Director of Accounts Payable & Accounts Receivable

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Remote

Remote

keywords: summary,job description,management,operations,performance,consulting,compliance,education,experience,skills,knowledge

Regular Full-Time

$110,000 to $150,000 annually, based on experience

Overview: We&rsquo;re always looking for talent that believes in having fun. At PENN Entertainment, you&rsquo;ll get to be a part of an exciting industry, where the days and nights are fast paced. You&rsquo;ll work with an incredibly diverse set of coworkers driven by their enthusiasm for helping people find and have more fun. You&rsquo;ll also get to work at a company that cares about your career growth and will help you get the support you need to expand your possibilities.<br /> <br /> Initial placement within the salary range is based on an individual's relevant knowledge, skills, and experience. Base salary is just one component of our competitive Total Rewards package, which includes wellness programs designed to support our team members' financial, physical, and mental well-being. Specific benefits&mdash;such as day-one medical coverage, 401(k) matching, and annual performance bonus&mdash;may vary by position. Paid time off is earned according to the local policy and increases with the length of employment.<br /> <br /> <p>Click&nbsp;<a href="https://www.pennentertainment.com/corp/careers/life-at-penn" target="_blank" rel="noopener noreferrer">HERE</a>&nbsp;to discover how we empower team members to grow, thrive, and advance in their careers.<br /><br />The Director of Accounts Payable and Accounts Receivable oversees and provides leadership for the Accounts Payable (AP) and Accounts Receivable (AR) organizations. This individual will also promote best practices and standardization throughout the organization. The Director of AP/AR will be responsible for the development and execution of Accounts Payable and Accounts Receivable and providing direction to all locations. This includes collaboration with Las Vegas Shared Service Accounting, Property Accounting, and Property Finance on Accounts Payable and receivable activities. A primary focus for this leader will be to seek out best practices within the industry and implement them consistently while gaining efficiencies through standardization.</p>
Responsibilities: <ul> <li>Analyze processes, team member talents, and organizational structure to create the most efficient, effective team possible</li> <li>Ensure critical daily, weekly, month-end, and other requirements are met consistently</li> <li>Manage projects, ensuring the right resources are devoted to completing them effectively and that the results are achieved</li> <li>Establish best practices and technical guidelines for finance and operations team members related to the technical fields of AP and AR</li> <li>Own and manage the development and execution of plans based on operational needs and priorities</li> <li>Organize and host recurring meetings/conference calls with property Leadership regarding AP/AR opportunities</li> <li>Evaluate and enhance processes for efficiency and internal control</li> <li>Understand and incorporate regulatory requirements into plans as needed and by property</li> <li>Implement and support new technology initiatives</li> <li>Act as a champion and change agent for driving positive culture change and improving operational efficiencies using existing and new processes</li> <li>Support and serve as subject matter expert on all aspects of Accounts Payable and Accounts Receivable</li> <li>Experience managing 3rd party processing relationships</li> <li>Provide recommendations for best practices and implement recommendations at all PENN properties throughout the enterprise and corporate</li> <li>Create standard operating procedures, key performance indicators, and service level agreements for the Accounts Payable and Accounts Receivable organization</li> <li>Create and maintain training and certifications for all standardized processes</li> <li>Guide standards, methodologies, tools, and knowledge repositories</li> <li>Continue governance and oversight of all programs with periodic reviews to ensure best practices continue to be followed</li> <li>Hold business partners accountable by setting expectations and ensuring delivery of the outcomes</li> </ul>
Requirements: <p>To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements below represent the required knowledge, skill, and/or ability. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. Must be at least 21 years of age.</p> <ul> <li>Ability to work in a changing environment and continually improve processes.</li> <li>Solid verbal and written communication skills.</li> <li>Ability to supervise a remote staff of more than twenty (20) individuals, as well as manage multiple 3<sup>rd</sup>&nbsp;party relationships and work closely with other department managers and staff.</li> <li>Possess sound administrative and organizational skills, decision making and multi-tasking capabilities.</li> <li>Strong experience with Oracle, Coupa, and AR systems is required.</li> <li>Experience with Stay and Sertifi is preferred but not required.</li> <li>Strong Excel skills and report writer tools to facilitate practical data mining.</li> <li>Strong knowledge and work history of accounting theory and US GAAP.</li> <li>A minimum of four (4) years of experience in managing a centralized AP/AR team.</li> <li>Strong knowledge of general accounting.</li> <li>Bachelor's degree in accounting or finance or its equivalent.</li> <li>Fluent in general ledger software systems, Excel, and Word applications.</li> <li>Previous experience in the gaming industry is preferred but not required.</li> </ul> <p><strong><u>SUPERVISORY RESPONSIBILITIES</u></strong>&nbsp;<strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</strong></p> <p>This job has supervisory responsibilities.</p> <ul> <li>Responsible for staff development and training programs.</li> <li>Responsible for rewards and recognition programs to maximize employee engagement.</li> <li>Evaluate team members within the department(s) and deliver constructive feedback to employees regarding performance.</li> <li>Determines recommendations for staffing (including interviewing and hiring) and scheduling (planning, assigning, and directing work) to meet business needs.</li> <li>Determines work procedures and expedites workflow.</li> <li>Responsible for employee performance (disciplining, coaching, counseling).</li> </ul> <p><strong><u>LANGUAGE SKILLS</u></strong></p> <p>Ability to read and interpret documents in English, such as safety rules, operating and maintenance instructions and procedure manuals. Ability to read and communicate verbally in English. Written communication skills in in English may also be required.</p> <p>&nbsp;</p> <p><strong><u>REASONING ABILITY</u></strong></p> <p>Ability to apply commonsense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.</p> <p>&nbsp;</p> <p><strong><u>CERTIFICATES, LICENSES, REGISTRATIONS</u></strong></p> <p>Employee must be able to qualify for licenses and permits required by federal, state and local regulations.</p> <br />