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AP & AR Supervisor

Wakefield, MA 01880

Posted: 04/23/2024 Employment Type: Direct Hire/Perm Job Category: Accounting & Finance Job Number: 615400 Is job remote?: No Country: United States

Job Description

The AP & AR Supervisor reports to the Assistant Controller, and will supervise AP and AR staff.

Performance Objectives:
  • Within the first 30 days, you will gain a solid understanding of our people, procedures, systems, and policies and become familiar with our numerous other departments, our brokers, suppliers, and employees from other TM subsidiaries.
  • Within the first 60 days, you will take on direct supervision of the Accounts Receivable staff, become familiar with the dataflow from our in house policy administration system to PeopleSoft and how this process impacts our accounts receivables and payables, and oversee the monthly closing of the accounts receivables and payables modules within PeopleSoft, adhering to the corporate closing schedule.
  • Within the first 90 days, you will take on direct supervision of the Accounts Payable staff; review and approve operating invoices, vouchers, new suppliers, and changes to existing suppliers; learn the workflows for our operating payables approval system and our travel and expense reporting process; review accounts receivable and accounts payable aging reports for unusual trends and evaluate older items; and assist in monitoring fiduciary cash balances and transfers between such accounts.

Skills & Experience:
  • 6+ years of relevant and progressive accounting experience
  • Bachelor’s degree in accounting, Finance or a related field, or the equivalent education and/or experience
  • Insurance related experience a plus
  • 3+ years of supervisory experience
  • PeopleSoft experience preferred
  • Intermediate proficiency using Microsoft Office suite
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