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Jobs / Transactional Accountant /
Accounts Payable Manager Profile
Key Achievements:
Implemented streamlined AP processes, reducing invoice processing and payment cycles by 30%.
Introduced automation tools and electronic workflows, saving the department 15+ hours per week.
Improved supplier relationship management, negotiating early payment discounts worth £100,000 / $120,000 annually.
Reduced payment errors by 40% through enhanced controls and reconciliations.
Mentored and developed AP team members, improving team efficiency and reporting accuracy.
Duties & Responsibilities:
Manage the accounts payable function, including invoice processing, payments, and reconciliations.
Develop and implement AP policies, procedures, and internal controls.
Monitor and manage supplier accounts, ensuring timely and accurate payments.
Oversee month-end and year-end AP activities, including accruals and reconciliations.
Prepare reports and dashboards for senior management on AP performance and KPIs.
Identify opportunities for process improvement, automation, and cost savings within AP.
Resolve complex payment queries and disputes with suppliers.
Liaise with internal teams, including procurement, finance, and operations, to streamline AP processes.
Ensure compliance with statutory and regulatory requirements, including VAT and other relevant taxes.
Lead and mentor the accounts payable team, supporting development and performance management.
Coordinate and support internal and external audits relating to accounts payable.
Maintain accurate records of invoices, payments, and supplier correspondence.
Approve payments and oversee payment runs, including domestic and international transfers.
Implement continuous improvement initiatives to enhance AP efficiency and accuracy.
Monitor cash flow related to supplier payments and manage early payment discount opportunities.
Assist in budget preparation and forecasting for accounts payable activities.
Provide ad-hoc analysis and reporting on AP trends, disputes, and efficiencies.
Participate in finance system upgrades and automation projects.
Maintain confidentiality, integrity, and professional standards within the AP function.
Ensure the AP team adheres to company policies, professional standards, and ethical practices.
Jobs found @ Accounts Payable Manager Profile
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