AP Manager

Aston Carter•Austin, TX

3d•$50 - $65•Hybrid

About The Position

This role, Manager of Strategic Sourcing leads the organization’s procurement, sourcing, and accounts payable (AP) functions to ensure strong financial stewardship, operational efficiency, and risk-aware vendor relationships. This role oversees the end‑to‑end sourcing and purchasing lifecycle, while also ensuring timely, accurate, and well‑controlled vendor payments. The position leads and develops a team of vendor managers and procurement and AP professionals, aligning people, processes, and supplier strategy to deliver cost optimization, service excellence, regulatory compliance, and strong internal controls. The position partners closely with Finance, Risk Management, Legal, IT, Compliance, and business leaders to ensure vendors meet credit union standards for security, performance, resilience, and value.

Requirements

Bachelor’s degree in Supply Chain, Business Administration, Finance, or a related field.
7+ years of experience in strategic sourcing, procurement, supply chain, or vendor management.
Experience in financial services, credit unions, banking, or a regulated industry.
5+ years of formal or informal management and leadership experience developing and/or leading teams required.
Understanding of third‑party risk management requirements (NCUA 12 CFR Part 748, FFIEC, SOC reports, cybersecurity standards).
Proficiency with procurement or vendor management tools; comfort working with Finance, IT, and Risk teams.

Nice To Haves

8-10+ years of progressive sourcing experience including leadership of complex initiatives may be considered at the Manager level based on scope of the role and responsibilities.
Experience sourcing technology solutions such as digital banking, lending platforms, payments systems, cybersecurity tools, or data/analytics solutions.
Experience managing vendor scorecards, KPIs, and service‑level frameworks.
Knowledge of credit union operating models, cooperative principles, and member‑focused service culture.

Responsibilities

Develop, coach, and lead an effective, high-performance procurement and AP team
Set clear performance expectations and foster a culture of accountability and continuous improvement.
Partner with Finance, Risk, Legal, IT, and business units to align sourcing and payment activities with enterprise strategy.
Present procurement and AP insights, risks, and opportunities to leadership
Develop and execute enterprise sourcing and procurement strategies aligned with organizational goals.
Lead competitive sourcing initiatives (RFPs, RFIs, RFQs) to secure best‑value solutions.
Oversee contract negotiations, including pricing, service levels, risk provisions, and termination terms.
Partner with business owners to define requirements and ensure sourcing decisions meet operational needs.
Establish category management, spend analytics, and savings tracking.
Continuously assess vendor market trends and benchmark supplier performance to ensure ongoing alignment with market and business expectations.
Standardize procurement workflows, approval thresholds, and documentation.
Promote ethical procurement practices and adherence to delegation-of-authority policies.
Oversee end‑to‑end AP operations, including invoice intake, approvals, disbursements, reconciliations, and vendor inquiries.
Ensure strong internal controls, segregation of duties, and audit readiness.
Drive AP process optimization, automation, and electronic payments.
Monitor AP metrics (aging, cycle time, exception rates, discount capture).
Collaborate with vendor management and risk partners to support vendor onboarding, performance monitoring, and contract compliance.
Support service performance reviews and vendor scorecards.
Identify and escalate vendor‑related financial, operational, or compliance risks.
Contribute to continuous improvement of vendor and procurement governance practices.
Maintain policies, procedures, and documentation for procurement and AP processes.
Ensure compliance with internal policies, regulatory expectations, and audit requirements.
Support the organization’s Three Lines of Defense model through strong first‑line ownership.
Drive maturity in sourcing, procurement, and payment controls.
Adhere to all company policies, procedures and business ethics codes.
Complete required regulatory training as assigned.
Maintain strict adherence and compliance to all laws, rules, regulations and internal controls specific to your role, including but not limited to Bank Secrecy Act, Anti-Money Laundering, USA Patriot Act, OFAC and Fair Lending regulations.