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Senior Manager, Accounts Payable
- Valent BioSciences (Libertyville, IL)
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About Us:
Valent North America LLC is the shared services organization of Valent U.S.A. LLC and Valent BioSciences LLC, which are part of the Valent group of companies. As a wholly owned subsidiary of Sumitomo Chemical Co., Ltd., Valent North America unites the corporate Finance, Human Resources, Information Technology, Legal, and Environmental Health & Safety functions to maximize service delivery practices across the Valent group of companies.
Valent U.S.A. engages in the development, registration, sales, and marketing of integrated technological solutions for crop production and pest management that deliver value for customers and stakeholders. Valent BioSciences is a worldwide leader in the research, development, manufacturing, and commercialization of biorational products for the agriculture, public health, and forest health markets. Sumitomo Chemical is one of Japan’s leading chemical companies, offering a diverse range of products globally that support a wide variety of industries and help enhance peoples’ daily lives.
Position Overview:
Leads and optimizes the company’s AP operations, managing a team and ensuring compliance with policies, accounting standards, and regulations. This role provides strategic oversight of AP functions, enhances systems and processes, and ensures accurate, timely recording and payment of liabilities. A key focus is driving successful implementation of critical AP projects to improve efficiency, streamline workflows, and reduce manual effort.
Key Responsibilities:
+ Leadership & Team Management:
+ Lead, mentor, and develop a team of Accounts Payable specialists
+ Set performance goals, provide regular feedback, and support professional development.
+ Ensure the AP team is aligned with organizational objectives
+ Process Optimization & Efficiency:
+ Support AP project implementations to automate and streamline AP processes, reduce manual data entry and increase invoice accuracy
+ Collaborate with cross-functional teams (IT, Procurement, Finance) and third party consultants to ensure smooth integration of key AP systems.
+ Manage change management efforts including user training and process changes, to ensure successful adoption by the AP team and broader organization.
+ Identify and execute continuous improvement opportunities to drive efficiency, accuracy, and cost savings within the AP function
+ Vendor Relationship Management:
+ Oversee vendor communications, resolve disputes, and ensure the timely payment of invoices.
+ Build and maintain strong, professional relationships with vendors to negotiate favorable terms and resolve any discrepancies promptly.
+ Financial Reporting & Compliance:
+ Ensure accurate and timely recording of all AP transactions, including proper coding to the general ledger.
+ Oversee month-end and year-end close processes related to AP, ensuring reconciliation of accounts and preparation of necessary reports.
+ Ensure compliance with company policies, accounting standards, and relevant legal requirements, including tax regulations.
+ Audit & Internal Controls:
+ Support internal and external audits, providing necessary documentation and responses to audit inquiries.
+ Ensure robust internal controls are in place to safeguard company assets and prevent fraud.
+ Collaboration & Cross-Functional Support:
+ Collaborate with other departments such as Procurement, Finance, and Treasury to ensure smooth workflows and resolve issues promptly.
+ Provide financial analysis and reporting
Education:
+ Bachelor’s degree in accounting, Finance, or related field
Experience:
+ 10+ years of experience in Accounts Payable or Finance, with at least 5 years in a managerial role.
+ Experience with AP automation tools, particularly Ariba, and familiarity with end-to-end AP automation processes.
What We Offer
We recognize that compensation and benefits play a crucial role in your career decisions. That’s why we’re dedicated to equitable pay practices and transparency in how we reward our employees.
Base Salary: The estimated annual base salary for this position ranges from:
$145,000 to $165,000. Individual pay is based upon location, skills, experience, and other relevant factors.
Incentives: All full-time employees are eligible for an incentive program or profit-sharing program in addition to their base salary.
Benefits:
+ High-quality healthcare coverage starting on day one, with options for medical (HSA/HRA), vision, and dental plans
+ 5% company contribution to your 401(k), plus a quarterly discretionary bonus
+ Immediate 100% vesting of all retirement contributions
+ Financial assistance programs to support your goals
+ Life and disability insurance for added security
+ Generous paid time off, including vacation, holidays, and volunteer days
+ Flexible work arrangements available
Our Commitment to a Sustainable Future
At Valent Group of Companies, we’re proud to power a sustainable future through our work. Sustainability and corporate social responsibility (CSR) have been at the core of our culture since the beginning. Today, they continue to drive everything we do.
Join us in making a meaningful impact and contributing to a better world.
+ Valent U.S.A., Valent North America LLC, Valent BioSciences LLC and Mycorrhizal Applications LLC are an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation and/or identity, national origin, citizenship, immigration status, disabilities, or protected veteran status.
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