Accounts Payable ( Manufacturing )

Job summary
An Executive in the Accounts Payable department is responsible for managing and overseeing Accounts Payable functions.
Job seniority: mid-to-senior level
Responsibilities
• Invoice Processing: Manage end-to-end process of invoice processing, verification, coding, and approval.• Payment Processing: Ensure timely and accurate processing of payments to vendors and suppliers.• Vendor Management: Build and maintain relationships with vendors, negotiate payment terms, and resolve any issues or discrepancies.• Record Keeping: Maintain accurate and up-to-date records of all Accounts Payable transactions.• Compliance: Ensure compliance with company policies, accounting principles, and relevant regulations.• Reporting: Prepare and analyze reports related to Accounts Payable, including aging reports and cash flow projections (AP).• Process Improvement: Identify opportunities for process improvement and implement best practices.• Communication: Collaborate with other departments to ensure seamless operations.• Audit Support: Provide support during internal and external audits.
Requirements
• Financial Acumen: Strong understanding of accounting principles, financial processes, and controls.• Analytical Skills: Ability to analyze data, identify trends, and make informed decisions.• Attention to Detail: Thorough and accurate in reviewing invoices and financial documents.• Communication Skills: Effective communication with internal and external stakeholders.• ERP Systems: Proficiency in using Enterprise Resource Planning (ERP) systems for Accounts Payable functions.• Problem Solving: Ability to identify and resolve issues related to Accounts Payable processes.• Time Management: Efficiently manage multiple tasks and meet deadlines in a fast-paced environment.• Regulatory Compliance: Knowledge of relevant laws and regulations affecting Accounts Payable processes.• Adaptability: Ability to adapt to changes in technology, processes, and organizational structure.
Key Skills Needed
• Financial Acumen• Analytical Skills• Attention to Detail• Communication Skills• ERP Systems• Problem Solving• Time Management• Regulatory Compliance• Adaptability