Manager II, AP

Work Model: You’ll work in a hybrid model, onsite at your designated Regal Rexnord location, with flexibility to work remotely. ____________________ Position Summary: The Manager II, Accounts Payable is responsible for providing strategic and operational leadership for the Finance Shared Services Accounts Payable organization, including AP Invoice Processing & Resolution, AP Payments, AP Intercompany, and direct management of the Rexnord AP Team. This role leads multiple AP functional teams through a team of supervisors and is accountable for the overall performance, governance, service delivery, continuous improvement, and transformation of Accounts Payable operations supporting Regal Rexnord business units. The Manager II partners closely with site finance leaders, procurement, operations, supply chain, controllers, and business stakeholders to optimize end-to-end Procure-to-Pay processes, strengthen internal controls, improve supplier experience, reduce invoice holds and GRNI balances, and drive operational excellence. The role is expected to establish strategic direction, champion digital transformation initiatives, develop future leaders, and ensure the organization consistently achieves service level commitments, productivity targets, compliance requirements, and business objectives. The Manager II serves as a key member of the Finance Shared Services leadership team and acts as the primary escalation point for complex Accounts Payable matters across all supported regions. Acts as the senior operational leader for Accounts Payable within Finance Shared Services and serves as the primary deputy to the Senior Manager, Finance Shared Services, for all Accounts Payable-related strategic, operational, talent, and transformation initiatives.

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