Accounts Payable Supervisor

Accounts Payable Supervisor Young Innovations - 2.9 Algonquin, IL Job Details $75,000 - $80,000 a year 4 hours ago Benefits Paid holidays Disability insurance Health insurance Dental insurance 401(k) Paid time off Parental leave Employee assistance program Vision insurance Qualifications Tax law compliance support Business financial process improvement Financial close processing Internal controls Financial data reconciliation Operations management Vendor management Procedural guides 5 years Regulatory compliance Bank transfers Compliance management implementation Team development Invoice payment processing Supervising experience Policy & process development Performance Improvement (PI) Managing accounting teams Mentoring Accounting and finance experience Training & development Senior level Training Financial audit support Cross-functional collaboration Associate's degree Post-merger integration Month-end close Master data management Cross-functional communication Financial compliance Performance evaluation

Full Job Description Company Summary:

At Young Innovations, we foster a dynamic environment where team members make an impact every day as part of a collaborative, inclusive culture. Together, we serve the dental profession and their patients, united in our mission of achieving a Lifetime of Oral Health™ We embrace diverse perspectives and encourage bold thinking, challenging traditional approaches with a bias for action. Whether you're looking to expand your skills or grow your career, Young is here to support your goals and continuous learning. At Young, YOU are at the core of what we do.

Position Overview:

The Accounts Payable Supervisor oversees the daily operations of the accounts payable function, leading team performance while driving continuous process improvement. This role is responsible for managing day to day AP and cash payment activities, processing corporate invoices, system and process improvements, and ensuring adherence to company policies and compliance standards. The Supervisor partners with internal stakeholders to identify efficiencies, strengthen controls, and support effective the order to cash cycle and financial accuracy. You'll like this role if: You enjoy closing the loops and seeing tangible results. You love the details, it's not just about catching errors but about improving how things flow. You are motivated by problem solving, there is always something to troubleshoot and you really enjoy moving things forward.

Why You'll Love Working Here:

Medium sized company, not too big, not too small, just enough to get things done and see your impact. Did we say benefits? Full medical, dental, vision, 401k, parental leave, paid holidays, paid time off, short & long term disability insurance, employee assistance program, and more! Who you'll work with: Partnership with accounting, finance, operations, sales and marketing and corporate administration.

What You'll Do:

Leadership & Oversight Serve as the primary contact for all accounts payable activities. Supervise and mentor the Accounts Payable team, including training, performance reviews, workload management, and professional development. Support acquisition integrations and other enterprise wide initiatives as needed. Process Development & Compliance Develop, implement, and document policies and standard operating procedures for vendor master data; invoice approval; accurate and consistent General ledger coding; and vendor payments, emphasizing structured and repeatable workflows. Prepare, review and approve payment runs, including ACH, wire transfers, and checks. Ensure compliance with tax regulations including issuing valid sales tax exemption certificates; 1099 reporting and other tax reporting. Oversee write offs, offsets, inter company transactions and balances; timely processing of invoices and follow up on debit balances on account. Assist external auditors and provide required documentation and support. Lead month end accounts payable close activities. Reconcile AP accounts, including vendor statements and aging reports. Operations & Cross Functional Collaboration Manage vendor communications related to monthly statements, invoice discrepancies, and past due invoices. Collaborate with internal departments regarding delinquent accounts, credits, returns/damages, and pricing or quantity variances. Collaborate with Procurement, Accounting, and Operations to streamline processes and improve cross departmental workflows. Identify and implement process improvements, automation opportunities, and efficiency enhancements. Other duties as assigned

What You'll Bring:

Associate's Degree Minimum 5+ years related accounts payable experience. Prior supervisory experience a plus

Compensation Range :

$75,000-80,000 The pay range reflects the minimum and maximum target for the position at the time of posting. Within the range, the compensation will be determined based on education/training, skill set, experience, and other organizational needs. Physical Requirements/Working Locations Office/Remote Environment This position is based in an office environment and is primarily sedentary in nature. It requires regular use of standard office equipment, including computers, phones, photocopiers, scanners, filing cabinets, and fax machines. Some roles may involve wearing a headset and sustained computer use for 8 or more hours per day. Employees may be required to sit, stand, or walk for extended periods, and occasional bending, lifting, or carrying items up to 50 pounds may be necessary. Young Innovations, Inc. is an Equal Opportunity Employer and E-Verify participating employer.