Accounts Payable Manager
Cumberland
DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.
Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.
We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.
The Accounts Payable Manager will be a proactive leader who values accuracy, efficiency and teamwork and who embraces continuous improvement to drive measurable results. This role will be responsible for leading and developing a team as well as fostering relationships with functions across the organization.
Key Responsibilities:
- Lead, coach and develop the AP team; manage workload balance, performance reviews and training to maintain high productivity and accuracy, while offering guidance for professional development.
- Own the end-to-end AP process including invoice receipt/validation, coding, approvals, payment runs (ACH, wire, check, direct debits, etc), vendor onboarding and 1099 compliance. Ensure all payables and accruals are accurately recorded and reconciled.
- Ensure monthly close activities and reconciliations for AP accounts are completed accurately and on schedule; prepare supporting schedules for month-end and audits.
- Manage vendor relationships and resolve escalated disputes or discrepancies quickly and gracefully; ensure excellent vendor service and timely resolution
- Drive AP automation initiatives (invoice capture, workflow, payment automation) and ERP optimizations to increase efficiency
- Partner with internal functions such as Treasury, Procurement, and Legal, to streamline workflows and resolve issues related to payments, contracts, or expense allocations.
Qualifications:
- 10+ years of experience in accounts payable, with at least 2+ years in a management or supervisory role.
- Excellent communication skills and ability to work cross-functionally with finance, procurement and operations.
- Demonstrated ability to adapt quickly to changing needs and shifting priorities and is willing to take on a variety of tasks to support the team as needed.
- Ability to work under pressure and meet tight deadlines in a high-volume environment.
- Exceptional attention to detail and organizational skills. Strong understanding of accounting principles and financial reporting.
- Experience with MS Great Plains and Oracle Fusion a plus, must have strong proficiency MS Excel.
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field preferred
The annual base salary range for this position is $110,000 to $130,000 depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.
For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.
California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.
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