lead month-end close review and completion for payables & receivables tasks
• Support in external audits
• Ad hoc projects as needed

qualifications:

• Required Education and Experience:
• BA/BS degree
• Required experience 10+ years in Accounting/AP/AR; Beverage Alcohol Industry is a plus
• SAP experience preferred
• Knowledge of Concur Invoice is a plus
• Ability to work well with leadership and across multiple departments
• Excellent organizational/project management skills
• Polished communication skills and written skills
• Proficiency in Microsoft Excel, PowerPoint, and Word

skills: Cash Forecasting/Cash Flow


Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact [email protected].


Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including health, an incentive and recognition program, and 401K contribution (all benefits are based on eligibility).


This posting is open for thirty (30) days.