
Accounts Payable Manager
6 days ago
Role Summary:
The Accounts Payable Lead oversees the accounts payable function to ensure accurate and timely processing of invoices, expense reports, and payment transactions. This role is responsible for supervising AP staff, maintaining strong internal controls, ensuring compliance with policies and procedures, and coordinating with vendors and internal stakeholders.
Key Responsibilities:
- Supervise daily operations of the accounts payable team, including invoice processing, payment runs, and reconciliations.
- Review and approve invoices, expense claims, and payment requests in accordance with company policies.
- Monitor AP aging reports and ensure timely resolution of outstanding items and discrepancies.
- Manage vendor relationships, resolve inquiries, and ensure accuracy of vendor data.
- Coordinate monthly, quarterly, and year-end closing activities related to AP, including accruals and reports.
- Assist in developing and implementing AP policies, procedures, and internal controls.
- Train and mentor AP staff to ensure high performance and adherence to deadlines.
- Collaborate with Procurement, Treasury, and other departments to streamline processes and resolve issues.
- Support audits by preparing documentation and responding to auditor inquiries.
- Identify and drive process improvements to increase efficiency and accuracy in the AP function.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field.
- Minimum of 3–5 years of experience in accounts payable, with at least 1–2 years in a supervisory or lead role.
- Strong understanding of accounting principles and AP processes.
- Proficient in accounting systems (e.g., SAP, Oracle, NetSuite) and Microsoft Excel.
- Excellent analytical skills and attention to detail.
- Strong organizational and time management abilities.
- Effective communication and leadership skills.
- Ability to handle sensitive information with confidentiality.
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