Accounting Executive Salary in White Plains, NY

Contract to Hire** 4-5 Days onsite - White Plains, NYOur client is looking for a passionate, growth-oriented team player to join their growing team!The Director of Accounts Payable (AP) & Accounts Receivable (AR) will contribute to the company's success by driving compliant, accurate, timely and consistent processes allowing for efficient, and accurate cash planning and disbursements to and from its Distributors. Responsibilities include balancing day-to-day management of the AP & AR workflows, overseeing AP/AR staff, and continuous review and enhancement of process, functions, and capabilities to improve cash flow and ensure excellent service. The ideal candidate will have AP managerial experience of a company that imports wine/spirits from an international supplier base.Ensure on time and accurate payment of invoices and professional response to vendor payment inquiriesCarry out reconciliation, payment, and dispute resolution with distributorsProactively identify key trends and variances impacting cash flow, clean books, and vendor serviceContinually review payment planning and forecasting to improve cash position, efficiency metrics, financial ratios; including establishing staff responsibilities, payment parameters, and setting measurable goalsEffectively drive a culture of collaboration, accountability, and vendor serviceDirect management of 3 team members, including interviewing, hiring and termination, performance management, coaching, and mentoringProvide guidance to the team with technical assistance on systems, and support staff with complex problem solving and troubleshooting.Audit work of the team to maintain efficiency and accuracyAlert executive management to irregularities, trends, and areas of concern with supplier payments, AR agings and cash flowIdentify borrowing requirements if necessary; propose and implement treasury solutionsMaintain accurate vendor master data, annual customer credit limit reviews, and credit applicationsInternal loan & interest managementRun, review, and analyze department reporting systems and provide assessment and feedback of current Key Performance Indicator (KPI) outcomes for the department to staff, and senior leadershipEnsure proper coding procedures are set and executed for invoices and ensure US GAAP accounting is followedMaintain financial information for historical purposes and in accordance with company policies. This includes invoices, documentation, bank information, W9s etc.Create Standard Operating Procedures and training manuals for payables & receivables functionsManage, prepare and file annual 1099s timely.Lead month-end close review and completion for payables & receivables tasksSupport in external audits

Job DescriptionIf you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer. Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!Job Summary:The Director Credit Risk Reporting is responsible for providing executive level support related to the organization's credit risk. Primary responsibilities include reporting and analytics for the management of Credit Risk, including, but not limited to, key credit metrics, risk ratings, exposures, and concentrations. The Director must prepare accurate and insightful reporting regarding the status and trends of the Bank's loan portfolio. Reports will be presented to Executive Leadership, as well as other internal and external stakeholders. The role is instrumental in supporting management decisions including credit risk appetite and loan loss reserves. The role requires a superior level of attention to detail as reports are used for external purposes.Job Responsibilities:Research and reconcile various data elements required for accurate reporting. Maintain a high level of accuracy in data quality. Thoroughly analyze data to identify anomalies. Integrate diverse and complex data sets from various sources.Work collaboratively with other colleagues to understand data gaps and build improved data extracts and quality.Utilize alternate systems to improve data quality and presentation, including Tableau, Alteryx and/or Sageworks. Understand and build any coding/development in the associated systems.Compile and analyze key credit risk indicators. Develop timely and accurate reports that are meaningful to drive business growth and make key decisions. Provide clear conclusions and highlight emerging areas of risk. Measure compliance with regulatory capital requirements and banks policies to reduce liability and risk related issues to the bank.Evaluate various loan portfolios or segments to identify trends and potential risks.Synthesize and present results, observations and recommendations to Executive leadership. Reports should be comprehensive and allow for others to monitor and proactively manage critical trends in the portfolios. Continually enhance report design and prepare professional level presentations; Streamline and automate processes and reports to drive the group's transformation.Direct the continuous transformation of databases and analytics for improved data quality and integrity.Work closely with Internal and External Stakeholders to provide key information, such as Finance/Regulatory Reporting, CECL, Credit Risk Review, and SOX.Prepare accurate information OCC requests. Communicate effectively with regulators as appropriate.Own one or more aspects of the Credit Risk group, such as concentrations, exceptions or segment reporting; Develop consistent policies and proceduresLead and manage projects as necessary to upgrade key systems and reporting tools, interfacing with technology partners. Drive discovery, develop solutions, align key stakeholders, and manage implementation steps and timelinesBuild collaborative relationships with colleagues, managers, and business partners to maximize the value and effectiveness of reports and analyses.ExperienceBachelor's Degree in Business, Finance, Accounting, Economics5+years of experience in banking or credit risk environmentStrong Excel knowledge, including pivot tables, macros, and functionsThorough knowledge of data architecture, report construction and merging multiple data sets; Familiarity with reporting tools such as Alteryx, Tableau, Sageworks, and Business Objects; Ability to learn and use new systems and software Excellent written and verbal communication skills; Research, analytical, interpretation and problem-solving skillsAbility to work with high degree of independence; Strong self-start initiative; Curious mindset for researchCapable of adapting to a rapidly changing environmentDemonstrate ethical behavior and integrity in everyday business conduct; Interact professionally with all colleaguesThe estimated salary range for this position is $120,000 USD to $140,000 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.