Director Accounts Payable

About the Role

The Director of Accounts Payable oversees and manages the efficient and accurate processing of all accounts payable transactions within the organization. This includes overall planning, organization, direction, and control of the department. The role manages day-to-day operations and strategic direction for the AP Department, ensuring compliance with company policies and procedures, and maintains strong relationships with vendors and internal stakeholders. The Director drives process improvements and leverages technology to enhance the efficiency and accuracy of the payment process.

Key responsibilities include preparing and presenting AP metrics and reports, such as aging reports, cash flow projections, and vendor spend analyses. The role monitors key performance indicators (KPIs) to track team performance and identify areas for improvement, supervises and mentors a team of accounts payable professionals, and fosters a culture of collaboration, accountability, dependability, and continuous improvement.

Responsibilities

• Oversee and manage the processing of all accounts payable transactions.
• Plan, organize, direct, and control the AP department’s operations and strategic direction.
• Ensure compliance with company policies and procedures.
• Maintain strong relationships with vendors and internal stakeholders.
• Drive process improvements and implement technology to enhance efficiency and accuracy.
• Prepare and present AP metrics, reports (e.g., aging reports, cash flow projections, vendor spend analyses).
• Monitor KPIs to track team performance and identify areas for improvement.
• Supervise, mentor, and develop a team of accounts payable professionals.
• Foster a culture of collaboration, accountability, and continuous improvement.

Requirements

• 4-year Bachelor’s Degree in a relevant field or a combination of relevant education and experience in lieu of a degree.
• Extensive accounts payable experience.
• Leadership experience in the same or a similar role.

Skills

• Excellent communication skills
• Strong interpersonal skills
• Ability to multitask
• Analytical skills
• Ability to prepare and deliver presentations
• Detail-oriented
• Problem-solving skills
• Organizational skills
• Active listening skills
• Leadership skills
• Good reasoning skills
• Strategic thinking
• Negotiation skills
• Financial and business acumen
• Delegation skills
• Change management
• Strong team player
• Service orientation

Benefits

• Generous time off
• Tuition assistance
• Comprehensive benefits package
• Instant access to earned wages throughout the pay period with Tower Advance Pay
• Employee Assistance Program
• Retirement Savings Program
• Life Insurance

About the Organization

Tower Health is a regional healthcare system serving communities across multiple counties in Pennsylvania. Its network includes Reading Hospital, Phoenixville Hospital, Pottstown Hospital, and St. Christopher’s Hospital for Children (in partnership with Drexel University). Committed to academic medicine and training, Tower Health offers various programs, including residency and fellowship programs, the Drexel University College of Medicine at Tower Health, and the Reading Hospital School of Health Sciences. The system provides a wide range of healthcare services, such as rehabilitation, home healthcare, ambulance and emergency response, medical group practices, a clinically integrated network, and urgent care facilities.