Senior Manager Accounts Payable, Global Business Services

Key Responsibilities

• Lead and manage the end-to-end AP process, including invoice processing, payment runs, vendor maintenance, and reconciliations.
• Oversee month-end and year-end close activities related to AP.
• Implement process improvements to optimize payment cycles and minimize errors.
• Maintain positive vendor relationships and resolve payment discrepancies promptly.
• Develop and enforce credit policies and procedures to minimize risk and improve cash flow.
• Serve as a business partner to cross-functional teams, including Procurement, Sales, and Legal.
• Assist in audits (internal and external) and ensure compliance with SOX or other applicable standards.
• Drive systems enhancements and help implement finance technology tools (e.g., ERP, automation platforms).
• Oversee the maintenance and optimization of AP/AR systems and software, ensuring data integrity and accuracy.
• Oversee end-to-end Accounts Payable operations across multiple regions and business units (Sales, Service, Manufacturing).
• Manage AP Shared Services teams and offshore GBS teams to ensure timely and accurate invoice processing, payment execution, and issue resolution.
• Lead transformation and automation initiatives including AI, OCR, RPA, and touchless invoicing.
• Develop and enforce company P2P policies, controls, and standardized procedures in alignment with SOX, GAAP, and local statutory regulations
• Develop, Own and monitor key AP KPIs including Days Payable Outstanding (DPO), invoice cycle time, on-time payments, and discount capture, such as:
  • Days Payable Outstanding (DPO)
  • Invoice Cycle Time (PO and Non-PO)
  • % of Touchless Invoices
  • Cost Per Invoice
  • Vendor Satisfaction Score
  • Compliance Audit Findings (Zero Tolerance)
• Support internal and external audits and ensure robust audit trails and compliance documentation.
• Partner with Procurement & Sales to align supplier onboarding, payment terms, and strategic sourcing initiatives.
• Manage relationships with key vendors, resolving escalations, disputes, and exceptions.
• Collaborate with IT on ERP optimization (SAP, Oracle, etc) and workflow enhancements (Coupa, Ariba, Basware).
• Coach and develop AP team leaders, build talent pipelines, and foster a high-performance team culture.

Qualification & Requirements

• Bachelor’s degree in accounting, Finance, or a related field.
• 6+ years of experience in accounts payable, credit management or financial risk management
• 5+ years in a management position with direct reports.
• Industry experience with manufacturing and service organizations greater than 1 billion dollars in revenue. Banking or Financial background preferred
• Strong leadership, team management, and team building skills.
• Excellent analytical and problem-solving skills.
• Experience with ERP systems and advanced data analysis tools, Oracle is preferred.
• Exposure to Lean concepts and principles
• Experience working with 3rd party service providers
• Detail oriented, organized, and able to work in ambiguous environments.
• Strong communication and interpersonal skills.

Benefits

Salary Range: $115,000 to $145,000. Actual compensation for this role will depend on several factors including your qualifications, skills, competencies, geographic location, internal equity, and relevant experience. You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the plan and/or program, whereby an award, if any, may depend on various factors, including, without limitation, individual and organizational performance.

• Health, Dental, and Vision Insurance
• Life Insurance
• Critical illness, Accident, and Hospital Indemnity Insurance
• 401(k) Savings Plan
• Health Savings Account
• Leave of Absence Benefits
• Paid Time Off