Accounts Payable Manager

State of MarylandBaltimore, MD
42dHybrid

About The Position

Maryland's Family and Medical Leave Insurance (FAMLI) program makes sure all workers in Maryland have paid time off for medical and family reasons. FAMLI is a social insurance system covering 2.8 million workers and 180,000 employers, delivered as a digitally native, public-facing service. We're in the early stages of building something as big and as far-reaching as unemployment insurance or a new health department. We know that delivering services primarily through a website, over the Internet, is a new way of doing business in government. The Financial Services Directorate is responsible for establishing and maintaining an efficient financial system, including internal controls and financial procedures, for the FAMLI Division. The Financial Services Directorate safeguards FAMLI funds and other assets, manages FAMLI contributions and benefits payouts, develops financial reports, prepares budgets and projections, and designs and conducts internal audits, as well as responding to external financial audits. The Accounts Payable Manager is a pivotal role within the Financial Services Directorate and the overall FAMLI Division. The Manager will oversee the Division's daily benefit payments and refunds, ensuring accuracy and efficiency in all transactions. The Accounts Payable Manager will also play an integral part in the year-end closing processes and handle special assignments as required. This position requires the financial acumen to provide insightful recommendations to various stakeholders and contribute to the overall fiscal health and operational success of FAMLI. If you are a proactive financial professional with a passion for public service, this is the job for you!�

Requirements

  • Bachelor's degree in Accounting from an accredited college or university, including or supplemented by three credit hours in auditing�
  • Four (4) years of experience examining, analyzing, and interpreting accounting systems, records, and reports by applying generally accepted accounting principles, including at least one (1) year in a supervisory capacity.�

Nice To Haves

  • Two years of experience handling Accounts Payable as a supervisor.�
  • Two years of experience preparing accounts reconciliations.�
  • Intermediate level of Excel Skills�
  • You value autonomy in your work, strive to achieve mastery in your field, and are energized by working for a mission-driven organization�
  • You're a strong and inclusive leader who works well with people�
  • You're an excellent collaborator�
  • You are excite about solving complex human and organizational issues
  • You're an organized person who has experience coordinating complex projects�
  • You're great at delegating ownership to capable people�

Responsibilities

  • Develops and implements standard procedures for the team.� Maintains effective internal controls to ensure the accuracy and reliability of FAMLI fiscal records.�
  • Managers daily benefits payouts, refunds and tax withholdings.� Ensures they are in alignment with state statutes and regulations.�
  • Maintains financial system for benefits payouts, refunds and other accounts payable transactions.�
  • Directly supervises and coordinates the activities of Benefits Payouts team staff.� This includes recruiting, daily assignment monitoring, regular employee performance evaluations, training, guidance, and directions.� Cross-training within the team is required.�
  • Manages and executes A/P related tasks for the monthly and year-end close responsibilities include accruals, journal entries, GAAP schedules, assigned reconciliations and reports.
  • Prepares financial analysis and reports on benefits payouts and refunds.�
  • Assists with internal and external financial audits.�

Benefits

  • Flexible hours and hybrid teleworking
  • Paid holidays 12-13 per year
  • Generous paid leave package (annual, sick, personal and compensatory leave)
  • State Pension ('defined benefit' plan)�
  • Tax-deferred supplemental retirement savings plans (401(k) and 457�
  • Comprehensive, subsidized health, dental and prescriptions plans with little to no deductibles, free generic prescriptions, and free preventative health services
  • Flexible Spending Account plans for Health Care and Daycare
  • State employees Credit Union

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What This Job Offers

Job Type

Full-time

Career Level

Manager

Industry

Executive, Legislative, and Other General Government Support

Number of Employees

101-250 employees

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