Accounts Payable Manager
3 weeks ago
We are seeking an experienced Accounts Payable Manager to lead and oversee the daily operations of the department while managing a dedicated team. The ideal candidate will be responsible for maintaining strong internal controls, implementing strategic initiatives, and driving process improvements. The Accounts Payable Manager will play a critical role in optimizing payment processes, ensuring accuracy, and fostering a culture of efficiency and automation. This role requires a proactive leader who can enhance team performance, improve workflows, and ensure compliance with financial regulations.
Responsibilities:
- Manage the day-to-day operations of an Accounts Payable team, ensuring timely and accurate processing of payments.
- Oversee all functions within Accounts Payable, maintaining compliance with established policies and protocols.
- Develop and enforce internal controls, setting departmental priorities and strategic initiatives.
- Drive process improvements and automation to streamline workflows and enhance operational efficiency.
- Implement best practices for invoice processing, vendor payments, and reconciliation of accounts.
- Assign projects and provide guidance to staff, ensuring adherence to deadlines and accuracy in reporting.
- Analyze financial data and performance metrics to optimize the department’s operations and adjust goals based on business needs.
- Collaborate with IT and product teams to implement and test new systems that enhance the payment process.
- Develop key performance indicators (KPIs) to measure productivity, accuracy, and turnaround times.
- Communicate departmental goals, strategies, and operational results to the team and stakeholders.
- Lead performance management, including coaching, development planning, and regular reviews for direct reports.
- Conduct employee performance reviews and develop growth and improvement plans.
- Create and maintain Standard Operating Procedures (SOPs) to align with business goals and ensure target achievements.
- Foster a team environment that encourages accountability, continuous improvement, and high performance.
Requirements and Skills:
- Bachelor’s Degree (or equivalent experience) in Accounting, Finance, or a related field.
- Minimum 5 years of proven experience in Accounting management or related roles, with experience leading and developing a team.
- Strong leadership and decision-making skills, with a focus on achieving results and driving change.
- Excellent organizational skills and the ability to manage multiple priorities in a fast-paced environment.
- Proficiency in accounting software, databases, and advanced Microsoft Office skills.
- Excellent communication skills, with the ability to engage effectively across all levels of the organization.
- Knowledge of performance management and employee development strategies.
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