Manager Accounts Payable

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Company: Lakeshore Recycling Systems LLC

Location: Des Plaines, IL 60018

Description:

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.

Reports to:

VP of Accounting

  • Lead and manage the accounts payable team within the shared services department, providing guidance, support, and mentorship to team members.
  • Develop and implement effective accounts payable policies, procedures, and controls to ensure accurate and timely processing of invoices, payments, and vendor inquiries.
  • Oversee the management of vendor relationships, including vendor onboarding, invoice approval workflows, and resolution of payment discrepancies and disputes.
  • Ensure compliance with company policies, regulatory requirements, and internal controls related to accounts payable processes, including segregation of duties and adherence to payment terms.
  • 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.
  • Collaborate with cross-functional teams, including operations, procurement, finance, treasury, and external auditors, to streamline processes, resolve issues, and drive continuous process improvements.
  • Lead the implementation and optimization of accounts payable automation tools, systems, and technologies to enhance productivity, accuracy, and scalability.
  • Conduct regular performance reviews and provide ongoing training and development opportunities to enhance the skills and capabilities of the accounts payable team.


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

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