Manager-Accounts Payable & Vendor Management

Core Specialty Insurance Services•Cincinnati, OH

13h•Hybrid

About The Position

The Accounts Payable Manager is responsible for supervising the day to day work of four AP Analysts to ensure that all technical payments (claims, reinsurance and return premiums) and non-technical payments (all administrative expenses, staff expenses, credit card payments) are paid promptly, accurately and in accordance with the weekly Accounts Payable work schedule. This role involves managing expectations of the business, working with senior members of the Finance team to refine processes, strengthen controls, and fully document a more efficient workflow. The manager will also review current end-to-end processes for all technical payments to enable recommendations and an appropriate operating model for Accounts Payable to be implemented, and enhance centralized payment procedures for all types of payments to ensure quick payment and accurate recording in the ledgers. The role requires operating in a control environment such as Sarbanes Oxley and supporting other duties as reasonably required by the Company.

Requirements

6+ years relevant accounts payable experience required.
Supervisor experience required.
Excellent written and verbal communication skills.
Excellent organizational and analytical skills.
Ability to work independently.
Ability to prioritize responsibilities and manage time effectively.
Applicants must be authorized to work for any employer in the U.S.
Unable to sponsor or take over work authorization sponsorship now or in the future for this position.

Responsibilities

Daily supervision of four Accounts Payable Analysts to ensure workload is being prioritized and addressed in the most effective manner and that all business-critical payments are being made on a timely basis.
Manage discreet parts of the payment process (approvals in Accounts Payable system, creation of payment proposals, etc.).
Provide supervision of the established business as usual processes, including prioritization of the workload of each team member.
Perform hands on work with specific parts of the Accounts Payable process to ensure all payments are made according to schedule, where necessary.
Manage expectations of the business – point of contact for any questions and concerns.
Work with senior members of the Finance team to refine processes, strengthen controls and fully document a more efficient workflow.
Continue to review current end-to-end processes for all technical payments (claims, outwards reinsurance premiums, return premiums, internal transfers and other payments to brokers) to enable recommendations to be developed and actioned and an appropriate operating model for Accounts Payable to be implemented.
Continue to enhance centralized payment procedures for all types of payments to ensure quick payment and accurate recording in the ledgers.
Continue to enhance KPIs for monitoring performance so as to mitigate risk.
Interact with Underwriting, Operations, Finance and other business areas of the organization.
Operate in a control environment such as Sarbanes Oxley.
Support other duties from time to time as the Company may reasonably require.