Director of Accounts Payable

We are offering a long term contract employment opportunity for a Director of Accounts Payable in Burlington, Massachusetts. This role is primarily involved in the Medical Device industry and carries out vital duties related to managing and optimizing the accounts payable function.

Responsibilities

• Oversee the daily operations of the Accounts Payable team, including the processing of vendor payments, expense reimbursements, and invoices.

• Design, implement, and manage efficient accounts payable processes, policies, and internal controls to support growth and compliance needs.

• Ensure timely and accurate closing of accounts payable ledgers each month and at year-end, including reconciliations and reporting.

• Develop and maintain strong relationships with vendors and internal stakeholders to ensure high quality service and support.

• Collaborate effectively with other teams such as Procurement, Treasury, and Accounting to align cross-functional operations.

• Identify opportunities for automation and lead the implementation of technology and tools related to accounts payable.

• Monitor key performance indicators to evaluate accounts payable performance and drive continuous improvement initiatives.

• Uphold compliance with regulations like SOX, GAAP, and other relevant tax and regulatory requirements.

• Lead, mentor, and develop a high-performing Accounts Payable team to further enhance efficiency and productivity.

• Ability to efficiently use Concur is expected.

• Proficiency in Customer Relationship Management (CRM) tools is necessary.

• Strong understanding and execution of Accounting Functions is required.

• Extensive experience in handling Accounts Payable (AP) is a must.

• Expertise in managing Accounts Receivable (AR) is expected.

• A solid background in Auditing is necessary.

• Familiarity with Budget Processes is required.

• Proficiency in SAP is a must.

• Experience in leading Finance transformation initiatives is expected.

• Proven record of Business process improvement is necessary.