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Title

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Accounts Payable Manager

Description

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We are looking for an experienced and detail-oriented Accounts Payable Manager to lead our accounts payable department. The ideal candidate will have a strong background in finance and accounting, with a proven track record of managing a team and improving processes. As the Accounts Payable Manager, you will be responsible for overseeing the entire accounts payable process, ensuring accuracy and efficiency in all transactions. You will work closely with other departments to ensure that all financial obligations are met in a timely manner. Your role will involve managing vendor relationships, negotiating payment terms, and resolving any discrepancies that may arise. You will also be responsible for developing and implementing policies and procedures to improve the accounts payable process. The successful candidate will have excellent communication and leadership skills, with the ability to motivate and manage a team effectively. You will be expected to stay up-to-date with industry trends and best practices, and to continuously seek ways to improve the efficiency and effectiveness of the accounts payable department. This is a challenging and rewarding role that offers the opportunity to make a significant impact on the financial operations of the company.

Responsibilities

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  • Oversee the accounts payable department and manage the team.
  • Ensure timely and accurate processing of invoices and payments.
  • Develop and implement accounts payable policies and procedures.
  • Manage vendor relationships and negotiate payment terms.
  • Resolve discrepancies and issues related to accounts payable.
  • Prepare and analyze accounts payable reports and metrics.
  • Collaborate with other departments to ensure financial obligations are met.
  • Monitor and improve accounts payable processes for efficiency.
  • Ensure compliance with company policies and regulations.
  • Manage the month-end closing process for accounts payable.
  • Train and mentor accounts payable staff.
  • Conduct performance evaluations and provide feedback.
  • Stay up-to-date with industry trends and best practices.
  • Assist with audits and provide necessary documentation.
  • Implement and manage accounts payable software and systems.

Requirements

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  • Bachelor's degree in finance, accounting, or related field.
  • 5+ years of experience in accounts payable or related field.
  • Proven experience managing a team.
  • Strong understanding of accounting principles and practices.
  • Excellent communication and leadership skills.
  • Proficiency in accounting software and Microsoft Office Suite.
  • Strong analytical and problem-solving skills.
  • Ability to work under pressure and meet deadlines.
  • Detail-oriented with strong organizational skills.
  • Experience with process improvement and change management.
  • Knowledge of industry trends and best practices.
  • Ability to build and maintain strong vendor relationships.
  • Experience with financial reporting and analysis.
  • Strong negotiation skills.
  • Ability to work collaboratively with other departments.

Potential interview questions

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  • What experience do you have managing an accounts payable team?
  • How do you ensure accuracy and efficiency in the accounts payable process?
  • Can you describe a time when you resolved a discrepancy with a vendor?
  • What strategies do you use to improve accounts payable processes?
  • How do you handle high-pressure situations and tight deadlines?
  • What accounting software are you proficient in?
  • How do you stay up-to-date with industry trends and best practices?
  • Can you provide an example of a successful negotiation with a vendor?
  • How do you manage and motivate your team?
  • What is your approach to developing and implementing policies and procedures?