Accounts Payable Manager

6 days ago

Makati, Philippines The Bistro Group Full time

As the Payables Processing Manager, you will oversee the efficient and accurate processing of accounts payable transactions within our organization. You will play a critical role in managing the payables team, ensuring timely payments to vendors, adherence to financial policies and procedures, and maintaining strong relationships with internal and external stakeholders. This position reports to the Director of Finance or Controller and requires strong leadership, analytical skills, and attention to detail.

Your role will include evaluating and updating existing policies, as well as contributing to the development of new ones.

Key Responsibilities:
  • Management of Payables Operations: Supervise and lead the accounts payable team, providing guidance, coaching, and development opportunities to ensure high performance and productivity. Oversee the day-to-day operations of the payables function, including invoice processing, payment processing, vendor inquiries, and resolution of payment discrepancies.
  • Financial Controls and Compliance: Implement and enforce policies, procedures, and internal controls to ensure accuracy, completeness, and compliance with accounting standards and regulatory requirements. Conduct regular audits and reviews of payables processes to identify areas for improvement and ensure adherence to financial policies.
  • Payment Processing and Cash Management: Monitor cash flow and cash requirements to prioritize and schedule payments in accordance with due dates and terms. Coordinate with treasury and banking teams to ensure efficient payment processing and reconciliation of accounts.
  • Reporting and Analysis: Prepare and analyze payables reports, aging reports, and other financial reports for management review. Provide insights and recommendations based on analysis of payables data, trends, and metrics to support strategic decision-making.
  • Process Improvement and Efficiency: Identify opportunities to streamline payables processes, improve efficiency, and reduce processing times through automation, system enhancements, and best practices. Lead initiatives to implement new technologies or systems to enhance payables operations and data management capabilities.
  • Training and Development: Conduct training sessions for staff on payables processes, systems, and compliance requirements. Foster a culture of continuous learning and development within the payables team to promote professional growth and excellence.
Qualifications:
  • Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. CPA or equivalent certification is a plus.
  • Proven experience in accounts payable management or related roles, with demonstrated leadership and supervisory experience.
  • Strong understanding of accounting principles, financial controls, and regulatory requirements related to accounts payable.
  • Experience with ERP systems (e.g., Microsoft Business Central) and proficiency in Microsoft Excel for data analysis and reporting.
  • Excellent organizational skills, attention to detail, and ability to manage multiple priorities in a fast-paced environment.
  • Effective communication skills, with the ability to collaborate across departments and interact professionally with internal and external stakeholders.
Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing

Industries

Food and Beverage Retail

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