Discover the essential requirements, duties, responsibilities, and skills needed for a Accounts Payable Manager job description.
What does a Accounts Payable Manager do?
An accounts payable manager oversees the team and operations in the accounts payable department. This role may also be referred to as an accounts payable supervisor.
Job Description
We are seeking an organized accounts payable manager to provide strong leadership and ensure the smooth functioning of our accounts payable department. The responsibilities of an accounts payable manager include keeping accurate records of payments to suppliers, processing client payments, and training staff members.
To excel in this role, you should have a focus on streamlining processes and building strong relationships with colleagues and external parties. Strong knowledge, analytical skills, and decisiveness, along with excellent leadership and communication abilities, are essential for this position.
Job Duties and Responsibilities
- Hiring, training, motivating, and evaluating accounts payable staff.
- Overseeing day-to-day department tasks to ensure timely and accurate completion.
- Maintaining precise records of finances, employees, and clients.
- Compiling, analyzing, and reporting financial information to management and government agencies.
- Setting and facilitating department goals.
- Developing, implementing, improving, and enforcing budgets, policies, and controls to enhance accuracy and efficiency.
- Fostering and maintaining relationships with employees, clients, vendors, and lenders.
Requirements and Qualifications
- Bachelor?s degree in accounting, finance, management, or a related field.
- Previous experience may be preferred.
- Extensive knowledge of accounting principles and accounts payable procedures.
- Excellent communication and interpersonal skills.
- Proficiency with computers, particularly business software and bookkeeping programs.
- Strong planning and problem-solving abilities.
- Ability to analyze information and processes.
- Motivation to establish and maintain relationships internally and externally.
- Commitment to ethical conduct and adherence to company policies and financial regulations.
Accounts Payable Manager Salary
The earning potential of a Accounts Payable Manager can vary significantly based on factors such as geographic location, industry, professional experience, educational background, and the specific employer. On average, the annual salary for an Accounts Payable Manager in the United States is approximately $106634.