Accounts Payable Director

3 days ago


Nottingham, Nottingham, United Kingdom Macildowie Recruitment and Retention Full time

Job Summary:

Macildowie Recruitment and Retention is seeking an experienced Accounts Payable Manager to lead a team of seven Accounts Payable Assistants and drive process improvements across the function.

Key Responsibilities:

  • Accounts Payable Function Ownership: Take full responsibility for the Accounts Payable department, ensuring efficient operation and adherence to financial policies.
  • Team Leadership and Development: Manage, mentor, and develop a team of Accounts Payable Assistants, fostering a positive and productive work environment.
  • Collaboration and Communication: Work collaboratively with colleagues across various departments and external suppliers to deliver a high-quality AP service.
  • AP System Management: Lead the relationship with the AP system vendor, ensuring the system meets the needs of the department and identifying opportunities for improvements.
  • Supplier Management: Proactively manage supplier relationships, resolve queries, and ensure timely and accurate payments. Reconcile supplier statements and take prompt action on discrepancies, including monitoring and recovering debit balances.
  • Foreign Currency Management: Forecast and monitor foreign currency requirements, working closely with Finance team colleagues to ensure sufficient funds are purchased in a timely manner to cover AP needs.
  • Process Improvement: Continuously seek opportunities to streamline processes within the AP function, driving efficiency and enhancing accuracy.

Requirements:

  • Essential:
    • Strong experience in Accounts Payable, with a proven track record in a managerial role.
    • Excellent leadership skills with the ability to manage and develop a team.
    • Strong interpersonal skills and the ability to work collaboratively with internal and external stakeholders.
  • Desirable:
    • Experience managing complex accounts and working with multiple currencies.
    • Familiarity with Sage 200 or similar financial systems.


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