Accounts Payable Team Leader

Job Title: Accounts Payable Team Leader

Location: Norwood, MA 02062

Department: Finance

Reports To: Controller

FLSA Status: Exempt

Job Summary:

The Accounts Payable Team Leader is responsible for ensuring the successful management and operation of the Accounts Payable function and the Accounting Specialists. The Accounts Payable Team Leader will provide oversight, guidance and training to Accounting Specialists to ensure that all accounting and financial requirements are fulfilled on a monthly, quarterly and annual basis. This position will be responsible for providing support and answering questions from Senior Management and Partners and provide support to Accounts Payable staff for audits and other projects as needed.

Duties and Responsibilities:

· The following essential functions are the fundamental job duties of the position to be completed with or without appropriate reasonable accommodation.

• Oversee the daily operations of the Accounts Payable Department, including management of the monthly financial close process and related accounting activities.
• Prepare and review complete, accurate, and timely monthly financial statements and supporting schedules.
• Ensure accounting practices, procedures, and financial reporting are performed in accordance with Generally Accepted Accounting Principles (GAAP), company policies, and established internal controls.
• Maintain complete and accurate accounting records and documentation to support legal, regulatory, compliance, and audit requirements.
• Assist in the preparation of annual operating budgets, capital budgets, and financial forecasts.
• Monitor and analyze monthly operating results, identifying variances from budget and forecast and providing recommendations for corrective action when necessary.
• Support the Controller in the preparation and completion of annual financial audits, tax filings, and other external reporting requirements.
• Supervise, mentor, and develop accounting staff, including performance management, goal setting, training, coaching, and annual evaluations.
• Develop and deliver training programs for community-based staff, department managers, and new hires on financial processes, policies, and reporting requirements.
• Identify opportunities to improve financial processes, reporting accuracy, efficiencies, and internal controls.
• Collaborate with operational leaders and department managers to ensure accurate financial reporting and effective financial management practices.
• Perform special projects and other duties as assigned to support departmental and organizational objectives.