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Procurement Accounting Jobs in Minnesota (NOW HIRING)

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Procurement Accounting information

What is the difference between Procurement Accounting vs Accounts Payable Specialist?

AspectProcurement AccountingAccounts Payable Specialist
CredentialsAccounting certifications (e.g., CPA), finance backgroundBasic accounting knowledge, often no specific certification required
Work EnvironmentFinance or accounting departments, procurement teamsFinance or accounting departments, vendor management
Employer & IndustryManufacturing, retail, government, corporate sectorsSimilar industries, focused on invoice processing

Procurement Accounting focuses on managing financial records related to procurement transactions, ensuring accurate cost allocation and compliance. In contrast, Accounts Payable Specialists handle invoice processing, vendor payments, and maintaining payable records. While both roles require accounting knowledge, Procurement Accounting emphasizes procurement financial management, whereas Accounts Payable Specialists focus on payment processing and vendor relations.

What is a procurement accountant?

A procurement accountant is a professional responsible for managing financial transactions related to purchasing goods and services for an organization. They ensure accurate recording of procurement costs, monitor budgets, and may use accounting software to track expenses and compliance with financial policies.

What is the role of procurement accounting in procurement?

Procurement accounting in a procurement role involves tracking and managing the financial aspects of purchasing activities, including recording purchase transactions, verifying invoices, and ensuring compliance with budgets and financial policies. It supports accurate financial reporting and helps control costs throughout the procurement process.

Is procurement accounting a high stress job?

Procurement accounting can be moderately stressful due to the need for accuracy, attention to detail, and meeting deadlines in managing supplier payments and financial records. The level of stress varies depending on the organization, workload, and complexity of procurement processes, but strong organizational skills and familiarity with accounting software can help manage pressure.
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What cities in Minnesota are hiring for Procurement Accounting jobs? Cities in Minnesota with the most Procurement Accounting job openings:
    Procurement Accounting jobs near you

    Senior Director, Accounting

    Digi-Key Electronics

    Thief River Falls, MN • Hybrid

    $160K - $220K/yr

    Full-time

    Re-posted 16 days ago

    Job description

    DigiKey is one of the fastest growing distributors of electronic components in the world. In addition to offering the broadest selection of in-stock electronic components and providing the best service possible to customers, employees have access to a highly competitive benefits package. To learn more, visit our benefits and perks page.

    ______________________________________________________________________

    Position Overview:We are seeking a dynamic and executionfocused Senior Director, Accounting to lead our highvolume, enterprisewide accounting functions. This role is ideal for a seasoned accounting leader who thrives in operational environments, brings deep technical expertise, and is energized by transformation, automation, and process excellence. You will oversee Accounts Receivable, Accounts Payable, General Ledger, and Tax Operations while serving as a key business owner for our Oracle Fusion ERP platform.
    This is a critical leadership role that ensures the accuracy, efficiency, and scalability of our financial operations as the company continues to grow.
    This is a hybrid position, with a standard Monday, Wednesday, and Thursday onsite schedule. Other onsite work may be required as business needs dictate.Responsibilities:

    LeadHighVolumeAccounting Operations

    • Overseeoperations acrossAccounts Receivable, supporting tens of thousands of active terms accounts with high transactional throughput.

    • Oversee Accounts Payableoperations, ensuringtimely,accurate, and compliant vendor payments.

    • OverseeGeneral Ledgeractivitiesthatincludejournal entry governance, reconciliations, and close processes.

    • OverseeTax Operations, including indirect tax complianceand audit readiness.

    Drive Operational Excellence

    • Build and scale processes that supporthighvolume,highcomplexityenvironments.

    • Develop and monitor KPIs to ensure accuracy, timeliness, and efficiency across all accounting functions.

    • Strengthen internal controls and ensure compliance with GAAPand company policies.

    Own and Optimize Oracle Fusion

    • Serve as the business owner for theOracle Fusion ERPplatform across AR, AP, GL, and tax modules.

    • Partner with IT to drive system enhancements, integrations, and workflow improvements.

    • LeadERPrelatedprojects, upgrades, and automation initiatives.

    Champion Automation & Continuous Improvement

    • Identifyopportunities to streamline processes using automation,AI,RPA, workflow tools, and analytics.

    • Leadcrossfunctionaltransformation initiatives to reduce manual work and improve data quality.

    • Implementbestinclassoperational practices and scalable process frameworks.

    Lead & DevelopHighPerformingTeams

    • Manage and mentor leaders across AR, AP, GL, and tax operations.

    • Foster a culture of accountability, collaboration, and continuous improvement.

    • Partner closely with FP&A, Treasury, Procurement, and business units to support enterprise priorities.

    What You Bring

    • Bachelor's degree in Accounting, Finance, or related field; CPA preferred.

    • 12+ years of progressive accounting experience, including leadership of large operational teams.

    • Strong background in AR, AP, GL, and tax operations withinhighvolumeenvironments.

    • Handsonexperience withOracle Fusionor similar enterprise ERP systemspreferred

    • Proventrack recorddriving automation, process improvement, and operational transformation.

    • Deep understanding of GAAP, internal controls, and compliance frameworks.

    • Exceptional leadership, communication, andcrossfunctionalpartnership skills.

    Nice to Have

    • Experience in a shared services or centralized accounting operations model.

    • Exposure to controllership responsibilities or a desire to grow into a future Controller role.

    • Experience supporting large customer portfolios or complex billing environments.

    Why Join Us

    • Opportunity to lead amissioncriticalfunction withenterprisewideimpact.

    • High visibility with senior leadership and a clear path to future growth.

    • A chance to modernize and transform accounting operations on anextgenerationERP platform.

    • A culture that values innovation, collaboration, and operational excellence.

    Physical Requirements:

    • Generally, spend the workday sitting at a workstation and operating computer devices, such as, but not limited to keyboard, mouse and screen

    • Generally, spend the workday performing repetitive motions that involve or affect the hands, head, and other parts of your body

    Compensation:

    The base pay range for this position is:

    $160,000

    to

    $220,000

    Many factors influence the determination of base pay within a range, including the candidate's work experience in related roles; the candidate's knowledge, skills, capabilities, and performance; the relative pay of other DigiKey employees in similar roles; and the budget available for the position.

    ______________________________________________________________________

    Must be authorized to work in the U.S. without the need for employment-based immigration sponsorship, now or in the future. The employer does not offer immigration sponsorship for this opportunity.

    DigiKey Electronics is an Equal Opportunity Employer. We encourage all qualified candidates, including protected veterans and individuals with disabilities, and to apply and be considered for open positions.

    If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process, please contact Human Resources at 1-800-338-4105 or careers.us@digikey.com.

    Know Your Rights: Workplace Discrimination is Illegal

    Digi-Key Electronics logo

    About Digi-Key Electronics

    Sourced by ZipRecruiter

    Industry

    Electrical equipment, appliance, and component manufacturing

    Company size

    1,001 - 5,000 Employees

    Headquarters location

    Thief River Falls, MN, US

    Year founded

    1972

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