Accounts Payable Manager

Accounting Glenview, Illinois

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Description

Abt Electronics Inc founded in 1936, is a well-established Electronics & Appliance retailer in Glenview, IL who is seeking a highly motivated and talented Accounts Payable Manager with 7+ years experience in a high-volume, fast paced environment and has successfully led teams while improving controls and operational efficiency.  This individual will oversee full-cycle AP operations for our growing organization and must have strong expertise in inventory 3-way match process, hands-on experience with Oracle systems for product purchases, and NetSuite for indirect expense processing. THIS IS AN PERSON POSITION.
RESPONSIBILITIES
  • Lead, mentor, and develop AP staff (8 team members)
  • Oversee high volume 3-way match process (Purchase Order-Receiving-Invoice) for Inventory purchases
  • Work with AP staff to resolve quantity, price, and receipt discrepancies in coordination with suppliers, Purchasing, and Warehouse departments
  • Review vendor account statements, AP Agings, and Match Off Reports (MOR) with AP staff members and manage payment cycles for all payment method types
  • Review and resolve invoice errors in EDI Management portals with AP staff  
  • Drive process improvement initiatives and AP automation efforts
REQUIREMENTS
  • 7+ years of Accounts Payable Management experience
  • Strong experience with 3-way matching in inventory-based retail or distribution
  •  Strong understanding of general ledger for indirect expenditure coding
  • Managed annual AP volume exceeding $100M+
  • Hands-on experience with:
  • Oracle ERP systems (for Inventory/Purchasing)
  • NetSuite systems (for indirect expenditures)
  • Strong understanding of inventory accounting and accrual processes
  • Advanced Excel skills (pivot tables, lookups, reconciliation tools)
  •  Bachelor’s degree in Accounting, Finance, or related field preferred
  • Experience with EDI Invoice processing (810/850/856 transaction types)
  • Full-time and on-site availability
We offer:
  • Salary Range $80,000 + annually
  • Yearly performance review
  • Potential for advancement
  • Medical/Dental (Blue Cross and Blue Shield PPO Network) & Vision (VSP)
  • 401(k) (Charles Schwab) which includes a matching program
  • Life & Disability insurance (Lincoln Financial)
  • Generous Paid Time Off/Sick Pay Program
  • Continued training & career development
  • Employee discounts on all products we sell
  • Performance based bonus programs

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