Accounts Payable Manager
Job Details
Full Job Description
Accounts Payable (P2P) Manager
Job
Purpose
To manage and deliver a strong, efficient, and
effective Accounts Payable (P2P) function in line with internal and
external governance and regulations. Responsible for driving
efficiency improvements working towards a completely paperless
workflow from procurement-to-payment (P2P), enjoying same-day invoice
approval and ensuring payments made consistently on time and within
terms.
Strong customer service and communication skills are
essential to develop and maintain strong relationships with suppliers
and internal stakeholders to deliver a confident and consistent
service.
Reports to: Head of Operational Finance.
Line
Management: 3-6 individuals including AP Clerks and Central Finance
Officers responsible for P2P processing.
Main Areas of
Responsibility
* Ensure that purchasing administration
from point of order through to payment is administered in line with
agreed Service Levels. This includes expense, bursary and credit card
management.
* Ensure Suppliers are informed and up to date with
payments, striving to ensure positive supplier engagement as a
baseline to securing favorable terms.
* In managing the Accounts
Payable team:
- Ensure that the creditors control accounts and purchase ledger are operated accurately, efficiently, and to agreed timescales, and ensure creditors are paid accurately and on time.
- Ensure smooth operation of the payment process and adequate checks in place to ensure correct payments made.
- Ensure that correct coding is in place to ensure that accounting information is correct and can be relied upon.
* Ensure all employee expense processing and auditing is
completed on time and in line with internal policies.
* To ensure
timely problem and issue management in line with agreed service
levels.
* Develop and maintain insightful management reporting on
key performance indicators, providing confidence that key controls are
maintained, visibility of adherence to agreed service levels, and
tracking of overall performance improvements.
* Ensure a high
level of data quality is maintained to ensure maximum effectiveness of
end-to-end processing.
* Drive efficiencies and effectiveness of
the team, processes, data, and systems to enable improvements in the
end-to-end P2P workflow.
* Develop and lead an efficient and
motivated team to delivery of accurate and timely P2P information and
results.
* Communication and Stakeholder engagement - maintain
effective communication with key stakeholders, developing strong and
positive relationships.
Experience
Proven
experience in similar Accounts Payable leadership roles.
Experience of processing high volume transactions across complex
structures.
Knowledge of accounting and VAT principles is
essential, enabling production of accurate VAT returns.
Experience
of running & driving improvements within an Accounts Payable
function.
Track record of managing and developing high performing
teams.
Experience of Oracle Fusion or similar complex financial
systems, e.g. SAP.
Attributes
Strong
ownership and accountability along with a positive can-do
attitude.
Ability to assess performance from a holistic view,
drawing out key areas for improvement and resolution.
Strong data
analysis and problem-solving skills, utilizing information to identify
areas of concern, root causes, and trends, driving improvements in
overall performance and effectiveness.
Excellent customer service
and communication skills required, ability to convey financial
information to all staff members.
Uses time management techniques
to plan and organize workload, managing peaks and troughs in
workload.
Strong people management skills, establishing clear
training and development plans for individuals and teams.
Strong
communication and engagement skills.
Our client is seeking an
experienced Accounts Payable Manager to join their team. If you have a
strong finance background, experience in managing Accounts Payable
teams, and a track record of driving process improvements, then we
want to hear from you. Apply now!
Accounts Payable Manager
Barclay Meade
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