Accounts Payable Manager

Location US-IL-Northbrook
Job ID
2022-28217
# of Openings
1
Job Category
Accounting/Finance

 

Finance.Analysis – Abacus – Analyze It

At UL, we know why we come to work.

Thousands of us around the world wake up every day with a common purpose: to make the world a safer, more secure and sustainable place. Science is in our DNA; we are endlessly curious and passionate about seeking and speaking the truth. We take delight in knowing that our work makes a meaningful contribution to society, and we are proud that our culture is centered on integrity, collaboration, inclusion and excellence. UL stands at the forefront of technological advancement, and we are continually challenged to find new ways to foster innovation and positive change. Satisfying? Yes. Exciting? Absolutely!

What you’ll learn & achieve:

This role is hybrid out of our corporate office in Northbrook, IL

 

Responsible for the management of the North America accounts payable function within Global Business Services. Optimizes the accounts payable processes, activities, and performance to maximize efficiency and minimize risk. Supervises staff and daily operations of the North America accounts payable function, assist with enhancing global policies and procedures, driving automation and be an advocate of SOX compliant execution. Have oversight of aged invoices, credit balances, employee expenses and the payment process including batch approvals. Position requires a high level of organization, excellent attention to detail, and strong analytical and interpersonal skills. Ideal candidate should enjoy working in a team environment and have experience managing a team of 8-10 AP Specialists. Have a strong understanding of accounting concepts, analyzing accounts payable metrics and collaborate with others to implement process improvements resulting in efficiency & process standardization.

 

JOB RESPONSIBILITIES:

 

  • Develops, recommends, and implements work methods and procedures in accounts payable section, including providing guidance on accounts payable policies and procedures and assisting in problem resolution. Prepares or coordinates preparation of reports concerning accounts payable activities and oversees the maintenance of operational records.
  • Ensures all accounts payable transactions in the system are accurate and completed in a timely manner, and backup documentation is maintained to support authorization for all payments.
  • Acts as liaison with other departments or organizations, especially purchasing/sourcing and the general ledger group.
  • Assists management in the development, implementation & monitoring of goals and provides some budgetary input.
  • Partners with procurement to co-lead implementation of procure to pay modules of Oracle R12.
  • Works with the acquisition integration team to ensure proper and smooth integration of the accounts payable function for acquisitions.
  • Assists accounting and finance with necessary changes to the accounts payable process required as a result of legal entity consolidations.
  • Manages the performance of direct reports by defining goals and objectives, accountabilities, establishing performance objectives (KPI’s), providing feedback and guidance, and ensuring all policies are understood and adhered to.
  • Manages monthly closing of financial records and posting of month end information.
  • Coordinates transactional and customer interaction support across teams and staff members, as needed to meet SLAs and program standards.
  • Works closely with GBS leadership and corporate functions to drive process improvement throughout Procure to Pay cycle (P2P), including the integration of new systems and acquisitions. Will take an active role in global design and testing of new processes.
  • Other duties as required.

 

 

What makes you a great fit:

 

  • Education: Bachelor’s Degree required with related secondary education courses
  • Yellow/Green Belt Preferred but not required.
  • Prior experience managing teams up to 10 resources.
  • 5-7 years related work experience including managerial experience within a Shared Service Center environment
  • Detailed knowledge of accounting practices and procedures
  • Demonstrated knowledge of the Accounts Payable process in Oracle EBS R12
  • Experience working with an Imaging system a plus
  • Proficiency in MS Word and Excel
  • Cross-Functional understanding of other areas including Procurement, Sourcing, Vendor Master Data, Requisitioning and General Ledger.
  • Detail oriented and maintain high levels of accuracy for high volumes of data.
  • Effective communication skills (Multi-lingual a plus) with the ability to effectively communicate with internal and external customers.
  • Ability to learn and adapt quickly
  • Self-Motivated individual able to work well independently and in a team environment.
  • Ability to meet deadlines and manage multiple tasks simultaneously.
  • UL has COVID-19 protocols and policies in place to ensure the safety of our employees, customers and clients. Effective November 1, 2021, the company mandates that employees are vaccinated against COVID-19 as a condition of employment (except where prohibited by law), subject to reasonable accommodation as required by law.

What you’ll experience working at UL:

  • Mission: For UL, corporate and social responsibility isn’t new. Making the world a safer, more secure and sustainable place has been our business model for the last 125 years and is deeply engrained in everything we do.
  • People: Ask any UL employee what they love most about working here, and you’ll almost always hear, “the people.” Going beyond what is possible is the standard at UL. We’re able to deliver the best because we employ the best.
  • Interesting work: Every day is different for us here as we eagerly anticipate the next innovation that our customers’ create. We’re inspired to take on the challenge that will transform how people live, work and play. And as a global company, in many roles, you will get international experience working with colleagues around the world.
  • Grow & achieve: We learn, work and grow together with targeted development, reward and recognition programs as well as our very own UL University that offers extensive training programs for employees at all stages, including a technical training track for applicable roles.
  • Total Rewards: All employees at UL are eligible for bonus compensation. UL offers a generous 401k matching structure of up to 5% of eligible pay. Additionally, we invest an additional 4% into your retirement saving fund after your first year of continuous employment. We provide Healthcare Reimbursement Accounts and Health Savings Accounts that UL contributes to twice per year! Depending on your role, you can work with your manager on flexible working arrangements. We also provide employees with paid time off including vacation, holiday, sick and volunteer time off.

 

Learn More:

 

Working at UL is an exciting journey that twists and turns daily. We thrive in the twists and revel in the turns. This is our every day. This is our normal.

 

Curious? To learn more about us and the work we do, visit UL.com

 

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If you wish to request reasonable accommodation at any time, please email our Talent Acquisition team at Talent.Acquisition@ul.com.

UL is an Equal Opportunity Employer: Female/Minority/disability/Protected Veteran/Sexual Orientation/Gender Identity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status. If you'd like more information about your EEO rights as an applicant under the law, please review the EEO is the Law and EEO is the Law Supplement.

Please review the following additional documents:

UL EEO Policy

Pay Transparency Statement

E-Verify Poster (English)

Right to Work Poster (English)