Accounts Payable Manager Job Description
We are looking for an organised accounts payable manager to provide strong leadership to our accounts payable department and to ensure that the department runs smoothly. The accounts payable manager's responsibilities include maintaining accurate records regarding payments to suppliers, processing payments from clients, renewal of contracts, Reviewing Sales tax charges as per law and training staff members.
To succeed as an account's payable manager, you should be focused on optimising department processes and building lasting relationships with others within and outside of the business. You should be knowledgeable, analytical, and decisive with excellent leadership along with interpersonal and communication skills.
Accounts Payable Manager Responsibilities
- Manage the accounts payable team, providing leadership, guidance, and support to ensure efficient and accurate processing of payments.
- Review and process invoices from vendors and suppliers, ensuring accuracy, proper coding, and timely payment in accordance with payment terms.
- Coordinate with internal departments to obtain necessary approvals for payments and resolve any discrepancies or issues with invoices.
- Maintain relationships with vendors and suppliers, negotiating payment terms, resolving disputes, and addressing inquiries related to invoices or payments.
- Oversee the payment process, scheduling payments via check, electronic transfer, or other methods, and ensuring compliance with company policies and procedures.
- Develop and maintain internal controls to safeguard company assets and prevent fraud or errors in the accounts payable process.
- Generate reports related to accounts payable activities, such as ageing reports, cash flow projections, and analysis of payment trends, providing insights to management for decision\-making purposes.
- Continuously seek opportunities to improve efficiency and effectiveness in the accounts payable process, implementing process improvements and automation tools as needed.
- Ensure compliance with relevant laws, regulations, and accounting standards governing accounts payable activities, staying informed about changes and implementing necessary adjustments to policies and procedures.
- Assist with the month\-end closing process, ensuring all accounts payable transactions are properly recorded, accruals are accounted for, and reconciliations are completed in a timely manner.
Accounts Payable Manager Requirements
- B. Com/BAF with 3\-5 years’ experience in handling UK Accounts or International / Indian Accounting.
- Good knowledge of MS Office (Excel)
- Good communication skills (Written and Verbal)
- Ability to work under pressure
- Proficiency in accounting software (e.g., QuickBooks, Xero, Tally) and Microsoft Excel.
- Detail\-oriented with strong analytical and problem\-solving skills.
Office Timing: Mon – Fri: 10:30am to 6:30pm
Alternate Saturday \& Sun Fixed off
Job Type: Full\-time
Pay: ₹600,000\.00 \- ₹900,000\.00 per year
Work Location: In person