Senior Accounts Payable Associate

Group 1001 • Waltham, MA

1d • Remote

About The Position

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees. Why This Role Matters: This is a senior-level Accounts Payable Specialist role with leadership and oversight responsibilities, designed for an experienced finance professional ready to make a meaningful impact within a complex, multi-entity organization. The role is responsible for managing high-volume cash disbursements, leading, and mentoring a team of AP professionals, and ensuring accuracy, timeliness, and compliance across all payable’s operations. You’ll operate within a complex insurance environment spanning life insurance, annuity, property & casualty, and health lines of business, requiring a thorough understanding of industry-specific processes and regulatory requirements. This role is a key contributor to financial controls and compliance in Group 1001 and plays a critical part supporting multiple legal entities and maintaining the integrity of the organization's financial reporting and disbursement processes.

Requirements

• 7+ years of progressive AP experience, including at least 2 years in a lead or supervisory capacity
• Bachelor’s degree in accounting, finance, or related field
• Experience managing high-volume invoice processing
• Experience supporting multiple legal entities, preferably within insurance (life, annuity, property & casualty, and health)
• Strong understanding of internal controls over disbursements and fraud prevention
• Experience supporting monthly close processes including accruals and reconciliations
• Experience managing or supporting internal and external audits
• Proficient in Workday AP and advanced Excel skills

Responsibilities

• Manage and process high-volume AP operations across multiple entities
• Lead and provide oversight of AP team members including reviewing, mentoring, and ensuring accuracy and timeliness
• Oversee and execute vendor payments, ensuring accurate and timely disbursement of funds in compliance with company policies
• Maintain and strengthen internal controls over cash disbursements and AP processes to ensure compliance with regulatory requirements
• Support the monthly financial close process, including AP accruals, reconciliations, and journal entries
• Manage and support internal and external audit processes, including preparation of audit schedules and responding to auditor inquiries
• Assist with 1099 reporting, vendor reviews, and year-end compliance activities
• Identify and implement process improvements to enhance scalability of AP function.
• Be the point person for accounts payable onboarding and integration when new legal entities are added to the holding company structure.

Benefits

• Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package.
• Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.
• Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability.
• All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required.
• Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 501-1,000 employees