Manager, Accounts Payable

Manager, Accounts Payable Req #102 Old World Industries, 3100 Sanders Road, Northbrook, Illinois, United States of America Apply Share Job Description Posted Friday, May 29, 2026 at 2:00 AM Position Purpose: This position will be responsible for leading many aspects of the Procure-to-Pay (P2P) process. The Procure-to-Pay scope includes vendor establishment, purchase order, invoice and payment processing, expense reporting, issue resolution and exception handling. This position will focus on process optimization, efficiency, effectiveness, standardization, and education across OWI, as well as help build a culture of continuous process improvement. It will also help ensure quality reporting, systems security, policy compliance, sound financial controls and an excellent user experience. Duties, Tasks, and Responsibilities: Overseeing routine department activities, including invoice processing and vendor statement review, to ensure that they are completed accurately and on time. Ensures accurate setup and maintenance of Accounts Payable vendor master data. Building and maintaining relationships with employees, vendors, and lenders. Interacts with other accounting teams to resolve reconciliation discrepancies and issues. Supervise invoice processing within SAP VIM to ensure proper match and approvals are obtained. Ensures all vendors are paid per contractual terms and that inquiries and payment issues are responded to and resolved in a timely manner. Reviews vendor IRS form W-9s for completeness. Monitors the vendor database to ensure data is properly entered to facilitate the 1099 process. Prepares IRS Form 1099s for all eligible vendors and file appropriate reports with the IRS. Recommend, develop, and design financial best practices and process improvements, including but not limited to process documentation and reporting. Lead the implementation of improvements, modification and education and training of all end users. Hiring, training, motivating, and evaluating Accounts Payable staff members. Commits to the leadership and development of team members while fostering a positive, collaborative work culture. Utilizes a hands-on approach to manage and prioritize special projects and participates in other cross functional projects as required. Education, Skills and Abilities: 7+ years' experience in the Accounts Payable field required. 3-5 years' previous hands-on experience with supervising an accounts payable department required. Strong awareness of internal controls. SAP experience required along with knowledge of P2P best practices. Vendor Invoice Management (VIM) experience a plus Experience driving organizational change. Understand the interaction between financial & accounting principles, procure to pay processes and IT/ERP systems. Ability to identify opportunities and take necessary actions to continuously improve procure to pay processes for the benefit key stakeholders. Proven ability to deliver high levels of customer service. Excellent oral and written communication. Strong computer/technical skills Advanced knowledge of Microsoft Office (emphasis on Excel & Outlook). Detail oriented with strong organizational and analytical skills. Outstanding organization and project management skills. Willingness to change and/or leverage existing technology tools where appropriate. Strong initiative and ability to manage multiple projects as well as strong follow through skills. Ability to work well with others in fast paced, dynamic environment. This opportunity offers a competitive benefits package including: Medical, dental, and vision coverage with wellness benefits Company-matching 401(k) plan Company-paid life insurance and accidental death & dismemberment benefits Company-paid identity theft insurance Company-paid disability Flexible spending and health savings accounts Company-paid employee assistance program Paid time off and paid holidays Additional benefits included: voluntary life insurance, legal benefits, critical illness, accident insurance, hospital indemnity insurance, and pet insurance Old World Industries is among the largest privately held companies competing in the automotive aftermarket today. Built upon a 50-year history of ingenuity, the Northbrook, Illinois-based company is transforming the automotive, commercial and chemical industries that keep the world moving forward. Old World's brands include a full line of PEAK Performance Automotive Aftermarket Products including Antifreeze/Coolant, Washer Fluid, Lighting and Wiper Blades; BlueDEF Diesel Exhaust Fluid and Equipment; FINAL CHARGE PRO-SERIES Heavy Duty Extended Life Coolant, Fleet Charge SCA Precharged Heavy Duty Coolant and Thermal Charge Heat Transfer Fluid. Old World Industries is among the largest privately held companies competing in the automotive aftermarket today. Built upon a 50-year history of ingenuity, the Northbrook, Illinois-based company is transforming the automotive, commercial and chemical industries that keep the world moving forward. Old World's brands include a full line of PEAK Performance Automotive Aftermarket Products including Antifreeze/Coolant, Washer Fluid, Lighting and Wiper Blades; BlueDEF Diesel Exhaust Fluid and Equipment; FINAL CHARGE PRO-SERIES Heavy Duty Extended Life Coolant, Fleet Charge SCA Precharged Heavy Duty Coolant and Thermal Charge Heat Transfer Fluid. This opportunity offers a competitive benefits package including: Employee-focused medical, dental, and vision coverage with wellness benefit rewards Paid time off supporting a healthy work life balance Above market company-matching 401(k) plan with company-paid financial planning advisors Company-paid life and AD&D insurance with optional voluntary life and AD&D benefits Company-paid short- and long-term disability benefits Flexible spending and employer-funded health savings accounts Company-paid long-term care coverage Company-paid employee assistance program Additional benefits included: tuition reimbursement, legal benefits, critical illness, accident insurance, and pet insurance Job Details Job Family Finance Pay Type Salary Hiring Min Rate 104,000 USD Hiring Max Rate 126,000 USD Scan this QR code and apply! Download Old World Industries, 3100 Sanders Road, Northbrook, Illinois, United States of America