One of Vaco’s legacy clients in business for over 50 years is on the hunt for an Accounts Payable Director to report to the VP of Shared Services. It’s a privately held company with global and domestic locations and the role will oversee a team of 20-30, including a mix of Managers, Supervisors, and Specialists (contract + perm.)

• Direct the Accounts Payable team to provide accurate and timely processing of disbursements of obligations to vendors.
• Oversee the hiring, training, assigning, counseling, disciplining, terminating, and directing of staff and perform annual merit reviews in a timely manner
• Interact with upper management and external customers on a regular basis as well as other internal customer departments to integrate solutions that meet the company’s goals both financially and operationally
• Establish, enforce, monitor, and update the internal controls, policies, and procedures to protect the assets of the company, comply with regulatory requirements, and meet demands of the growth of the business as needed
• Responsible for planning and design of Accounts Payable to accommodate new volume, changes in technology, and compliance matters
• Improve AP procedures, processes, and staff productivity by monitoring department metrics against published benchmarks and assessment against AP best practices
• Responsible for the integrity of the Accounts Payable vendor master files, including proper controls around new vendor setup and maintenance
• Oversee the proper identification of 1099 vendors and accurate and timely reporting as required by the IRS

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