tms · 1 week ago
Accounts Payable Manager
Chicago, IL
Full-time
Hybrid
Senior Level
5+ years exptms is a global company that unites technology, marketing, and sourcing to drive transformational change for leading brands. The Accounts Payable Manager ensures accurate and timely processing of invoices and vendor payments while leading the AP team and managing vendor relationships to drive process improvements and compliance.
AdvertisingBusiness DevelopmentMarket ResearchMarketing
Responsibilities
Oversee the Accounts Payable function to ensure timely and accurate processing of invoices, expense reports, and vendor payments
Develop and enforce company policies and procedures to ensure strong internal controls
Lead and mentor the AP team, providing training, guidance, and performance evaluations to foster professional growth
Implement process improvements and automation initiatives to enhance efficiency and reduce errors
Review and authorize all updates to the vendor master file, ensuring accuracy, completeness, and compliance with internal controls to prevent fraudulent vendor creation
Review cash forecasts, liquidity projections, and coordinate with Treasury foreign exchange requirements
Oversee and approve payment execution, confirming proper controls and sufficient cash availability before release
Manage relationships with vendors and tms departments driving quick resolution to discrepancies
Ensure compliance with tax regulations, including proper handling of 1099 reporting and other statutory requirements
Support internal and external audits by providing documentation and responding to inquiries promptly
Monitor and reconcile AP accounts, ensuring accuracy in general ledger postings and month-end close activities
Develops the team to perform at a consistently high level, sets goals in accordance with overall company goals, and conducts performance reviews for staff
Manages the company credit card program, including assisting card members with issues and reconciling balances
Helps with other ad-hoc projects as needed
Qualification
Required
5+ years of experience in accounts payable or similar accounting roles, including at least 2 years in a supervisory capacity
Bachelor's degree in accounting or finance
Deep understanding of AP processes, vendor invoice management, and payment cycles
Proven ability to hire, train, mentor, and evaluate AP staff for high performance
Excellent organizational, analytical, and problem-solving skills
Experience with platforms such as NetSuite, Oracle, JD Edwards and AP automation tools like Concur, Esker, Coupa
Outstanding written and verbal communication skills required
Proven ability to appropriately prioritize work, complete tasks within deadlines, work hands-on
Benefits
Generous Medical, Dental, Vision And Other Great Benefits
Paid parental and medical leave programs
401(k) with a company match component and profit sharing
15 days of paid time off plus company holidays
Hybrid work model
Tuition reimbursement and student loan repayment assistance
Inclusive employee resource groups
Company
tms
tms unites technology and marketing and sourcing to drive transformational change for the world’s leading brands.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Chuck McDonough
Chief Financial Officer
James Eby
Sr. Vice President, Chief Creative Officer
Company data provided by crunchbase