100 King Street West Toronto Ontario,M5X 1A1

The Manager, Accounts Payable (AP) is responsible for the leadership, oversight, and operational effectiveness of the Accounts Payable function within GAM. This role ensures timely, accurate, and compliant processing of invoices and payments, strong vendor management practices, and adherence to financial controls. The Manager leads a small team, partners closely with internal stakeholders across Finance, Procurement, and the business, and drives continuous improvement to enhance process efficiency, risk management, and service delivery.

This position is critical in maintaining operational excellence and supporting the broader organization’s financial stewardship.

Key Responsibilities

Leadership & Team Management

• Lead and develop the Accounts Payable team, ensuring high performance, accuracy, and exceptional customer service.
• Provide coaching, mentorship, and cross‑training to support resiliency and career development.
• Establish clear performance standards and monitor team workloads, performance metrics, and service levels.

Accounts Payable Operations

• Oversee end‑to‑end AP processing, including vendor setup, invoice intake, coding, approvals, and payment execution.
• Ensure compliance with BMO’s financial controls, policies, audit requirements, and regulatory standards.
• Resolve complex issues related to exceptions, discrepancies, or escalations.
• Maintain accurate AP records and ensure timely month‑end and year‑end closing activities.

Process & Systems Management

• Drive continuous improvement in AP workflows, automation, and data accuracy.
• Partner with Technology, Procurement, and Finance on process enhancements and tool upgrades.
• Support the transition to new systems or enhancements (e.g., SmartProcure/SmartExpense, Revport) and ensure strong adoption and training.
• Monitor key performance indicators and identify opportunities for efficiency gains.

Vendor & Stakeholder Engagement

• Serve as a primary contact for vendor inquiries and internal partners regarding payments and issue resolution.
• Build strong relationships with Procurement, Finance, and business leaders to ensure alignment and operational transparency.
• Support contract, invoice, and payment‑related reviews in partnership with Finance and Compliance teams.

Governance, Controls & Risk Management

• Oversee adherence to internal controls, approvals, delegation of authority, and financial governance frameworks.
• Support internal and external audit requests, ensuring completeness and accuracy of documentation.
• Review technical service agreements (TSAs) and support intercompany payment processes
• Identify operational risks, implement mitigation strategies, and escalate issues when appropriate.

Reporting & Insights

• Prepare regular performance reporting, dashboards, and insights for leadership.
• Provide analytics related to spend, payment cycle times, backlog, and exception trends.
• Leverage data to support operational decision‑making and continuous improvement.

Qualifications

Education & Experience

• 5+ years of experience in Accounts Payable, Finance Operations, or related functions.
• Experience in a leadership or supervisory role overseeing AP processing.
• Previous work in a large, complex financial or corporate environment preferred.
• Experience with AP systems such as SmartProcure

Skills & Competencies

• Strong understanding of AP processes, financial controls, and risk management.
• Excellent attention to detail and ability to manage high‑volume workflows.
• Strong stakeholder management and communication skills.
• Ability to lead teams through change and drive process improvement.
• Proficiency with financial systems, AP platforms, and MS Office (especially Excel).
• Strong analytical and problem‑solving skills.

Salary:

$69,000.00 - $129,000.00

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.