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Addison Group

Accounts Payable Manager

Career Insights for Accounts Payable / Receivable Manager

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Based on Illinois data

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What they do

An Accounts Payable or Receivable Manager manages accounting staff with specific responsibility for maintaining records of accounts payable (company expenses or bills to be paid) and accounts receivable (outstanding invoices or amounts owed to a company). Uses specialized accounting software to create account databases and financial reports.

$108,794 / year median in Illinois

+1% projected growth

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Job Description

Accounts Payable Manager Addison Group•3.9 Chicago, IL Job Details $105,000•$114,000 a year 12 hours ago Benefits Health insurance Dental insurance Qualifications Vendor relationship building Client relationship management Financial close processing Microsoft Excel Customer relationship building Microsoft Outlook Invoice payment processing Internal employee customer service Invoice reconciliation Microsoft Teams Accounting and finance experience Closing the books Achieving project delivery timelines Accrual accounting Financial acumen Invoice dispute resolution Financial compliance
Full Job Description Pay:
$105,000•$114,000 + 20% Bonus
Benefits:
Medical, dental, vision, 401k
Role Responsibilities:
Oversee daily SAP transactions processing and ensure accuracy Manage the AP staff, including work allocation, deadline management, recruitment, and performance appraisals Manage the period end activities to meet the required deadlines, including AP accruals, and reconciliations Manage vendor and internal customer communications, queries and issues effectively while balancing priorities of customer service, process compliance, and controls Continually identify and implement process improvements Applies comprehensive knowledge of AP systems (e.g., SAP), month-end close, and vendor management Applies expertise to oversee team execution, ensuring compliance and accuracy Oversees resolution of complex AP issues, process gaps, and exception management Drives deadline-sensitive initiatives like accruals and reconciliations Builds relationships with vendors, Procurement, and Controlling Communicates effectively with stakeholders to resolve issues and align on expectations Directly manages AP staff Allocates work, sets priorities, and provides coaching, feedback, and development opportunities Ensures team meets deadlines
Job Requirements and Experience:
Bachelor's degree in finance, accounting or other related discipline preferred Experienced knowledge of principles, practices, regulations, and procedures relating to accounts payable Minimum 5 years in accounting or finance functions, with AP experience required Prior people management preferred Proven ability to manage processes and meet deadlines Strong leadership, communication, and interpersonal skills Customer service orientation Strong organizational and time management skills SAP experience is strongly preferred Oversee in setting up new or existing utilities accounts on autopayment Review month end close activities including AP accruals, resolving Goods Receipt/Invoice Receipt discrepancies, etc Oversee new vendor set up in SAP Maintains process documentations Ability to work independently and as part of a team Strong interpersonal skills, with ability to manage customer relationships Excellent proficiency with Microsoft Office (Excel, Word, PowerPoint, Outlook) and Teams Strong organization skills and ability to coordinate multiple tasks and deliverables Motivated self-starter, goal-oriented, and strong problem-solving abilities Must be able to handle all aspects of Accounts Payable General knowledge of financial and accounting business practices Demonstrated ability in multi-tasking and interacting with other departments to accomplish goals Must be flexible, detail oriented, and possess good analytical skills This position is an office-based role with limited travel and visits to other offices and field locations Must be able to sit, walk, or stand for long durations of time Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request. IND 002-003