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Accounts Payable Director Job

Location(s): CO - Henderson; CO - Denver

 

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for.

 

 

Position Summary
Responsible for leading the corporate accounts payable team in the areas of invoice and transactional processing, 1099 and 1042 tax reporting, sales and use tax, vendor management processes and strategies, accounts payable metric reporting and industry benchmarking. Key driver of enterprise-wide projects including the plan to close work stream and effectively communicates results and recommendations to senior leadership. Maximizes SAP ERP software to ensure standardized, streamlined and accurate invoice processing and drives system and process improvements. Provides strong motivational leadership to a diverse team and ensures accuracy, cost effectiveness and compliance to policies, Sarbanes-Oxley requirements, utility regulations and GAAP.

Essential Responsibilities

  • Provide team leadership that emphasizes the Company’s values. Manage deadlines, set departmental goals and report on progress. Manages overall business planning, staffing, performance appraisals, and problem resolution. Develops strategies in collaboration with operations, supply chain, accounting, finance and treasury around the proper work order to payment methodologies for transactional processing and cash settlement.
  • Drive continuous improvement efforts by implementing process improvements, technology driven solutions and automation. Partner with business systems to ensure all financial systems are properly operating to capture and produce timely and accurate information.
  • Direct and review the daily operations of a high-volume accounts payable department. Ensures accurate and timely transaction execution for PO and Non-PO invoicing, service entry sheets, EDI, ERS processes. Facilitates and reviews reconciliations with vendors and performs required month-end close activities.
  • Provide oversight on master data, including creation, updates, and deletion. Approve users and user roles. Provide quality assurance of data and process confidential data and information according to company guidelines. Support initiatives for data integrity and normalization. Monitor and evaluate changes and updates to source production systems. Oversees accounts payable function performance measures and ensure performance meets or exceeds standards.
  • Develops corporate policy revisions or new policies to enhance operating requirements and to ensure conformance to laws and regulations. Understands and drives alignment with corporate sales and use tax processes, 1099 compliance requirements, cash management strategies and other utility specific regulations.
  • Act as a strategic partner with the business. Develop, implement, maintain and monitor internal controls to ensure the accuracy of our consolidated financial records and statements including compliance with Sarbanes Oxley.


Minimum Requirements

 

  • Bachelor’s degree (Accounting or Finance preferred). MBA,CPA or CMA preferred.
  • Minimum 10 years experience with 5 years managing full-cycle accounts payable and 5 years leadership experience.
  • Ability to manage multiple priorities, strong analytical skills and attention to detail, excellent written and oral communication skills.
  • Proficient in financial/accounting systems. SAP experience a plus.
  • Knowledgeable in electronic commerce such as Electronic Data Interchange (EDI), Electronic Receipt Settlement (ERS) or other automated workflow processes.
  • Experience with system automation a plus.

 

During COVID-19 Pandemic this position may require the ability to temporarily work remote within the company service territory until company protocol dictates return to the office criteria has been met. Telecommuting Policy: A plan has been created to officially rollout a hybrid work-from-home option that will take effect when it is safe to move forward to return to the workplace. This position will participate in this new policy.

 

 

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COVID-19 Vaccine Requirement
COVID-19 continues to significantly impact our employees, families and communities. With employee health and safety as our top priority, Xcel Energy requires all persons be fully vaccinated or receive a formal medical or religious accommodation prior to their start date, unless prohibited by state or local law.

 

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.
    

 

Posting Notes:  CO - Henderson || CO - Henderson; CO - Denver || United States (US) || CFO Organization || 75280:Accounts Payable || Full-Time || Non-Bargaining ||
 

The anticipated starting base pay for this position is: $116,000 to $164,666 per year

Click here to see our benefits

 

Requisition Number: 39892

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com

 

EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)


ACCESSIBILITY STATEMENT
Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

 

 

 

 

 

Our Values: One Team Powered by Many

Committed
Connected
Safe
Trustworthy


Nearest Major Market: Denver

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