Manager II, AP

Major Responsibilities:

Leadership & Organizational Management

Provide strategic leadership and direction for the Accounts Payable organization, including AP Invoice Processing & Resolution, AP Payments, AP Intercompany, and Rexnord AP operations. Lead, coach, and develop AP supervisors and team members to build a high-performing organization focused on accountability, customer service, collaboration, and continuous improvement. Establish departmental goals, performance metrics, and strategic priorities aligned with Finance Shared Services and corporate objectives. Drive workforce planning, succession planning, talent development, organizational design, and employee engagement initiatives within Accounts Payable. Manage performance, provide coaching and development feedback, and make recommendations regarding hiring, promotions, disciplinary actions, and other personnel decisions.

Operational Excellence & Service Delivery

Provide oversight of end-to-end Accounts Payable processes across all assigned entities and regions, ensuring effective execution and achievement of key performance indicators. Ensure consistent delivery of high-quality AP services while maintaining accuracy, timeliness, productivity, and customer satisfaction standards. Lead regular operational reviews with business stakeholders, controllers, procurement teams, and site leadership to address performance, risks, and process improvements. Monitor and improve key Accounts Payable metrics including invoice cycle time, payment timeliness, productivity, invoice holds, aging balances, supplier responsiveness, and service-level compliance. Serve as the escalation point for critical supplier issues, payment concerns, invoice disputes, and operational challenges impacting business continuity.

Process Improvement & Transformation

Develop and execute the Accounts Payable continuous improvement roadmap, identifying opportunities to simplify, standardize, automate, and optimize processes. Lead initiatives focused on reducing invoice holds, lowering aged GRNI balances, improving first-pass invoice match rates, and enhancing overall Procure-to-Pay effectiveness. Drive adoption of automation, digital tools, AI solutions, workflow enhancements, and ERP optimization initiatives to improve efficiency and scalability. Partner with cross-functional teams to identify process gaps, perform root cause analysis, and implement sustainable corrective actions. Lead process migrations, transitions, system implementations, and integration activities for new business units, acquisitions, or service expansions.

Governance, Compliance & Controls

Ensure compliance with company policies, accounting standards, SOX requirements, internal controls, and regulatory obligations related to Accounts Payable operations. Establish and maintain effective control environments to safeguard company assets and mitigate operational and financial risks. Support internal and external audits by ensuring timely resolution of audit requests, implementation of remediation actions, and ongoing compliance monitoring. Review and approve high-risk transactions, exception payments, and policy deviations within authorized approval limits.

Stakeholder & Business Partnership

Build strong relationships with business unit finance leaders, procurement teams, plant controllers, operations leaders, and external suppliers to support organizational objectives. Partner with stakeholders to improve supplier payment experience, resolve recurring operational issues, and identify opportunities to strengthen working capital performance. Act as the primary AP leadership representative during business reviews, governance meetings, and strategic initiatives impacting Procure-to-Pay processes. Provide consultative support to business leaders regarding AP-related risks, opportunities, performance trends, and process improvements.

Reporting & Strategic Insights

Develop and present executive-level operational reviews, KPI dashboards, productivity analyses, and strategic recommendations to Finance Shared Services leadership. Analyze operational trends and performance data to identify risks, capacity constraints, improvement opportunities, and resource requirements. Drive accountability through data-driven performance management and proactive monitoring of department goals and objectives.

Financial Stewardship

Support working capital objectives through effective management of payment practices, invoice processing efficiency, supplier relationships, and aging reduction initiatives. Collaborate with procurement, operations, and finance teams to improve resolution of invoice discrepancies, GRNI balances, and payment exceptions. Ensure accurate and timely month-end close support activities related to Accounts Payable operations.

Policy Making / Decision Making Responsibilities

The Manager II, Accounts Payable is responsible for exercising independent judgment and strategic decision-making within the Accounts Payable organization. This role establishes operational priorities, develops departmental strategies, and recommends policies, procedures, and control enhancements that support Finance Shared Services and business objectives.

Assignments are typically received in the form of broad organizational goals and expected business outcomes. The incumbent is expected to evaluate complex operational, financial, and compliance matters, perform advanced analysis, assess risks, and make decisions that impact service delivery, stakeholder satisfaction, productivity, working capital, and financial controls.

The position provides leadership in identifying opportunities for process transformation, automation, standardization, and organizational effectiveness. Decisions often require balancing competing business priorities, interpreting company policies, influencing stakeholders, and recommending solutions with long-term operational impact. The role also serves as a key escalation and decision point for significant operational issues, supplier concerns, process exceptions, and strategic initiatives.

Network of Interaction

The Manager II partners extensively with stakeholders across the organization, including:

Finance Shared Services Leadership Team

Business Unit Controllers

Business Unit Finance Managers and Directors

Site Controllers and Plant Finance Teams

Procurement and Strategic Sourcing Teams

Operations and Supply Chain Leadership

Corporate Accounting and Treasury Teams

Internal Audit and Compliance Teams

IT and Digital Transformation Teams

Order Management and Customer Service Organizations

Finance Teams across North America, EMEA, Latin America, and Asia-Pacific regions

Senior Finance Leadership, including Directors, Senior Directors, and Vice Presidents, as required

Strategic Suppliers and Vendor Partners

Third-Party Service Providers

Banking and Treasury Partners

External Auditors

Business Customers (when required for intercompany or financial issue resolution)

Technology and Automation Solution Providers

Consulting and Project Implementation Partners

Required Education / Experience / Skills:

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.

Job-Related experience:

Minimum of 6-8 years of progressive experience in Accounts Payable, Finance Shared Services, or related finance operations environments.

Minimum of 5 years of leadership experience, including managing supervisors, team leads, or multiple functional teams.

Demonstrated experience in end-to-end Procure-to-Pay (P2P) processes, including invoice processing, payments, supplier management, intercompany accounting, reconciliations, GRNI management, month-end close support, and AP controls.

Proven experience leading large teams within a shared services or multinational environment.

Experience driving process improvement, standardization, automation, system implementations, migrations, or transformation initiatives.

Experience partnering with business unit finance leaders, procurement, operations, treasury, and executive stakeholders.

Strong track record of delivering operational excellence, improving KPIs, strengthening controls, and leading organizational change.

Specific Knowledge:

Advanced knowledge of Accounts Payable, Procure-to-Pay (P2P), working capital management, supplier payment processes, and financial controls.

Strong understanding of SOX compliance, internal controls, audit requirements, corporate governance, and financial policies.

Extensive experience with ERP systems and AP technologies, including Oracle, SAP, Esker, and other finance-related platforms.

Knowledge of process automation, workflow management, digital transformation, and shared services best practices.

Advanced proficiency in Microsoft Office applications, particularly Excel, Power BI, PowerPoint, and Word.

Strong understanding of financial reporting, balance sheet account management, reconciliations, and month-end close activities.

Leadership Competencies & Skills

Strategic Leadership and Business Acumen

People Leadership and Talent Development

Operational Excellence and Continuous Improvement

Analytical and Critical Thinking Skills

Executive Communication and Influencing Skills

Stakeholder Relationship Management

Project and Change Management

Risk Management and Governance Mindset

Results-Oriented Leadership

Organizational and Prioritization Skills

Adaptability and Continuous Learning

High Ethical Standards and Integrity

Customer and Supplier Service Orientation

Global and Cross-Cultural Collaboration

Travel: None Required

Language: English as required by the support

#LI-Hybrid

About Regal Rexnord

Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.

The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.

Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.

Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.