Accounts Payable Lead

With more than $1B in revenue, Tennant Company is a globally recognized leader in the cleaning equipment industry. For the past 150 years, we have been passionate about developing and manufacturing innovative and sustainable solutions for our customers. At Tennant Company, we are committed to stewardship and creating a cleaner, safer and healthier world. With manufacturing, operations and sales, service, and support functions across the globe, your journey at Tennant can take you places you never expected.

 
Job Title: Accounts Payable Lead
Department: Accounting/Finance
Job Type: Regular Full-Time
Location: Eden Prairie – Tennant Corporate Headquarters and/or Virtual
Estimated Travel %: 0
 
Job Title: Accounts Payable Lead
 
Position Summary
The Accounts Payable (AP) Lead is responsible for overseeing the day-to-day operations of the accounts payable function within a global organization. This role ensures timely and accurate processing of vendor invoices, compliance with company policies, and adherence to regulatory requirements. The AP Lead will serve as a key liaison between finance, procurement, and business units worldwide, driving process improvements and supporting scalability for a $1B enterprise.

Key Responsibilities
•    Operational Leadership: 
o    Manage end-to-end AP processes, including invoice receipt, coding, approval workflows, and payment execution.
o    Ensure compliance with internal controls, SOX requirements, and global tax regulations.
•    Team Management & Development: 
o    Lead and mentor AP specialists or clerks, providing guidance on complex transactions and issue resolution.
o    Foster a culture of accuracy, efficiency, and continuous improvement.
•    Vendor & Stakeholder Relations: 
o    Serve as primary point of contact for vendor inquiries and escalations.
o    Collaborate with procurement and business units to resolve discrepancies and maintain strong supplier relationships.
•    Process Improvement & Automation: 
o    Identify opportunities to streamline AP processes and implement automation tools (e.g., OCR, ERP enhancements).
o    Support global standardization initiatives and best practices across regions.
•    Reporting & Analysis: 
o    Prepare AP metrics, aging reports, and cash flow forecasts for leadership.
o    Monitor KPIs to ensure timely payments and optimize working capital.

Qualifications
•    Education: Bachelor’s degree in Accounting, Finance, or related field.
•    Experience: 
o    5+ years in accounts payable or related finance roles, with at least 2 years in a supervisory capacity.
o    Experience in a global organization and familiarity with multi-currency transactions.
•    Technical Skills: 
o    Proficiency in ERP systems (SAP, Oracle, or similar) and AP automation tools.
o    Strong Excel and data analysis skills.
•    Soft Skills: 
o    Excellent communication and leadership abilities.
o    Strong problem-solving and process improvement mindset.

Preferred Qualifications
•    Experience with shared services or centralized AP models.
•    Exposure to Lean or Six Sigma methodologies.

Competitive base salary commensurate with experience: $53,700- $80,500

Posted salary ranges are made in good faith. Tennant Co. reserves the right to adjust ranges depending on the experience/qualifications of the selected candidate as well as internal and external equity. Total Compensation = Base Salary + Benefits

Benefits = A comprehensive benefits package including health insurance, 401(k), profit sharing, disability, life insurance, paid time off, and voluntary benefits!

Begin your journey with us. Let's reinvent how the world cleans. 

Equal Opportunity Employer

Tennant Company is an equal opportunity employer. Employment decisions are made on the basis of individual skill, ability, reliability, productivity, and other factors important to performance. We do not discriminate on the basis of race, color, creed, religion, sex, national origin, physical or mental disability, age, veteran status, pregnancy, sexual orientation, genetic information, gender identity, or any other basis protected by state or federal law or local ordinance.