Senior Accounts Payable Associate

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

Why This Role Matters:

This is a senior-level Accounts Payable Specialist role with leadership and oversight responsibilities, designed for an experienced finance professional ready to make a meaningful impact within a complex, multi-entity organization. The role is responsible for managing high-volume cash disbursements, leading, and mentoring a team of AP professionals, and ensuring accuracy, timeliness, and compliance across all payable’s operations. You’ll operate within a complex insurance environment spanning life insurance, annuity, property & casualty, and health lines of business, requiring a thorough understanding of industry-specific processes and regulatory requirements. This role is a key contributor to financial controls and compliance in Group 1001 and plays a critical part supporting multiple legal entities and maintaining the integrity of the organization's financial reporting and disbursement processes.

How You’ll Contribute:

• Manage and process high-volume AP operations across multiple entities
• Lead and provide oversight of AP team members including reviewing, mentoring, and ensuring accuracy and timeliness
• Oversee and execute vendor payments, ensuring accurate and timely disbursement of funds in compliance with company policies
• Maintain and strengthen internal controls over cash disbursements and AP processes to ensure compliance with regulatory requirements
• Support the monthly financial close process, including AP accruals, reconciliations, and journal entries
• Manage and support internal and external audit processes, including preparation of audit schedules and responding to auditor inquiries
• Assist with 1099 reporting, vendor reviews, and year-end compliance activities
• Identify and implement process improvements to enhance scalability of AP function.
• Be the point person for accounts payable onboarding and integration when new legal entities are added to the holding company structure.   

What We’re Looking For:

• 7+ years of progressive AP experience, including at least 2 years in a lead or supervisory capacity
• Bachelor’s degree in accounting, finance, or related field
• Experience managing high-volume invoice processing
• Experience supporting multiple legal entities, preferably within insurance (life, annuity, property & casualty, and health)
• Strong understanding of internal controls over disbursements and fraud prevention
• Experience supporting monthly close processes including accruals and reconciliations
• Experience managing or supporting internal and external audits
• Proficient in Workday AP and advanced Excel skills

Benefits Highlights:  

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.  Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability. All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required.  Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals.  All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.