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. 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 payables 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 is required
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.