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Accounts Payable Manager
2 months ago
The Accounts Payable Supervisor will oversee an accounts payable team, and direct the processing of invoices and payments.
Key Responsibilities:- Team Management: Interviews prospective employees and chooses the best applicant based on skills, knowledge, and abilities required for the job.
- Training and Development: Trains and oversees employees involved in payment functions.
- Task Direction: Directs assigned tasks and assists as needed.
- Performance Evaluation: Assists with performance evaluations.
- Cash Flow Management: Oversees reports regarding cash flow; ensures correct payments are made promptly.
- Invoice Processing: Develops guidelines for properly handling and coding invoices to maintain general ledger expense accounts and inventory records.
- Expense Report Analysis: Analyzes expense reports and other invoices for accuracy and eligibility for payment.
- Payment Verification: Verifies payment runs before processing by reviewing checks and vouchers.
- Account Reconciliation: Reconciles accounts payable total and general ledger with other applicable records (e.g., subsidiary vendors' ledger).
- Recordkeeping: Ensures proper recordkeeping of purchases for use in tax preparation and periodic audits.
- Vendor Management: Ensures employer identification numbers or social security numbers have been collected from all vendors to prepare and submit 1099s.
- Record Storage: Ensures proper maintenance, filing, and storage of records in case of audits.
- Additional Duties: Performs other related duties as assigned.
- Communication: Excellent verbal and written communication skills.
- Technical Skills: Proficient in accounting software and Microsoft Office Suite or related software.
- Excel Skills: Intermediate or above skill level in Excel.
- Accounts Payable Knowledge: Thorough understanding of accounts payable functions.
- Leadership and Analytical Skills: Excellent supervisory and analytical skills.
- Organizational Skills: Excellent organizational skills and attention to detail.
- Staff Motivation: Ability to motivate staff.
- Education: Bachelor's degree in Accounting or Business Administration preferred.
- Experience: Three or four years of accounts payable experience with at least two years in a managerial or supervisory capacity.
