Accounts Payable Supervisor
1 day ago
Accounts Payable Supervisor oversees the company's accounts payable processes to ensure timely, accurate, and compliant payment of obligations to vendors, contractors, and service providers. This role is critical in maintaining strong supplier relationships, ensuring adherence to internal controls, and supporting the company's operational and project-based financial requirements.
Key Responsibilities
Accounts Payable Operations
- Supervise the end-to-end accounts payable process, including invoice verification, matching, approval routing, and payment processing.
- Ensure accuracy and timeliness of payments to suppliers, contractors, and other payees.
- Review and reconcile vendor statements, resolve discrepancies, and maintain updated supplier records.
- Oversee the preparation of payment vouchers, checks, bank transfers, and related documentation.
Compliance and Internal Controls
- Ensure adherence to company policies, accounting standards, and relevant tax regulations.
- Monitor compliance with internal control procedures, including proper documentation and approval of transactions.
- Coordinate with external and internal auditors for accounts payable–related requirements.
Vendor and Stakeholder Management
- Serve as the primary point of contact for vendors and internal departments regarding payment inquiries.
- Build and maintain positive relationships with suppliers to ensure smooth transactions and resolve disputes promptly.
Reporting and Analysis
- Prepare and analyze accounts payable aging reports and recommend actions for overdue items.
- Provide periodic reports on accounts payable status to management, including cash flow forecasts related to payables.
Team Leadership and Development
- Supervise, train, and mentor accounts payable staff to ensure high performance and continuous process improvement.
- Assign tasks, monitor workloads, and conduct performance evaluations.
Skillset:
- Bachelor's degree in Accounting, Finance, or a related field.
- Minimum of 5 years of relevant accounting experience, with at least 2 years in a supervisory role.
- Experience in real estate, property development, or construction industry preferred.
- Strong knowledge of accounts payable processes, accounting standards, and tax compliance.
- Proficient in accounting systems (e.g., SAP, Oracle, QuickBooks) and MS Office applications, especially Excel.
- Excellent analytical skills and attention to detail.
- Strong organizational and time management skills.
- Effective leadership, communication, and interpersonal skills.
- Ability to work under pressure and meet deadlines.
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