Accounts Payable Manager

ACCOUNTS PAYABLE MANAGER

JOB SUMMARY

The Accounts Payable Manager oversees the accounts payable function, ensuring accurate and timely invoice processing, vendor payments, reconciliations, and compliance with company policies.

KEY RESPONSIBILITIES

1. Accounts Payable Operations

• Manage invoice processing, payment approvals, and vendor payments.
• Review AP transactions for accuracy and completeness.
• Ensure timely processing of invoices and payment requests.

2. Vendor Management

• Maintain accurate vendor records and payment information.
• Resolve invoice discrepancies and vendor payment issues.
• Monitor vendor accounts and payment terms.

3. Reconciliation & Reporting

• Review AP reconciliations and outstanding balances.
• Prepare accounts payable reports and aging summaries.
• Support month-end and year-end closing activities.

4. Team & Compliance

• Supervise and support accounts payable staff.
• Maintain appropriate AP controls and procedures.
• Support audits and ensure compliance with company policies.

KEY PERFORMANCE INDICATORS (KPIs)

• Invoice processing accuracy.
• Timely vendor payments.
• AP reconciliation accuracy.
• Invoice exception resolution time.
• Compliance with AP procedures and controls.

QUALIFICATIONS

• Bachelor’s degree in Accounting, Finance, or a related field.
• 3–5 years of accounts payable or accounting experience.
• Experience supervising accounting staff preferred.
• Strong knowledge of accounting principles and AP processes.
• Proficiency in Excel and accounting software.

ROLE EXPECTATIONS

• Ensure efficient and accurate AP operations.
• Maintain strong vendor relationships.
• Resolve payment issues promptly.
• Support accurate financial reporting and internal controls.