Manager, Accounts Payable

Job DescriptionThe 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 ResponsibilitiesIn this opportunity as an Accounts Payable Manager, you will be responsible for: Team ManagementSupervise, train, and develop AP staff (invoice processors, payment specialists)Set performance goals and conduct regular reviewsAllocate workload and ensure adequate coverage to meet business needsFoster a culture of accountability, customer service, and continuous improvementAccounts Payable OperationsOversee end-to-end AP cycle: invoice receipt, coding, approval routing, and payment processingManage payment runs (checks, ACH, wire transfers) and ensure vendors are paid accurately and on timeReview and approve invoices above delegated authority thresholdsOversee employee expense reimbursement processingManage vendor master data and resolve escalated vendor disputesVendor ManagementMaintain 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 requirementsControls & ComplianceDesign and enforce internal controls to prevent duplicate payments, fraud, and errorsEnsure compliance with company policy, tax regulations (e.g., 1099 reporting), and audit requirementsMaintain segregation of duties across the AP workflowSupport internal and external audits with documentation and process walkthroughsEnsure proper recording of liabilities and accruals in accordance with applicable accounting standards.Reporting & AnalysisPrepare AP aging reports, accrual schedules, and cash flow forecasts related to payablesResolve outstanding liabilitiesMonitor KPIs (invoice processing time, days payable outstanding, exception rates)Analyze trends and recommend process improvementsSystems & Process ImprovementManage 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 integrationsCross-Functional CollaborationPartner with Procurement on the policies.Work with General Ledger/Controller team on month-end close, accruals, and reconciliationsServe as point of escalation for vendor and internal stakeholder issuesWork with Internal tax team(s)Required QualificationsYou’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 field5+ years of accounts payable experience, including 2+ years in a supervisory/management roleStrong knowledge of IFRS, AP best practices, and internal controlsProficiency with ERP/accounting systems and ExcelExcellent leadership, organizational, and communication skillsPreferred QualificationsCPA, CMA, or Master’s Degree in Accounting, Finance, or related fieldExperience with AP automation tools; usage of AI/tools is preferredExperience in a multi-entity or shared services environment#LI-BS1What’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 life benefits with competitive vacation, sick and safe paid time off, paid holidays (including two company mental health days off), parental leave, sabbatical leave. These benefits meet or exceeds the requirements of paid time off in accordance with any applicable state or municipal laws. Finally, Thomson Reuters offers the following additional benefits: optional hospital, accident and sickness insurance paid 100% by the employee; optional life and AD&D insurance paid 100% by the employee; Flexible Spending and Health Savings Accounts; fitness reimbursement; access to Employee Assistance Program; Group Legal Identity Theft Protection benefit paid 100% by employee; access to 529 Plan; commuter benefits; Adoption & Surrogacy Assistance; Tuition Reimbursement; and access to Employee Stock Purchase Plan.Thomson Reuters complies with local laws that require upfront disclosure of the expected pay range for a position. The base compensation range varies across locations.
For any eligible US locations, unless otherwise noted, the base compensation range for this role is $100,100 USD - $185,900 USD.
Base pay is positioned within the range based on several factors including an individual’s knowledge, skills and experience with consideration given to internal equity. Base pay is one part of a comprehensive Total Reward program which also includes flexible and supportive benefits and other wellbeing programs.
This role may also be eligible for an Annual Bonus based on a combination of enterprise and individual performance.
About UsThomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. We serve professionals across legal, tax, accounting, compliance, government, and media. Our products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news.We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments. At a time when objectivity, accuracy, fairness, and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.As a global business, we rely on the unique backgrounds, perspectives, and experiences of all employees to deliver on our business goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity Employer providing a drug-free workplace.Thomson Reuters makes reasonable accommodations for applicants with disabilities, including veterans with disabilities, and for sincerely held religious beliefs in accordance with applicable law. If you reside in the United States and require an accommodation in the recruiting process, you may contact our Human Resources Department at Disability accommodations in the recruiting process may include things like a sign language interpreter, making interview rooms accessible, providing assistive technology, or other relevant accommodations. Please note this email is not intended for general recruitment questions and we will promptly respond to inquiries regarding accommodations. More information on requesting an accommodation here.Learn more on how to protect yourself from fraudulent job postings here.More information about Thomson Reuters can be found on thomsonreuters.comSummaryLocation: United States of America, Eagan, MinnesotaType: Full time