Reading accounting / finance / banking
Accounts Payable Manager
Key Accountabilities
- Managing the Accounts Payable team, and dealing with more complicated issues as they arise
- For all purchase invoices, check amounts, authorisations, account coding and compliance with the approved suppliers list, prior to input, as well as distributing invoices for the necessary authorisation as appropriate.
- Ensure the integrity, probity and reasonableness of the production and processing of core financial documents, in respect of the Accounts Payable ledger, in order to minimise financial risk via the correct implementation of local procedures.
- Identify expenditure that is suitable for pre-payment, and assisting the Accounting Centre team to recognise the expenditure correctly in the Management Accounts.
- Identify expenditure that is suitable for capitalisation, and assisting the Accounting Centre team to recognise the expenditure correctly in the Management Accounts.
- Deal with supplier and staff enquiries, which may involve both face-to-face and on the telephone communications.
- Manage the processes of setting up new supplier accounts, maintaining the supplier database, providing trading reference information and payment runs.
- Support the Accounting Centre and Finance Managers in the month end processes and the day by day functioning of finance, as well as suggesting process improvements (and then implementing as agreed).
- Reconcile the Accounts Payable Ledger control accounts.
- Ensure that all documentation is correctly filed, in order that key documents can be retrieved quickly to respond to enquiries from staff, suppliers and the financial auditors.
Candidate Requirements:
- The role holder will require a minimum of five year's experience of working within an accounts payable environment at least three years of which should be at manager level supervising teams of at least 10 people.
- Experience of supporting the implementation of a Purchase Order Processing system would be preferable.
- Experience of identifying, recommending and implementing improvements to accounts payable organisation, processes and procedures.
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