What are the responsibilities and job description for the Accounts Payable Manager position at London Approach?
About the Role:
We are seeking a seasoned Accounts Payable (AP) Manager with strong leadership skills and extensive experience managing high-volume AP operations. This role requires a hands-on professional who can drive process improvements, ensure compliance, and lead a team with precision and integrity in a fast-paced environment.
Key Responsibilities:
- Oversee the full-cycle accounts payable process, managing the timely and accurate processing of high-volume invoices (e.g., 5,000 per month)
- Lead, mentor, and develop a team of AP specialists, fostering a culture of accountability, efficiency, and collaboration
- Ensure timely vendor payments, resolve discrepancies, and maintain strong relationships with internal departments and external vendors
- Establish and enforce AP policies, procedures, and internal controls to support organizational goals
- Monitor AP aging reports and manage cash flow forecasting related to payables
- Manage month-end close activities related to AP, including journal entries and account reconciliations
- Partner with procurement and operations teams to optimize the Procure-to-Pay process
- Implement automation tools and technology upgrades to streamline AP operations
- Ensure compliance with tax regulations (e.g., 1099 filings) and support audits as needed
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field
- 5 years of progressive AP experience, with 2 years in a leadership or management role
- Proven success managing high-volume AP environments