Accounts Payable Manager - A-CAP Services LLC

JOB TITLE:           Accounts Payable Manager

EMPLOYER:         A-CAP Services LLC

DEPARTMENT:     Finance

REPORTS TO:      Controller

LOCATION:           Onsite in Miami, FL (Brickell)

ABOUT THE COMPANY

A-CAP is a rapidly growing organization that owns and operates multiple insurance companies and ancillary insurance businesses and has over $10 billion of total invested assets. This opening is with the holding company, which primarily performs asset management, actuarial, accounting, and other oversight functions on behalf of A-CAP’s insurers and third-party clients. This group also provides strategic and operational support to A-CAP’s portfolio companies/subsidiaries, proactively formulates new investment strategies, oversees external financing and acquisition activities, and provides modeling support for insurer liabilities and capital. On the insurance product side, A-CAP’s primary lines of business are traditional fixed and equity-indexed annuities, with additional business in whole life insurance, Medicare supplement, and hospital indemnity products. A-CAP insurers originate over $2 billion of new premium annually.

ABOUT THE ROLE

The Accounts Payable Manager will oversee the entire accounts payable process, ensuring the accurate and timely processing of invoices, payments, and expense reports. This role requires strong leadership skills, a deep understanding of accounting principles, and a commitment to maintaining robust financial controls. The ideal candidate will have over five years of experience in accounts payable, with a track record of improving processes and managing a team effectively.

WHAT YOU WILL DO:

• Manage Accounts Payable Process:
  • Oversee the daily operations of the accounts payable department.
  • Ensure all invoices are processed accurately and in a timely manner.
  • Maintain and improve payment processes to ensure timely vendor payments.
• Team Leadership:
  • Lead, mentor, and develop a team of accounts payable professionals.
  • Conduct performance reviews and provide ongoing feedback and support.
  • Foster a collaborative and high-performing team environment.

• Financial Controls and Compliance:
  • Develop and enforce accounts payable policies and procedures.
  • Ensure compliance with internal controls, company policies, and regulatory requirements.
  • Coordinate with internal and external auditors as required.
• Process Improvement:
  • Identify opportunities for process improvements and implement best practices.
  • Leverage technology to enhance efficiency and accuracy in the accounts payable process.
  • Monitor key performance indicators and implement strategies to improve performance.
• Vendor Relations:
  • Manage relationships with vendors and resolve any issues or discrepancies.
  • Negotiate payment terms and agreements with suppliers.
  • Ensure vendor records are accurately maintained.
• Reporting and Analysis:
  • Prepare and analyze accounts payable reports, including aging reports and payment forecasts.
  • Provide regular updates to senior management on accounts payable status and performance.
  • Assist in the preparation of financial statements and other financial reports.

WHAT YOU WILL NEED:

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum of 5 years of experience in accounts payable
• 2 years in a supervisory or managerial role preferred.
• Strong knowledge of accounting principles and accounts payable processes.
• Proficiency with accounting software and Microsoft Office Suite, particularly Excel.
• Excellent leadership, communication, and interpersonal skills.
• Strong analytical and problem-solving abilities.
• Detail-oriented with a high degree of accuracy.
• Ability to work under pressure and meet tight deadlines.

BENEFITS:

A-CAP works hard to create a positive and supportive environment. That's why we offer great benefits to safeguard the health and well-being of our employees. Our comprehensive benefits package includes:

• Competitive salary/base pay
• Employer-sponsored medical, dental, and vision insurance
• Paid Life & AD&D Insurance (for employees and families)
• Paid Disability Insurance (STD + LTD)
• Paid Parental Leave
• Paid Vacation and Sick Leave
• Paid Holidays (13 scheduled in 2025)
• Voluntary Supplemental Insurance policies
• Safe Harbor 401(k) plan with employer match
• And other benefits and perks!

POSITION TYPE AND EXPECTED HOURS OF WORK

This is a full-time position. Days and hours of work are Monday through Friday, 9:00 a.m. to 6:00 p.m., 40 hours weekly, or as otherwise arranged with the manager of the department.

US work authorization is required.

Who We Are: http://www.acap.com/

EEO Statement

A-CAP is an Equal Opportunity Employer and does not discriminate in recruiting, hiring, promotion or any other personnel action based on the basis of race, ethnicity, national origin, color, sex, gender, gender identity or expression, sexual orientation, religion, age, disability, veteran status, or any other basis covered by appropriate law. We comply with the laws and regulations set forth in the Know Your Rights poster. All employment is decided on the basis of qualifications, merit, and business need. To request an accommodation, contact hr@acap.com and we will make every effort to respond to your request within 48 business hours to work towards a positive solution.

Disclaimer:

The above is intended to describe the general content of and requirements for the performance of this job. It should not be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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