Job Purpose
The job purpose of the Accounts Payable Manager is to oversee and manage the accounts payable function within the organization. This includes ensuring accurate and timely processing of invoices, expense reports, and payments to vendors and suppliers.
Main Duties
Leading Accounts Payable Processes
- Lead in overseeing the day-to-day operations of the accounts payable function, including processing invoices, expense reports, and payments
- Person-in-charge for Accounts Payable-related KPIs of the team
- Has the overall responsibility for project-based personnel assisting in the accounts payable process
Vendor Management
Lead in managing relationships with vendors and suppliers, resolving any issues or discrepancies in a timely manner, and ensuring accurate and timely paymentsAssist in securing favourable credit and payment terms with suppliers to reduce pre-payments and support on cash outflow management with the Treasury team.Reporting and Analysis
Lead in preparing and analyzing accounts payable reports, such as aging reports, cash flow projections, and vendor performance metrics, to support decision-making and financial planningCross-functional Collaboration
Collaborates with all departments within the organization to ensure accurate recording and reporting of financial transactions and resolve any related issuesOther tasks may be assigned.
Qualifications
Bachelor's degree in Accounting, Finance, or a related fieldMinimum of 5 years of experience in Accounts Payable or general accounting, with at least 2 years in a supervisory or managerial roleStrong knowledge of accounting principles (GAAP, IFRS, PFRS) and tax regulations relevant to AP processesProficient in financial reporting, data analysis, and reconciliationsAdvanced proficiency in Excel and experience with ERP / accounting systems (e.g., NetSuite, SAP, or similar)Excellent attention to detail, problem-solving, and analytical skillsStrong vendor relationship management and cross-functional collaboration abilitiesEffective communication and leadership skillsExperience supporting month-end closing, cash flow management, and audit preparation is an advantage