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Accounts Payable Manager

April 24, 2019

Accounts Payable Manager

United Kingdom, Luton

gateretail, Finance

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Posted on April 24, 2019

Job Summary

gateretail are looking to recruit an Account Payable Manager to join and be part of a highly motivated and industry leading team. If you are looking for your next challenge, then we might just have the role you’ve been looking for.

The Accounts Payable (AP) Manager is an integral role within Finance, responsible for implementing efficient working processes and controls within the Accounts Payable function, with a continuous focus on improvement.

The AP Manager is also responsible for the day to day management of the Accounts Payable Team, ensuring that all transactions are processed in a consistent, efficient and compliant manner. Key to this is building strong relationships with vendors and internal stakeholders, to enable timely query resolution.

Main Duties and Responsibilities:

* Train, develop and manage the Accounts Payable Team to ensure processes are completed with accuracy, deadlines are met, and key performance indicators achieved, with a focus on improving working capital

* Provide support to the AP team on high level query and issue resolution, and prioritisation of work

* Build strong relationships with vendors & internal stakeholders, and be the escalation point for complaints

* Oversee and ensure the timely and accurate coding and processing of third-party supplier invoices in line with company policy, including excel analysis of Basware entries to check coding accuracy

* Oversee the processing, netting off and payment of Inter-company invoices on a timely basis, in line with group timetable and guidelines

* Manage the processing of payment runs, both one off and routine monthly runs and correct allocation of payments (including direct debits) to relevant supplier invoices/accounts

* Conducting a review of the AP aging listing to determine and undertake appropriate follow-up actions

* Investigating debit balances on supplier accounts and obtaining additional documentation or refunds where required

* Oversee the timely reconciliation of supplier statements and follow up of related actions/queries

* Providing reasonably accurate cash flow forecasts to feed into the treasury forecast, and ensuring payments are made in line with fund requests from treasury

* Monitoring performance using appropriate, pre-determined KPIs, such as Days Payables Outstanding (DPO), tracker & error reports etc.

* Ensuring the proper capture and maintenance of supplier master data by providing timely and accurate updates to the SAP team

* Assisting with the requirements of both internal and external audit

* Providing accurate reports and data to facilitate month-end accruals

* Providing guidance, training and support to the wider team, on Accounts Payable related matters, as and when required

Qualifications:

Education:

* Educated to a University degree level

* AAT/CIMA/ACCA qualification completed or in progress is an advantage

Work Experience:

* Previous experience in a similar role within Accounts Payable

* Proven experience of leading an Accounts Payable function

* Experience of using Concur – desirable

Other Skills: (Certification, Licenses and Registration)

* Must possess good working knowledge end to end P2P (Procure to Pay) process

* Good understanding of Domestic, Intra EU and Non-EU VAT

* Knowledge of SAP or similar ERP preferred

* Strong IT skills, including Microsoft Office applications, Intermediate Excel essential

* Effective verbal and written communication skills in English

* Strong attention to detail to ensure a high degree of accuracy and adherence to all controls

* Ability to interpret financial data in a clear, concise and organised manner

* Ability to define problems, collect data, establish facts, solve problems, make recommendations, and draw valid conclusions in a timely and accurate manner

* Ability to work under pressure and to tight timescales, prioritising as appropriate

* Proactive and flexible attitude

* Sound analytical & Problem-Solving Skills

I would like to apply for the post of Accounts Payable Manager bases at your esteemed organisation. I have attached my CV.

CV:

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