Associate Director, Global Accounts Payable
Cover Genius
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See open jobs at Cover Genius.See open jobs similar to "Associate Director, Global Accounts Payable" My Startup Gig.Accounting & Finance
United States · Remote
Posted on Nov 27, 2024
The Company
Cover Genius is a Series E insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, owner of Priceline, Kayak and Booking.com, Intuit, Uber, Hopper, Ryanair, Turkish Airlines, Descartes ShipRush, Zip and SeatGeek. We’re also available at Amazon, Flipkart, eBay, Wayfair and SE Asia’s largest company, Shopee. Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year.
Our team and products have been recognized with dozens of awards including by the Financial Times which ranked Cover Genius as the #1 fastest-growing company in APAC in 2020. Our diverse team across 20+ countries and many language groups commit itself to diverse cultural programs, in particular “CG Gives” which makes social entrepreneurs out of us all and funds development initiatives in global communities.
Our People are
Bold, Authentic, Purposeful and Inspired
Our People are not
Perfect, Traditional, Complacent or Cautious
About the Role
Reporting to the Senior Director, Global Financial Operations, the Associate Director, Global Accounts Payable will be responsible for the overall leadership and direction of the global Accounts Payable team. This individual is responsible for the efficient and accurate processing of vendor invoices, Travel & Expense, business credit cards as well as any associated adjustments. The Associate Director, Global Accounts Payable is the key point of contact for both external stakeholders and internal stakeholders to address any concerns or issues in a timely manner. In particular, this individual will ensure that the AP team integrates seamlessly with the Procurement team to support the joint management of both expense and merchandise suppliers from supplier set-up and maintenance as well as performance monitoring. This role will be the “face” of the AP team, and must demonstrate a high degree of customer orientation to meet the needs of internal “customers / business partners” across Cover Genius. The incumbent will be responsible for the overall quality of service delivery from AP to the organization, including acting as an escalation point to resolve and correct any issues / concerns raised by either internal customers or external vendors. This role will also form an integral part of the Finance team in providing insights into building out a successful Global Accounts Payable organization.
Key Responsibilities
- Provides Leadership and Manages the Accounts Payable function for Cover Genius
- Oversee vendor master file maintenance, including oversight of vendor set up process and ongoing maintenance
- Lead the timely and accurate processing of vendor invoices
- Accounting and period end close as it relates to vendor accounts payable and T&E
- Vendor relations including establishing an AP help desk
- Monitor the invoice processing activities, and proactively manage any issues impacting the accuracy or timeliness of vendor payments.
- Act as the “face” of the Accounts Payable team, and exhibit a high degree of customer service for internal “customers / business partners” across the organization.
- Acts as the focal point for any performance issues / challenges that are escalated for resolution both within Cover Genius (e.g. Buyers, Procurement) and external suppliers.
- Lead the support to Employees on T&E reimbursements serving as point of contact for escalations unresolved by AP Staff
- Develops Expense related procedures and policies to ensure adherence to company guidelines.
- Develops and monitors compliance with all financial and accounting policies, including Delegation of Authority (DoA) at all locations to ensure all payments are properly authorized.
- Maintains internal control procedures and financial accountability, including ICFRs as they relate to expenses.
- Manages monthly closing of AP and posting of month-end information and ensures the accuracy of financial statements including timely completion of Account Reconciliations.
- Works closely with the External Auditor as part of their quarterly review / annual audit and is responsible for the preparation/review of audit schedules prepared in Floqast, up to and including a monthly Accounts Payable Aging report.
- Responsible for the performance of the geographically distributed AP team, including development, training and promotion/recruitment/terminations.
- Leads and participates in special projects as required.
- Partner with Global Tax Director to ensure pass-through taxes, such as VAT, GST, US Sales Tax, are reflected correctly.
- Partner with the Global Treasury and FP&A Teams in providing support for cash outflows, eg support on cashflow forecasting.
- Recommending and driving improvement to processes, systems, and control frameworks.
Skills and Experience
- Ten plus years of progressively responsible accounts payable experience in large, complex publicly listed organizations.
- Familiarity with revenue accounting across multiple jurisdictions, preferably working with highly complex revenue models.
- A minimum of 5 (five) years of management experience with a team of reports, with specific experience managing a team in multiple geographies.
- NetSuite, Coupa and Navan experience preferred.
- A proven people leader who can also operate independently with experience in delivering projects end-to-end.
- Strong stakeholder business partnering capability.
- Must be proactive and be able to work well independently and partner with procurement, revenue accounting, reporting, FP&A, Tax and Treasury Teams.
- Team building and team leadership.
- Must show initiative.
- Insurance/Financial Services experience a bonus but not a requirement.
Proficiencies and Attributes
- Thrives on collaboration and operates with a strong internal stakeholder mentality.
- Uncanny organizational skills and the ability and drive to solve complex problems every day.
- Expert multitasker, self-prioritizer, and project manager.
- Strong ability to quickly identify both risks and opportunities while maintaining a strong focus on both process improvements and results.
- Integrity, maturity, strength of character, and professionalism.
- Ability to efficiently and accurately process high transaction volume tasks.
- Able to cope with a dynamic and high change environment.
- Takes ownership for responsibilities with a positive attitude.
- Proficiency with Microsoft Excel.
Why Cover Genius?
Cover Genius not only cares about being the best in our industry, we care about our team. We’re a business that understands life can be fluid and so we flex to ensure we provide the environment to suit that. What does that mean?
• Flexible PTO. Taking time out is important for our teams to enjoy life and stay fresh.
• Employee Stock Options - we want our people to share in our success, we reward them with ownership for their contribution in creating a world-class company.
• Work with like-minded people who are passionate about both the work we're doing and giving back. Our CG Gives programs enables us to all become philanthropists through our peer recognition and rewards system.
• Social Initiatives - pictures speak a thousand words!
Sound interesting? If you think you have the best composition of the above, send us your resume and let's chat!
* Cover Genius promotes diversity and inclusivity. We don't tolerate discrimination, demeaning treatment of anyone, or harassment due to race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.
*The cash compensation range for this role is between $147,000 and $203,000. All roles are eligible to receive equity.
This job is no longer accepting applications
See open jobs at Cover Genius.See open jobs similar to "Associate Director, Global Accounts Payable" My Startup Gig.