Accounts Payable Manager Job Description

Accounts Payable Manager manages all activities in the accounts payable function. Ensures timely payments of vendor invoices and expense vouchers and maintains accurate records and control reports. Being an Accounts Payable Manager reviews applicable accounting reports and accounts payable register to ensure accuracy. Typically requires a bachelor’s degree. Additionally, Accounts Payable Manager typically reports to a head of a unit/department. The Accounts Payable Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be an Accounts Payable Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required.

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Accounts Payable Manager Job Description Template

Our company is looking for a Accounts Payable Manager to join our team.

Responsibilities:

  • Other duties as assigned;
  • Reconcile Corporate Credit Card Balances Daily and Statements Monthly;
  • Verify Inventory Receipts and Resolve Discrepancies;
  • Other ad-hoc projects;
  • Act as a strategic advisor to the business and subject matter expert on the procure to pay cycle and travel and expense;
  • Partner with FP&A team to aid in the preparation of working capital projections;
  • Provide audit support throughout the year, as required;
  • Assist management in streamlining AP related workflow and processes and automating systems;
  • Provide timely assistance and explanation to inquiries and questions regarding accounts payable raised by other departments;
  • Manage quarterly and annual audit preparation related to AP functions with both external and internal auditors;
  • Review and ensure complete and accurate preparation of monthly vendor statement reconciliation by AP team staff at month end;
  • Experience working in a law firm preferred;
  • Design, develop, and implement new processes;
  • Hiring, training, motivating, and evaluating Accounts Payable staff members;
  • Overseeing routine department activities, such as disbursing checks and processing payroll, to ensure that they are completed accurately and on time.

Requirements:

  • Experience with Excel and other Microsoft Business Platforms;
  • Experience with Microsoft Dynamics Accounting Software preferred;
  • Bachelor’s Degree OR 1-plus year experience in Accounts Payable or Related Field;
  • Have keen judgment, make sound independent decisions, and know when to escalate matters;
  • A proven track record of 3+ years leading and developing high performing teams;
  • You have a Bachelors or higher degree in Accounting or Finance;
  • Strong systems and computer skills with the ability to organize, plan and coordinate staff within a corporate structure;
  • Must work a full shift, come to work on time, and work overtime as needed;
  • NetSuite experience highly preferred;
  • Bachelor’s degree in accounting or finance;
  • Demonstrated supervisory work;
  • Demonstrated effective oral and written communication skills;
  • More than 5 years of Accounts Payable experience;
  • Motivation to develop and maintain internal and external relationships;
  • Strive for excellence in all aspects of the job.