Accounts Payable Manager

My client, a global technology business based near WATERLOO STATION is seeking an ACCOUNTS_PAYABLE_MANAGER to join their growing business.

THE ROLE

• Manage and oversee the day-to-day operations of the AP department.
• Transforming our processes to take advantage of the latest technology and reduce the time from invoicing to approval to payment.
• Lead, mentor, and develop a team of AP team, providing guidance and support to ensure departmental goals are met.
• Review and reconcile AP transactions, ensuring accuracy and compliance with company policies and procedures.
• Daily, weekly, and monthly bank reconciliations.
• Coordinate and execute weekly and ad hoc scheduled payment runs, ensuring all payments are made accurately and on time.
• Monitor vendor accounts and manage communication to resolve inquiries and discrepancies promptly.
• Prepare regular reports and analysis related to AP activities for management review and develop & monitor KPI team metrics.
• Reconcile company credit cards and reimbursement of expenses.
• Document business processes, continuously improve the efficiency of the AP operations and strengthen controls with respect to the transaction cycles.
• Identify and implement process improvements to enhance productivity and streamline workflow.
• Support the team to run and investigate any discrepancies on the creditors listing and responding to ad hoc queries across the business when required.
• Drive process improvements to enhance efficiency and effectiveness within the AP function.
• Build and maintain strong relationships with customers, resolving any issues or discrepancies in a timely manner.
• Communicate effectively with cross-functional teams, including procurement, finance, and other departments, to address issues and ensure smooth collaboration.
• Continued communication to the wider team for upcoming renewals and contract fulfillment.
• Ensure compliance with company policies and relevant regulations in all AP and expense processes.
• Generate and analyse reports to provide insights into payment trends, aging, and other key metrics.
• Facilitate internal and external audits related to AP processes, providing necessary documentation and support
• Implement and maintain strong internal controls to safeguard company assets.

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THE IDEAL PERSON

• 4 or more years of experience in a managerial role leading AR and AP teams.
• Experience managing AP function transformation
• Experience working European and complex payments e.g. CIS.
• Deep understanding of VAT and Sales tax reporting and compliance.
• Experience dealing with high volumes of data.
• Good working knowledge of Excel (including v-lookups & pivot tables).
• NetSuite is a nice to have

APPLY TODAY FOR THIS GREAT ROLE