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Director, Accounts Payable

If you are ready to join a company that truly cares about its employees, our members, and our community then you have come to the right place!

Summary of Role:

Reporting to the Assistant Controller, the Accounts Payable Manager will manage the AP function and a small team of direct reports.  The position is a critical part of the accounting team.  The role includes ensuring accurate and timely processing of accounts payable, including research/resolution of vendor accounts and invoice issues, maintaining vendor records, and processing payment runs.  Ensure adequate internal controls are in place surrounding the accounts payable process.

Essential Job Functions/Responsibilities:

  • Perform and manage day-to-day full cycle accounts payable transactions to ensure accurate and timely payment processing

  • Manage payment run process

  • Prioritize and process invoices due for payments

  • Ensure proper approval of disbursements and facilitate timely payment of vendor invoices

  • Ensure appropriate verifications/approvals for invoices prior to posting

  • Administer and ensure that entered items have appropriate general ledger coding to facilitate timely payment

  • Review payable accounts to ensure that information is properly recorded and the records contain appropriate authorization for payment

  • Monitor accounts to ensure payments are up to date

  • Maintain vendor records, including obtaining W-9s from new vendors and update records with tax ID, ACH payment information, addresses, email addresses, contact information as needed, and vendor status

  • Maintain expense approval limits and corresponding system maintenance

  • Process all employee expense reports

  • Prepare 1099s for vendors

  • Coordinate with IT, the timely submission of the electronic 1099 files to the IRS Fire site

  • Communicate with internal business owners regarding any accounts payable questions and vendor matters, as needed

  • Complete vendor correspondence via email or phone to resolve issues or discrepancies

  • Establish and update policies, templates, workflows and processes around accounts payable activities

  • Perform or assist with other job duties and special projects as assigned

  • Hire, train, motivate, and evaluate accounts payable staff members

Minimum Job Qualifications:

  • 5+ years of accounts payable experience

  • Previous people management experience required

  • Associate’s Degree; Bachelor’s degree in Accounting/Finance preferred

  • Proven ability to communicate effectively, both verbally and in writing with all levels in the organization

  • Knowledgeable in working with Word, Excel, and accounting systems

Starting Compensation: $97,371-$126,582 annually, plus a competitive benefits package.

Bilingual individuals who are fluent in a second language in addition to English are highly encouraged to apply.

We are an equal opportunity employer. We do not discriminate on the basis of race, creed, color, national origin, religion, sex, age, veteran status, disability, genetic information, gender identity, or any other protected class.

Broadview FCU is committed to ensuring individuals with disabilities and/or those who have special needs participate in the workforce and are afforded equal opportunity to apply and compete for jobs. If you would like to contact us regarding the accessibility of our Website or need assistance completing the application process, please contact us at  talentacquisition@broadviewfcu.com

Average salary estimate

$111976.5 / YEARLY (est.)
min
max
$97371K
$126582K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Director, Accounts Payable, Broadview Federal Credit Union

Are you an experienced accounts payable professional seeking a new leadership opportunity? Look no further! Broadview FCU is excited to announce an opening for a Director of Accounts Payable, located in Albany, New York. In this dynamic role, you'll report directly to the Assistant Controller and oversee our dedicated AP team. Your day-to-day responsibilities will include managing the entire accounts payable process, from processing invoices to ensuring timely vendor payments. You'll play a pivotal role in maintaining accurate vendor records, resolving account discrepancies, and establishing strong internal controls. As the Director of Accounts Payable, you'll prioritize invoices, facilitate payment schedules, and communicate effectively with both our internal teams and external vendors. Our ideal candidate has 5+ years of accounts payable experience, solid people management skills, and a background in accounting or finance. At Broadview FCU, we genuinely care about our employees and the community we serve, offering a competitive salary and a rich benefits package. If you’re ready to make a difference with a company that values its team members, we want to hear from you!

