Mgr Accounts Payable

1 Day ago • All levels • $95,800 PA - $159,600 PA

Job Summary

Job Description

The Manager of Accounts Payable will oversee the Accounts Payable (AP) function and team, ensuring accurate and timely processing of supplier disbursements. Responsibilities include team management (hiring, training, delegation), supplier process management, liaison with other departments, maintaining internal controls to protect CME's assets, interacting with upper management, assimilation of AP metrics, and overseeing month-end close. Additional duties include quarterly review of Related Party, annual review of the AP manual, developing and implementing an escheatment process, and co-leading weekly global AP meetings.
Must have:
  • Experience managing or leading a team
  • Workday experience required
  • Experience working in a team environment
  • Strong decision making and communication skills
Perks:
  • Competitive total rewards package
  • Annual target bonus opportunity
  • Opportunity to become an owner through broad-based equity program
  • Comprehensive health coverage
  • Retirement package with 401(k) and Pension Plan
  • Competitive education reimbursement
  • Paid time off
  • Mental health benefit

Job Details

Accounts Payable (AP) is the department responsible for paying all of CME Group’s bills. The Manager of Accounts Payable will provide oversight of the AP function and team; ensuring accurate & timely processing of supplier disbursements.
 

Principle Accountabilities:

  • Management of the team includes hiring, training, delegation and development of employees
  • Manage the supplier process and liaise primarily with Procurement. (P2P process)
  • Liaise with other functional areas within the organization including Corporate Accounting,Treasury, Membership, Marketing, etc.
  • Maintain internal controls & procedures to protect CME's assets & determine new controls or procedures that protect the integrity of CME. Will assist with the implementation and ongoing maintenance of new AP fraud system
  • Interact regularly with upper management
  • Responsible for assimilation of AP metrics, approval of journal entries, approval of account reconciliations & overseeing month-end close
  • Quarterly review of Related Party
  • Annual review of the AP manual & fraud training; updates throughout the year as needed
  • Develop and implement an escheatment process
  • Co-lead weekly global AP meetings

Skills and Software Requirements:

  • Experience managing or leading a team
  • Workday experience required
  • Experience working in a team environment
  • Strong decision making and communication skills

CME Group is committed to offering a competitive total rewards package for our employees that recognizes their contributions to the business and reflects our long-term investment in their future. The pay range for this role is $95,800-$159,600. Actual salary offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal employees (where relevant). Our compensation program also includes an annual target bonus opportunity for all employees, as well as the opportunity to become an owner in the company through our broad-based equity program. Through our Benefits program, we strive to offer flexibility, value and choice. From comprehensive health coverage, to a retirement package that includes both a 401(k) and an active Pension Plan, to highly competitive education reimbursement provisions, paid time off and a mental health benefit, CME Group offers a holistic Benefits package for our team and their dependents.

CME Group: Where Futures are Made

CME Group is the world’s leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more.

At CME Group, we embrace our employees' unique experiences and skills to ensure that everyone’s perspectives are acknowledged and valued. As an equal opportunity employer, we consider all potential employees without regard to any protected characteristic.

Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.

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About The Company

As the world’s leading derivatives marketplace, CME Group is where the world comes to manage risk. We enable clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes foreign exchange energy agricultural products and metals. We meet uncertainty and volatility with confidence and clarity, across the trading lifecycle and around the world.

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