#LI-JW1All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Job DescriptionIf you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer. Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!This Is What You Will Do (Position Summary)At Webster Bank, our financial intermediation activities are organized broadly around three distinct lines of business: the Consumer Bank, the Commercial Bank, and HSA Bank.This position will be aligned with the Commercial Bank.Commercial Banking delivers solutions to a wide range of companies, investors, government entities, and other public and private institutions. We help our clients achieve their business and financial goals through our deep expertise in Commercial & Institutional Lending, Commercial Real Estate, Capital Markets, Capital Finance and Treasury Management. Our Wealth Management team pairs holistic wealth solutions, including tailored lending, with commercial banking services, helping our clients achieve their financial goals.The Managing Director, Underwriting and Portfolio Management Team Lead will lead and contribute to a team that supports the Not-For-Profit, Law Firm Banking, and Regional Banking divisions. The group partners with relationship managers to support (i) underwriting commercial loans for not-for-profit and for-profit businesses and (ii) the ongoing portfolio management of existing lending relationships. The position will be a player/coach and will oversee the day-to-day managerial duties of the centralized UW/ PM team as well as execute and manage transactions.Responsibilities will include account level executing steps such as conducting underwriting due diligence, financial analysis of borrowers and guarantors, preparation of internal credit memos, monitoring covenant compliance, risk ratings and credit quality of the portfolio, as well as managerial responsibilities, including prioritizing and coordinating the activities of the division, supporting the completion of underwriting credit approval memos and periodic memos, and ensuring the team completes timely and accurate updates of clients' financial data in Webster Bank's credit systems of record.You Will Be Responsible For (Major Duties and Responsibilities)Underwriting Prioritize, direct, and coordinate the activities of the division to ensure exceptional and efficient credit execution.Lead underwriting due diligence, partner with relationship managers, draft and help team produce high-quality credit approval documents. Documents will thoroughly review operating performance to plan and prior year, assess current and expected financial condition, identify and analyze all risks and mitigating factors, identify variances to policy/procedures and assign accurate risk rating with appropriate justifications.Interface with clients and other stakeholders to facilitate underwriting process.Detail debt financings and company financials utilizing Excel and Webster's credit management platform, Sageworks.Support credit approval discussions.Oversee the team's loan documentation and closing process.Portfolio ManagementReview, spread, and maintain periodic financial statements, compliance certificates and borrowing base reports.Engage with borrowers' CFOs (or similar position) to get qualitative updates on performance.Ensure the team completes renewals, annual reviews, and interim analyses on a timely basis.Present internal portfolio review memos to senior credit executives at periodic meetings.Monitor the portfolio's risk grades and ensure high risk credits are tracked with the required quarterly problem asset reports.Ensure the timely completion and effective use of ticklers, covenants, document library, and other ancillary items maintained in Webster's credit system of record.Meet Credit Risk Review, Audit and OCC requirements for acceptable reviews.Execute all amendments/waivers for existing borrowers.OtherDevelop skills and knowledge of team members through effective coaching and professional development opportunities. Continuously improve the quality and consistency of the team's underwriting and portfolio administration activities.Attract, select, develop, and retain top talent while promoting and championing a diverse and inclusive culture.You Will Need To Have (EDUCATION, EXERIENCE & SKILLS)Education: Bachelor's degree; courses in accounting and finance field preferred.Experience: 10+ years of prior professional experience or equivalent; professional experience in commercial banking underwriting and/or portfolio management related position is preferred.Excellent analytic skills and attention to detail.Strong written and verbal communication skills.Strong competency in Microsoft Office suite - including Excel and PowerPoint.Good interpersonal skills with the ability to interface with relationship managers, portfolio managers, credit officers, clients, and senior management.Locations: Connecticut: Stamford; New York: Manhattan, White Plains, Jericho; New Jersey: Paramus; Option for hybrid schedule if deemed appropriate.The estimated salary range for this position is $160,000 USD to $180,000 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.#LI-EM1#LI-HYBRIDAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.