Supv-Accounts Payable

About the role

Direct and organize the day-to-day activities of the Accounts Payable team. Establish service levels, maintain controls, and manage risk in accordance with bank policies and procedures. Identify and assist with implementing process improvements that support scalability and operational efficiency while ensuring all supporting documentation, policies, and procedures remain accurate, current, and compliant.

Responsibilities

• Oversee day-to-day activities of Accounts Payable Specialists, including timely invoice processing, payment generation, expense payment, and recording general ledger activity.
• Process all accounts payable transactions for Atlantic Union Bankshares Corporation and subsidiaries, reviewing each request for authorization, correcting general ledger account numbers, cost centers, sales and use taxes, and applicable discounts.
• Ensure all invoices are reviewed based on control structure pre-post batch expense processing for all companies.
• Cultivate a positive working relationship within the department to identify, develop, and recommend revisions of internal standards, policies, operating procedures, and new processes to improve efficiencies. Ensure teammates are properly cross-trained to provide backup when needed.
• Assist in the hiring of Accounts Payable Specialists.
• Proactively identify and assist in implementing process improvement opportunities.
• Ensure department procedures are updated and adhered to in accordance with Enterprise Policy and Procedure Governance.
• Ensure the 1099 process is completed timely and accurately.
• Create and maintain desktop procedures for various AP functions.
• Assist with internal and external audit requests.
• Research, analyze, and resolve accounting issues involving teammate and vendor payments.
• Assist with onboarding new entities in the event of an acquisition or creation of a legal entity.
• Adhere to all applicable laws and regulations governing bank operations, including compliance with Atlantic Union Bankshares’ BSA/AML Policy and Procedures.

Requirements

• Associate degree in Accounting or equivalent work experience.
• Two or more years of Accounting or Accounts Payable experience, preferably in a financial institution.

Skills

• Demonstrated leadership skills and the ability to lead others.
• Working knowledge of an automated Accounts Payable system – Concur is preferred.
• Advanced math and moderate accounting skills.
• Basic analytical and problem-solving skills.
• Willingness to support teammates and be a team player.
• Flexible, able to adapt to change and learn quickly.
• Moderate PC skills including 10-key touch, keyboarding, Microsoft Office, Microsoft Excel, and automated accounting applications.
• Moderate written, oral, and interpersonal communication skills necessary to provide detailed information and courteous responses to teammates and vendors.

Benefits

Eligible to participate in either an applicable incentive compensation plan for the position or a discretionary profit-sharing bonus program. Comprehensive benefits package available; details can be found at Atlantic Union Bank Careers Benefits.