Frequently Asked Questions (FAQs) for Director, Accounts Payable Role at Broadview Federal Credit Union
What are the primary responsibilities of the Director of Accounts Payable at Broadview FCU?

The Director of Accounts Payable at Broadview FCU is responsible for overseeing all aspects of accounts payable transactions, ensuring timely and accurate payment processing, managing a small team, maintaining vendor records, processing payment runs, and establishing internal controls to safeguard the accounts payable function.

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What qualifications are required for the Director of Accounts Payable position at Broadview FCU?

To qualify for the Director of Accounts Payable position at Broadview FCU, candidates should have 5+ years of accounts payable experience, previous people management experience, and ideally a Bachelor’s degree in Accounting or Finance. Strong communication skills and proficiency in accounting software are also essential.

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What does the compensation package look like for the Director of Accounts Payable at Broadview FCU?

The compensation package for the Director of Accounts Payable at Broadview FCU ranges from $97,371 to $126,582 annually, alongside a competitive benefits package that values employee contributions and engagement.

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Is Broadview FCU an equal opportunity employer for the Director of Accounts Payable role?

Yes, Broadview FCU is an equal opportunity employer. We are committed to fostering a diverse and inclusive workplace, ensuring that all qualified applicants, including individuals with disabilities, are considered for the Director of Accounts Payable position without discrimination.

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What is the working environment like for the Director of Accounts Payable at Broadview FCU?

The working environment for the Director of Accounts Payable at Broadview FCU is supportive and collaborative, focusing on employee wellness and teamwork. The organization values strong communication and provides resources for professional development, making it an ideal place for growth and contribution.

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Common Interview Questions for Director, Accounts Payable
Can you describe your experience managing accounts payable processes?

In your response, share specific experiences where you managed full-cycle accounts payable functions, including any challenges faced and how you overcame them. Emphasize your attention to detail and process improvement initiatives to demonstrate your expertise.

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How do you ensure timely payment processing for vendors?

Discuss your strategies for prioritizing invoices and establishing clear payment schedules. Include examples of systems or procedures you've implemented to monitor due dates, approvals, and vendor communications to enhance efficiency.

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What methods do you use to maintain accurate vendor records?

Explain your approach to maintaining vendor records, highlighting the importance of obtaining crucial information, such as W-9s and payment details. Discuss how you keep records organized and ensure they are kept up-to-date for compliance and operational efficiency.

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How do you handle discrepancies in vendor invoices?

Provide an example of a situation where you identified an invoice discrepancy. Describe the steps you took to investigate, communicate with the vendor, and resolve the issue swiftly while maintaining positive relationships.

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What experience do you have with accounting software and systems?

Share your familiarity with various accounting software solutions, emphasizing any specific systems you've used for accounts payable functions. Highlight your ability to adapt to new technologies and your experience in training others in their use.

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Can you explain the importance of internal controls within accounts payable?

Discuss the role of internal controls in preventing fraud and ensuring accuracy in financial reporting. Provide examples of internal controls you've implemented or maintained to safeguard the accounts payable process.

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How do you prioritize tasks on busy days with high invoice volumes?

Describe your system for prioritizing tasks based on urgency and importance. Mention any tools or techniques you use for workload management, and stress your ability to remain calm and efficient under pressure.

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How do you ensure compliance with tax regulations regarding vendor payments?

Explain your approach to adhering to IRS guidelines for vendor payments, including preparing 1099s. Discuss your experience working with tax forms and how you ensure proper documentation is in place for compliance.

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What strategies do you employ to train and motivate your accounts payable team?

Share examples of training programs or motivational strategies you've implemented to foster team development. Emphasize the importance of creating a supportive environment that encourages growth and performance excellence.

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What challenges have you faced in accounts payable management, and how did you overcome them?

Reflect on specific challenges you encountered in accounts payable management, such as staffing issues or process inefficiencies. Describe how you addressed these challenges and the positive outcomes that resulted from your solutions.

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EMPLOYMENT TYPE
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DATE POSTED
April 4, 2025

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