Accounts Payable Manager
Job Description Template

Job Overview

We are looking for an experienced and competent Accounts Payable Manager to join our Accounting department on full-time basis. You will be responsible for day to day smooth running of all accounts payable functions. Besides, you will be serving as an intermediary between the Accounts Payable department and different vendors/suppliers. Conducting timely and accurate account reconciliation is also a part of your job role. 

You will be directly reporting to the Director of the Accounting Department. Also, you will be hiring and training staff members and assigning them daily tasks. You should be supervising all routine activities like maintaining the general ledger and processing payrolls/invoices on time. Your strong analytical and management skills are key to building strong financial relationships with other businesses/vendors. 

Apply immediately if your accounting and managerial skills match our requirements.

Responsibilities

• Maintaining accuracy in all financial reporting procedures

• Serving as an intermediary between departmental and external suppliers

• Hiring, training, and supervising team members

• Assigning daily tasks to team members such as processing payrolls and purchase orders

• Compiling, analysing and reporting financial information

• Implementing corrective measures to facilitate departmental objectives and goals

• Building and maintaining relationships with vendors, suppliers, and business partners

• Managing accounting functions like maintaining the general ledger, month-end closing, and expense reporting

• Ensuring accuracy of financial statements and payment transactions

• Maintaining and updating vendor database and spreadsheets

• Undertaking reconciliation of supplier statements

• Negotiating payment terms with vendors and suppliers

• Adhering to the Federal and State regulations and policies when conducting any accounting activities

• Executing vendor payment runs and assessing tax related processes

Requirements

• Bachelor’s degree in Accounting, Management, Finance or related field

• Proven work experience as an Accounts Payable Accountant, Accounts Payable Clerk, or similar position

• Knowledge of bookkeeping and accounting practices

• Familiarity with accounting software and principles 

• Understanding of Federal and State regulations

• Strong analytical and mathematical skills

• Excellent managerial and leadership skills

• Strong verbal and written communication skills

• Ability to analyze complex financial data accurately

• Basic computer skills

• Strong presentation and negotiation skills

• Knowledge of accounts payable processing practices and guidelines

• Ability to offer excellent customer service

• Ability to conduct all accounting functions adhering to the company policies