Accounts Payable Manager

Job Posted Yesterday Posted Yesterday
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Chicago, IL
Hybrid
Senior level
Fintech • Financial Services
Our people make us exceptional.
The Role
The Accounts Payable Manager will oversee the accounts payable team, ensuring accurate processing of invoices, managing vendor relationships, maintaining financial records, and ensuring compliance with policies and regulations. The role involves leading the team, overseeing payment processes, managing month-end closing, resolving vendor inquiries, and collaborating with other departments.
Summary Generated by Built In

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 oversee the US accounts payable team and ensure the accurate and timely processing of all invoices, expense reports, and payments. The role requires a strong understanding of accounting principles, exceptional attention to detail, and the ability to work in a dynamic, high-volume environment. The Accounts Payable Manager will be responsible for managing vendor relationships, maintaining financial records, and ensuring compliance with internal policies and regulatory requirements.

Key Responsibilities:
•    
Lead, mentor, and manage the accounts payable team to ensure accurate and efficient processing of invoices and payments, conducting regular performance reviews and offer guidance for professional development.
•    Ensure that invoices are properly coded, approved, and posted to the general ledger.  Oversee payment runs, working with Cash team to ensure proper set ups and resolve issues.
•    Manage month-end closing processes, ensuring all payables and accruals are accurately recorded and reconciled.
•    Act as the primary point of contact for vendor-related inquiries, both internally and externally.  Resolve any issues or disputes regarding invoices, payments, and contract terms.
•    Collaborate with other departments, such as Treasury, Procurement, and Legal, to streamline workflows and resolve issues related to payments and contracts.
•    Prepare and file annual 1099 reporting
•    Ensure compliance with internal policies and procedures regarding accounts payable processes.
•    Maintain accurate records of all payments and transactions for audit purposes.

Qualifications:
•    
10+ years of experience in accounts payable, with at least 2+ years in a management or supervisory role.
•    Exceptional attention to detail and organizational skills.
•    Strong understanding of accounting principles and financial reporting.
•    Bachelor’s degree in Accounting, Finance, Business Administration, or a related field preferred
•    Experience with MS Great Plains and Oracle Fusion a plus, must have strong proficiency MS Excel.
•    Excellent communication and interpersonal skills.
•    Ability to work under pressure and meet tight deadlines in a high-volume environment.

Experience in a trading or financial services firm is highly desirable.

The annual base salary range for this position is $80,000 to $110,000, 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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Top Skills

Excel
Ms Great Plains
Oracle Fusion

What the Team is Saying

Person1
Elaine
Trading Researcher
“I came to DRW straight out of college with no background in finance. Since then, I’ve been learning nonstop.“
Elaine
Omar
Kumbi
Carissa
Alex
Brawnski
Michelle
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The Company
HQ: Chicago, IL
1,825 Employees
Hybrid Workplace
Year Founded: 1992

What We Do

A diversified trading firm that utilizes our own capital and trades at our own risk. We bring sophisticated technology and exceptional people together to solve complex problems in markets around the world and across many asset classes. We are motivated to compete at the highest level and commit to operate with respect, curiosity and an open mind.

Why Work With Us

The DRW approach is simple: tenure, experience and titles don’t matter as much as ideas, execution and results. We believe in creating opportunity to take on more complex problems, more interesting projects and more specialized skills. It’s a results-driven environment where friendships grow and respect is the norm.

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DRW Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

note -- allowing flexibility / 3+ days per week

Typical time on-site: Not Specified
HQChicago Office
SG
HK
Amsterdam, NL
Austin Office
Greenwich, CT
Houston, TX
London, GB
Montréal, Quebec
New York Office
Tel Aviv-Yafo, IL
Learn more

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