Accounts Payable Manager

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Job description

We are seeking an experienced Accounts Payable Manager to lead and oversee the daily operations of the department while managing a dedicated team. The ideal candidate will be responsible for maintaining strong internal controls, implementing strategic initiatives, and driving process improvements. The Accounts Payable Manager will play a critical role in optimizing payment processes, ensuring accuracy, and fostering a culture of efficiency and automation. This role requires a proactive leader who can enhance team performance, improve workflows, and ensure compliance with financial regulations.

Responsibilities:

Manage the day-to-day operations of an Accounts Payable team, ensuring timely and accurate processing of payments.

Oversee all functions within Accounts Payable, maintaining compliance with established policies and protocols.

Develop and enforce internal controls, setting departmental priorities and strategic initiatives.

Drive process improvements and automation to streamline workflows and enhance operational efficiency.

Implement best practices for invoice processing, vendor payments, and reconciliation of accounts.

Assign projects and provide guidance to staff, ensuring adherence to deadlines and accuracy in reporting.

Analyze financial data and performance metrics to optimize the department's operations and adjust goals based on business needs.

Collaborate with IT and product teams to implement and test new systems that enhance the payment process.

Develop key performance indicators (KPIs) to measure productivity, accuracy, and turnaround times.

Communicate departmental goals, strategies, and operational results to the team and stakeholders.

Lead performance management, including coaching, development planning, and regular reviews for direct reports.

Conduct employee performance reviews and develop growth and improvement plans.

Create and maintain Standard Operating Procedures (SOPs) to align with business goals and ensure target achievements.

Foster a team environment that encourages accountability, continuous improvement, and high performance.

Requirements and Skills:

Bachelor's Degree (or equivalent experience) in Accounting, Finance, or a related field.

Minimum 5 years of proven experience in Accounting management or related roles, with experience leading and developing a team.

Strong leadership and decision-making skills, with a focus on achieving results and driving change.

Excellent organizational skills and the ability to manage multiple priorities in a fast-paced environment.

Proficiency in accounting software, databases, and advanced Microsoft Office skills.

Excellent communication skills, with the ability to engage effectively across all levels of the organization.

Knowledge of performance management and employee development strategies.

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