Accounts Payable Manager


  • Job ID:

    4741
  • Pay rate range:

    $30/hr - $38/hr
  • City:

    Rosemont
  • State:

    IL
  • Duration:

    10/27/2024 - 10/27/2025
  • Job Type:

    Direct Hire
  • Job Description:

    Manager AP

    Rate: $70k - $80k annual salary

    Location: Rosemont, IL (Hybrid)


    The Shared Services Accounts Payable Manager plays a critical role in overseeing and optimizing the accounts payable process within the shared services environment. This position requires a strategic leader with a strong background in accounts payable management, exceptional communication skills, and a proven ability to drive results in a fast-paced, dynamic setting.


    Responsibilities

    1. Lead and manage the accounts payable team within the shared services department, providing guidance, support, and mentorship to team members.
    2. Develop and implement effective accounts payable policies, procedures, and controls to ensure accurate and timely processing of invoices, payments, and vendor inquiries.
    3. Oversee the management of vendor relationships, including vendor onboarding, invoice approval workflows, and resolution of payment discrepancies and disputes.
    4. Ensure compliance with company policies, regulatory requirements, and internal controls related to accounts payable processes, including segregation of duties and adherence to payment terms.
    5. Monitor and analyze key performance metrics, such as invoice processing time, invoice accuracy, aging reports, and cash flow projections, and take proactive measures to optimize efficiency and reduce costs.
    6. Collaborate with cross-functional teams, including operations, procurement, finance, treasury, and external auditors, to streamline processes, resolve issues, and drive continuous process improvements.
    7. Lead the implementation and optimization of accounts payable automation tools, systems, and technologies to enhance productivity, accuracy, and scalability.
    8. Conduct regular performance reviews and provide ongoing training and development opportunities to enhance the skills and capabilities of the accounts payable team.


    Requirements

    1. Bachelor's degree in finance, accounting, business administration, or a related field; advanced degree preferred.
    2. 8+ years of progressive experience in accounts payable management, preferably within a shared services or multinational environment.
    3. Strong understanding of accounts payable principles, invoice processing workflows, payment terms, and vendor management.
    4. Proven track record of successfully leading and motivating teams to achieve and exceed accounts payable targets, improve efficiency, and reduce costs.
    5. Excellent analytical skills, with the ability to interpret complex data, perform trend analysis, and draw actionable insights.
    6. Exceptional communication, negotiation, and interpersonal skills, with the ability to build strong relationships with internal and external stakeholders.
    7. Proficiency in accounts payable software, ERP systems, and process automation tools, such as SAP, Oracle, Concur, and robotic process automation (RPA) platforms.


    #LI-HYBRID #PCFA #Accounting

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