Description
Accounts Payable Lead
Location: Lexington, KY
At BCN we are committed to a work setting that treats all team members with fairness, dignity, and respect. We offer our team members an opportunity to grow, to develop professionally, and to work in a team environment. You can help our team make a lasting difference for our families. Join #TeamBCN where your work matters and your time is valued.
We Offer:
- Competitive Pay
- Comprehensive benefits package
- Autonomy in your workday
- Flexible Schedules to support work/life balance (select positions)
- Mileage Reimbursement for work-related driving
- Up to 24 days of PTO accrued within the first year of employment
- 8 Paid Holidays (including day after Thanksgiving and Christmas Eve)
- Educational Assistance up to $3,000 per year & College Tuition Discounts
- Free Continuing Education Credits
About the role:
The Accounts Payable Lead is responsible for overseeing the day-to-day operations of the accounts payable team, ensuring timely and accurate processing of invoices, expense reports, and vendor payments. This role serves as a liaison between the Accounts Payable (AP) team, internal departments and vendors, while also supporting process improvements, training and compliance with company policies and accounting standards.
Accounts Payable Lead Position Duties & Responsibilities:
- Leads and supports the AP team in processing invoices and payments.
- Reviews and verifies invoices and payments for accuracy, appropriate documentation, approvals and proper account coding.
- Manages the review, coding, and reconciliation of corporate credit card transactions to ensure accuracy, proper documentation, and alignment with company expense policies.
- Ensures timely payments to vendors in accordance with agreed-upon terms.
- Acts as the primary point of contact for internal teams and vendors responding to and resolving discrepancies timely.
- Works with vendors to increase ACH payment utilization.
- Monitors AP aging reports and escalates issues as needed.
- Monitors cash needs and collaborates with the finance team on weekly cash requirements.
- Assists in month and year-end processes including accruals and reporting.
- Trains and mentors AP staff by providing feedback and guidance.
- Identifies opportunities for process improvement and automation and supports implementation of new processes, programs and best practices.
- Supports internal and external audits by preparing documentation as necessary.
- Completes timely bank deposits as needed.
- Ensures compliance with internal controls and company policies and procedures.
- As needed, supports mergers, acquisitions, and incoming affiliations through due diligence and integration planning.
Requirements
- High school diploma required.
- Some college coursework in business preferred.
- Previous experience managing a team preferred.
- 5-10 years of general office experience preferred.
- 4-5 years of bookkeeping or accounts payable experience required.
- Proficiency in required computer skills including Microsoft Office Suite
