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Director of Accounts Payable

Hartford HealthCare
Posted 10 months ago, valid for 19 days
Location

Hartford, CT 06151, US

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • Hartford HealthCare is seeking a Director of Accounts Payable with over ten years of progressive leadership experience in accounting and payables.
  • The position involves overseeing the accounts payable function, ensuring timely vendor payments, and maintaining financial accuracy and compliance.
  • Candidates must possess a Bachelor's degree in accounting or finance and have expert-level knowledge of Generally Accepted Accounting Principles and ERP AP Systems.
  • The role requires strong analytical, problem-solving, and communication skills, with a focus on enhancing operational performance and managing vendor relationships.
  • Salary details are not specified, but the organization offers a competitive benefits program to support work/life balance.

Work where every moment matters.

Every day, more than 40,000 Hartford HealthCare colleagues come to work with one thing in common: Pride in what we do, knowing every moment matters here.  We invite you to become part of Connecticut’s most comprehensive healthcare network. 

Hartford HealthCare’s unified culture enhances access, affordability, equity and excellence. Its care-delivery system- with more than 500 locations serving 185 towns and cities- includes two tertiary-level teaching hospitals, an acute-care community teaching hospital, an acute-care hospital and trauma center, three community hospitals, a behavioral health network, a multispecialty physician group, a clinical care organization, a regional home care system, an array of senior care services, a mobile neighborhood health program and a comprehensive physical therapy and rehabilitation network. On average, Hartford HealthCare touches more than 27,000 lives every single day. The unique, system-wide Institute Model offers a unified high standard of care in crucial specialties at hospital and ambulatory sites across Connecticut offering unparalleled expertise at the most affordable cost. The institutes include: Ayer Neuroscience, Behavioral Health, Cancer, Digestive Health, Heart and Vascular, Orthopedics and Tallwood Urology & Kidney.

 

Position Summary:

The Director of Accounts Payable will oversee the entire accounts payable function, including leading the team, processing invoices, ensuring timely payments to vendors, and maintaining financial accuracy and compliance. The Director will be responsible for developing policies, improving workflows, managing vendor relationships, and ensuring adherence to healthcare-specific regulations and internal controls. The Director collaborates with other departments and is crucial for maintaining the financial health of the organization.

 

 

Key Accountabilities:

 

  • Provide leadership and vision to the team by developing both short- and long-term business planning that aligns with the organization’s goals
  • Effectively manage labor cost to enhance efficiency and effectiveness. Understand and optimize available information by monitoring productivity, evaluating existing processes, identifying opportunities for process remediation, and implementing best practice for operational performance improvement initiatives
  • Provide leadership with accurate and timely information to influence and support strategic and tactical decision making at all levels
  • Anticipate and respond to partners needs in a manner that provides added value and generates significant value
  • Assist in the preparation of various financial activities including data gathering, trending, and modeling, planning and reporting as assigned
  • Create, track, report and manage all Payables KPI's, including resolution of any pending/recurring issues
  • Fully support financial close including responding in a timely manner on any queries related to financial close
  • Ensure all vouchers are accounted in the same month, minimize and eliminate any out of period expenses
  • Proactively coordinate with suppliers/partners to ensure timely receipt of supplier invoices and accrue for any expenses for service rendered/materials received for which invoices have not been received, including accruing for stub periods
  • Ensure all group reporting and management reporting is done accurately and within deadlines
  • Ensure full compliance with internal, external, legal and regulatory standards and requirements. Ensure effective control procedures are in place and fully functioning to preclude improprieties from occurring
  • Ensure that all projects and initiatives are consistent with the organization's established policies and objectives and support internal and external audits


  • Bachelor’s degree in accounting or finance is required
  • Ten plus years of progressive leadership experience in accounting and payables
  • Expert level knowledge of Generally Accepted Accounting Principles, 1099 Filing, ERP AP Systems, internal control concepts
  • Strong consultative, analytical, research and problem-solving skills
  • Excellent interpersonal, communication, influencing and presentation skills
  • Able to effectively work with cross functional teams and other functions across the organization
  • Detail oriented, strong organizational skills and ability to work independently
  • Sense of urgency and ability to multi-task and committed to achieving deadlines
  • Experience with the financial close process and KPI management
  • Demonstrated ability to train staff for continuous improvement

We take great care of careers.

 

With locations around the state, Hartford HealthCare offers exciting opportunities for career development and growth.  Here, you are part of an organization on the cutting edge – helping to bring new technologies, breakthrough treatments and community education to countless men, women and children.  We know that a thriving organization starts with thriving employees-- we provide a competitive benefits program designed to ensure work/life balance.  Every moment matters.  And this is your moment.




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