About this role
We are looking for an AP Manager to join the company’s Corporate Accounting team and support the company’s continued growth. You will lead efforts to strengthen accounts payable controls and streamline processes to support our operational efficiency and reporting requirements as the business scales. Working closely with senior finance leadership, you will oversee the end-to-end AP function, ensure timely and accurate invoice processing and payments, enhance internal controls, and support month-end close activities related to payables, including accruals and reconciliations.
What you’ll do
- Manage and develop the Accounts Payable team, including hiring, training, and performance management
- Oversee end-to-end AP process including invoice intake, coding, approvals, and payment processing
- Ensure timely payment of vendors in accordance with payment terms
- Monitor aging reports and resolve discrepancies
- Ensure compliance with company policies and GAAP
- Support external audit requests
- Oversee 1099 reporting and compliance
- Optimize AP workflows and automation tools (e.g., ERP, AP software)
- Identify opportunities to improve efficiency, reduce manual processes, and mitigate risk
- Partner cross-functionally to streamline procurement-to-pay processes
- Ensure accurate AP accruals and support month-end close
- Provide reporting and analysis related to payables and cash disbursements
What we’re looking for
- Bachelor’s degree in Accounting, Finance, or a related field
- 5–8+ years of progressive accounts payable experience
- Strong knowledge of GAAP
- Ability to work independently while also collaborating effectively within a team
- Strong attention to detail, organizational, and analytical skills
- Excellent interpersonal and communication skills
- Positive attitude with a willingness to learn and grow
- Proficiency in Microsoft Excel
Nice to have
- Experience in digital healthcare
- Experience with NetSuite
- Exposure to system implementations or AP automation initiatives
- Experience managing multi-state or multi-currency payables
Who we are
Transcarent is the One Place for Health and Careᵀᴹ, bringing medical, pharmacy, and point solutions together with the WayFindingᵀᴹ experience, the first and only generative AI-powered health and care platform for health consumers. Our WayFinding experience, paired with transparent and consumer-driven pharmacy care, 2nd.MD expert medical opinions, and virtual primary care, works seamlessly with comprehensive Care Experiences – Cancer Care, Surgery Care, and Weight Health – to support people with all of their health needs, simple or serious. More than 1,700 employers and health plans rely on us to provide information, guidance, and care, empowering health consumers with more choice, an experience they love, access to higher-quality care, and lower costs for 21 million Members. For more information, visit transcarent.com, and follow us on LinkedIn.
At Transcarent, our values guide everything we do:
- People First: We prioritize our Members, clients, and each other in every decision
- Care: Every decision starts with improving health and care for our Members
- Resilience: We push boundaries and take the uncharted path to change an industry
- Results: We take ownership, solve with speed, and deliver for our people and each other
- Humble and Human: We lead with humility, bring fun to tough moments, and go further together
Total Rewards
Individual compensation packages are based on a few different factors unique to each candidate, including primary work location and an evaluation of a candidate’s skills, experience, market demands, and internal equity.
Salary is just one component of Transcarent's total package. All regular employees are also eligible for the corporate bonus program or a sales incentive (target included in OTE) as well as stock options.
Our benefits and perks programs include, but are not limited to:
- Competitive medical, dental, and vision coverage
- Competitive 401(k) Plan with a generous company match
- Flexible Time Off/Paid Time Off, 13 paid holidays
- Protection Plans including Life Insurance, Disability Insurance, and Supplemental Insurance
- Mental Health and Wellness benefits
Transcarent is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. If you are a person with a disability and require assistance during the application process, please don’t hesitate to reach out!
Research shows that candidates from underrepresented backgrounds often don’t apply unless they meet 100% of the job criteria. While we have worked to consolidate the minimum qualifications for each role, we aren’t looking for someone who checks each box on a page; we’re looking for active learners and people who care about disrupting the current health and care with their unique experiences.
Top Skills
Similar Jobs
.png)
What you need to know about the Chicago Tech Scene
Key Facts About Chicago Tech
- Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
- Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
- Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
- Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory
