Our Accounts Payable Manager job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Accounts Payable Manager role
The Accounts Payable Manager is responsible for managing the accounts payable process, ensuring accuracy and timeliness of payments, and maintaining good relationships with vendors. This position supervises the accounts payable staff, reconciles accounts, and develops and implements policies and procedures related to accounts payable.
Role Purpose
The purpose of an Accounts Payable Manager is to manage the payment of accounts, verify accuracy of invoices and maintain records of payments and expenditures. They are responsible for reconciling accounts, preparing financial reports, such as aged payables, and researching and resolving discrepancies. They may also collaborate with other departments to ensure accuracy in the accounts payable process and provide guidance to staff on accounts payable policies and procedures.
Accounts Payable Manager Summary
The Accounts Payable Manager is responsible for managing and overseeing the accounts payable processes and ensuring accurate, timely payments to vendors and suppliers. This role will monitor and analyze accounts to ensure accuracy and compliance with company policies and procedures. The Accounts Payable Manager will develop and implement internal controls to ensure accuracy of vendor payments, review and audit invoices, and ensure timely payments. Additionally, this role will resolve discrepancies, develop and maintain supplier relationships, and assist with the preparation of financial statements. The Accounts Payable Manager will also provide guidance to accounts payable staff and ensure compliance with all legal and regulatory requirements.
Accounts Payable Manager Duties
- Processing invoices, payments and adjustments
- Developing and maintaining accounts payable procedures and systems
- Reconciling processed work by verifying entries and comparing system reports to balances
- Maintaining historical records
- Protecting organization's value by keeping information confidential
Accounts Payable Manager Skills
- Ability to manage and review the accounts payable process
- Strong interpersonal and communication skills
- Knowledge of Generally Accepted Accounting Principles (GAAP)
- Proficiency in Microsoft Office Suite
- Ability to prioritize tasks and meet deadlines
Accounts Payable Manager Requirements
- Manage accounts payable process
- Handle vendor invoices, payments, and reconciliations
- Ensure timely and accurate processing of payments
- Maintain accounts payable records
- Monitor accounts payable aging
- Develop and maintain positive relationships with vendors
Personal Traits
- Organizational and time management skills
- Ability to work independently and collaboratively
- Attention to detail
- Excellent communication and interpersonal skills