DigiKey is one of the fastest growing distributors of electronic components in the world. In addition to offering the broadest selection of in-stock electronic components and providing the best service possible to customers, employees have access to a highly competitive benefits package. To learn more, visit our benefits and perks page.

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Position Overview:

The Manager, Accounts Payable is responsible for managing and developing leaders of people and accounts payable experts. This position ensures business objectives aligning to Accounting & Finance strategy and policy are accomplished through established, implemented and executed plans & tactics. The position’s focus is on maintaining, coaching and developing staff, communicating organization objectives and expectations, and monitoring the progress of projects and initiatives, taking appropriate action when needed.

This role is based in Thief River Falls, Minnesota, and will require a minimum of three days per week in the office and be available for projects in the office as needed; subject to change per business needs.

Responsibilities:

• Develop and administer various accounting plans and procedures for all company personnel; adapts plans to address resource and operational challenges

• Partner with key internal and external partners to effectively onboard Suppliers. Leverage automation and enhance Supplier self-serve capabilities to reduce overall onboarding time and provide a world class experience for Suppliers

• Evaluate reports, decisions and results of department in relation to established goals/KPIs. Recommends new approaches, policies and procedures to effect continual improvements in efficiency of department and services performed

• Manage all vendor payments and expense reimbursements (check, ACH, wires)

• Employee Expense Report oversight

• Responsible for audit and compliance requirements and requests

• Responsible for vendor 1099 filings and year end reporting requirements

• Organize and assign accounts payable staff functions; provide direction to the daily, monthly and year end processing; monitor and evaluate performance and provide for staff development opportunities

• Research, analyze and resolve more complex payment and vendor issues

• Advise management on specific issues related to accounts payable and expense reimbursements

• Develop and maintain KPI's and metrics related to the accounts payable process

• Cash projection and weekly cash needs reporting oversight

• Develops, implements and maintains systems, procedures and policies, including accounts payable functions to ensure adherence to company guidelines

• Analyze processes and initiate and oversee process improvement initiatives within accounts payable

• Act as a change agent who is able to gain consensus and influence action

• Plan, organize and control all activities of the department. Participates in developing department goals, objectives, KPIs in alignment with corporate strategy

• Build key partnerships within the organization to ensure understanding of broad business strategy and impact to accounting and vice versa

• Adapt plans and priorities to meet service and/or operational challenges

• Monitor and evaluate performance dashboards and reports; determine root cause of issues & propose/lead recommendations & implementation for resolution

• May lead/participate on cross-functional committees, task forces

Required Knowledge, Skills, and Experience:

• GED or High School Diploma

• Bachelor’s degree from an accredited college or university in a related discipline, such Operations, Business Administration, Accounting/Finance or similar area of study or equivalent, relevant work experience preferred 

• 6+ years of managerial or related experience such as mentorship, team lead roles or career development 

• Experience in DigiKey &/or industry experience in accounting,  

• Demonstrates strong communication and presentation skills for a variety of audiences, including executive management  

• Demonstrates ability to understand and analyze reports as well as confidence to make recommendations  

• Strong business acumen; networked well internally and externally 

• Growth-minded; enjoys learning and growing their own knowledge base and skills as well as that of their teams  

• Ability to think and act both tactical and strategically to deliver significant business / process improvements  

• Proficient in Office 365 Suite 

• Competent system experience in WinDECs, Oracle, MicroStrategy, eGain 

• Experience with productivity tools: Smartsheet  

• Experience with the electronic component distribution industry 

• Strong knowledge of DigiKey brand and its principles

• Experience with the electronic component distribution industry 

• Strong knowledge of DigiKey brand and its principles

Tools / Systems / Software:

• Proficient in Office 365 Suite 

• Competent system experience in WinDECs, Oracle, MicroStrategy, eGain 

• Experience with productivity tools: Smartsheet

• Sigma XL Computing (reporting)

Physical Requirements:

• Generally, spend the workday sitting at a workstation and operating computer devices, such as, but not limited to keyboard, mouse and screen

• Generally, spend the workday performing repetitive motions that involve or affect the hands, head, and other parts of your body

Compensation:

The base pay range for this position is:

$75,000

to

$107,500

Many factors influence the determination of base pay within a range, including the candidate’s work experience in related roles; the candidate’s knowledge, skills, capabilities, and performance; the relative pay of other DigiKey employees in similar roles; and the budget available for the position.

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DigiKey Electronics is an Equal Opportunity Employer. We encourage all qualified candidates, including protected veterans and individuals with disabilities, and to apply and be considered for open positions.

If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process, please contact Human Resources at 1-800-338-4105 or careers.us@digikey.com.

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