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Senior Accounts Payable Coordinator

Ryan Specialty Group

Chicago, Illinois

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JOB DETAILS
SKILLS
Accounting, Accounts Payable, Aging Analysis, Auditing, Automation, Best Practices, Billing, Claims Processing, Compensation and Benefits, Detail Oriented, Documentation, Finance, Insurance, Leadership, Litigation Settlement, Maintain Compliance, Mentoring, Organizational Skills, People Management, Performance Analysis, Problem Solving Skills, Process Improvement, Reconciliation, Sarbanes-Oxley Act (SOX), Systems Administration/Management, Time Management, Vendor/Supplier Management, Vendor/Supplier Selection, Vlookups
LOCATION
Chicago, Illinois
POSTED
7 days ago
Position Summary
Role Summary
The Senior Accounts Payable Coordinator oversees and executes complex accounts payable functions, ensuring accurate, timely processing of invoices and payments while maintaining strong internal controls. This role also provides guidance to junior AP staff and serves as a key liaison between vendors, procurement, and finance leadership.

What will your job entail?

Key Responsibilities:
  • Process high-volume, complex invoices, ensuring proper approvals and coding
  • Reconcile vendor statements and resolve discrepancies and payment issues promptly
  • Manage payment runs (ACH, wire, check) and ensure compliance with payment terms
  • Review and approve work completed by Accounts Payable Clerks/Coordinators
  • Assist with month-end and year-end close, including accruals and AP aging analysis
  • Maintain and enforce internal controls and SOX compliance (if applicable)
  • Support audits by preparing documentation and responding to auditor inquiries
  • Lead or support AP process improvements, system upgrades, and automation initiatives
  • Train, mentor, and provide day-to-day guidance to junior AP team members
  • Process and review claim-related invoices and payment requests, including settlements, legal fees, vendor services, and indemnity payments

Qualifications:
  • Associate's (required) or Bachelor's degree in Accounting, Finance, or related field (preferred)
  • 5+ years of progressive accounts payable experience within Insurance or Finance industries
  • Strong knowledge of AP best practices, vendor management, and internal controls
  • Advanced proficiency in Excel (VLOOKUP/XLOOKUP, PivotTables)
  • Excellent attention to detail, problem-solving, and organizational skills
  • Ability to manage deadlines in a fast-paced, high-volume environment
  • Strong preference to be in vicinity of one of our Ryan Specialty offices across the US (ie. Chicago, NYC, Melville NY, Houston, Atlanta)

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them - and their family members - achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target hourly rate range for this position is $24.00 - $30.00 per hour.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at HR@Ryansg.com

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

About the Company

R

Ryan Specialty Group