Accounts Payable Manager Job Description Template

The Accounts Payable Manager will be responsible for the accurate and timely processing of invoices, employee expense reports, and check requests. This position will lead a team of accounts payable specialists and will be responsible for training, mentoring, and developing team members. The Accounts Payable Manager will also work closely with other departments within the organization to ensure efficient processes. Other duties include maintaining vendor relationships, preparing monthly accruals, and assisting with audits.

Accounts Payable Manager Job Responsibilities

  • The Accounts Payable Manager is responsible for the accurate and timely processing of invoices and employee expense reports.
  • The Accounts Payable Manager ensures that all invoices are properly authorized and approved for payment.
  • The Accounts Payable Manager reconciles vendor statements, resolves discrepancies, and researches and corrects errors.
  • The Accounts Payable Manager prepares monthly accruals and maintains adequate documentation for all transactions.
  • The Accounts Payable Manager provides leadership and direction to the accounts payable staff, ensuring that work is completed accurately and in a timely manner.

Objectives

  • To manage and oversee the accounts payable function within the organization.
  • To ensure that all invoices are processed accurately and timely.
  • To develop and maintain strong relationships with vendors and suppliers.
  • To reconcile vendor statements on a monthly basis.
  • To lead and train Accounts Payable staff members.

Accounts Payable Manager Job Skills & Qualifications Needed

  • The skills and qualifications needed for the role of Accounts Payable Manager include:
  • Bachelor's degree in accounting or business administration
  • 5+ years of experience in accounts payable or finance
  • Proven leadership and management skills
  • Excellent communication and interpersonal skills
  • Highly organized and detail oriented
  • Proficient in Microsoft Office applications, especially Excel