Manager, Accounts Payable

Job description

Job Description The Accounts Payable Manager oversees the organization's AP function, ensuring accurate, timely, and compliant processing of vendor invoices, payments, and expense reimbursements. This role manages a team of AP specialists, maintains internal controls, and partners with Finance, Procurement, and other departments to support smooth cash flow operations. Key Responsibilities In this opportunity as an Accounts Payable Manager, you will be responsible for: Team Management Supervise, train, and develop AP staff (invoice processors, payment specialists) Set performance goals and conduct regular reviews Allocate workload and ensure adequate coverage to meet business needs Foster a culture of accountability, customer service, and continuous improvement Accounts Payable Operations Oversee end-to-end AP cycle: invoice receipt, coding, approval routing, and payment processing Manage payment runs (checks, ACH, wire transfers) and ensure vendors are paid accurately and on time Review and approve invoices above delegated authority thresholds Oversee employee expense reimbursement processing Manage vendor master data and resolve escalated vendor disputes Vendor Management Maintain strong relationships with vendors and internal stakeholders. Resolve invoice discrepancies, payment issues, and vendor inquiries. Monitor vendor master data controls and ensure accurate supplier records. Support vendor onboarding and compliance requirements Controls & Compliance Design and enforce internal controls to prevent duplicate payments, fraud, and errors Ensure compliance with company policy, tax regulations (e.g., 1099 reporting), and audit requirements Maintain segregation of duties across the AP workflow Support internal and external audits with documentation and process walkthroughs Ensure proper recording of liabilities and accruals in accordance with applicable accounting standards. Reporting & Analysis Prepare AP aging reports, accrual schedules, and cash flow forecasts related to payables Resolve outstanding liabilities Monitor KPIs (invoice processing time, days payable outstanding, exception rates) Analyze trends and recommend process improvements Systems & Process Improvement Manage AP software/ERP systems (e.g., SAP/Ariba etc.) Identify opportunities to streamline AP processes and improve efficiency. Lead automation and efficiency initiatives (OCR invoice capture, workflow automation) Develop and maintain process documentation and standard operating procedures. Collaborate with IT/Finance on system upgrades or integrations Cross-Functional Collaboration Partner with Procurement on the policies. Work with General Ledger/Controller team on month-end close, accruals, and reconciliations Serve as point of escalation for vendor and internal stakeholder issues Work with Internal tax team(s) Required Qualifications You’re a fit for the role of an Accounts Payable Manager if you have the following required qualifications: Bachelor's degree in Accounting, Finance, or related field 5+ years of accounts payable experience, including 2+ years in a supervisory/management role Strong knowledge of IFRS, AP best practices, and internal controls Proficiency with ERP/accounting systems and Excel Excellent leadership, organizational, and communication skills Preferred Qualifications CPA, CMA, or Master’s Degree in Accounting, Finance, or related field Experience with AP automation tools; usage of AI/tools is preferred Experience in a multi-entity or shared services environment #LI-BS1 What’s in it For You? Hybrid Work Model: We’ve adopted a flexible hybrid working environment for our office-based roles while delivering a seamless experience that is digitally and physically connected. Flexibility & Work-Life Balance: Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities, whether caring for family, giving back to the community, or finding time to refresh and reset. This builds upon our flexible work arrangements, including work from anywhere for up to 8 weeks per year, empowering employees to achieve a better work-life balance. Career Development and Growth: By fostering a culture of continuous learning and skill development, we prepare our talent to tackle tomorrow’s challenges and deliver real-world solutions. Our Grow My Way programming and skills-first approach ensures you have the tools and knowledge to grow, lead, and thrive in an AI-enabled future. Industry Competitive Benefits: We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial wellbeing. Culture: Globally recognized, award-winning reputation for inclusion and belonging, flexibility, work-life balance, and more. We live by our values: Obsess over our Customers, Compete to Win, Challenge (Y)our Thinking, Act Fast / Learn Fast, and Stronger Together. Social Impact: Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually and opportunities to get involved with pro-bono consulting projects and Environmental, Social, and Governance (ESG) initiatives. Making a Real-World Impact: We are one of the few companies globally that helps its customers pursue justice, truth, and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world. In the United States, Thomson Reuters offers a comprehensive benefits package to our employees. Our benefit package includes market competitive health, dental, vision, disability, and life insurance programs, as well as a competitive 401k plan with company match. In addition, Thomson Reuters offers market leading work l