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Accounts Payable Manager

2 months ago


The Royal Town of Sutton Coldfield, United Kingdom SF Recruitment Full time

Job Title: Accounts Payable Manager

Job Summary:

SF Recruitment is seeking an experienced Accounts Payable Manager to join our team. The successful candidate will be responsible for managing the accounts payable function, ensuring timely and accurate processing of invoices, payments, and expense reports.

Key Responsibilities:

  • Accounts Payable Management:
    • Oversee the entire accounts payable process, including the timely processing of invoices, purchase orders, expense reports, credit memos, and payment transactions.
    • Ensure accuracy and compliance with company policies and procedures, as well as legal and tax regulations.
    • Manage the weekly payment run.
    • Reconcile accounts payable ledger to ensure that all bills and payments are accounted for and properly posted.
    • Maintain strong relationships with suppliers and resolve any discrepancies or disputes.
    • Monitor and analyse accounts payable aging reports to ensure timely payments and identify opportunities for cash flow improvement.
    • Develop and implement accounts payable procedures and policies to enhance efficiency and control.
  • Rebate Management:
    • Oversee the administration of supplier rebate programs, ensuring compliance with contract terms and maximising rebate collection.
    • Track and analyse rebate agreements, calculating and processing rebate claims accurately and in a timely manner.
    • Collaborate with procurement and finance teams to negotiate and optimise rebate agreements with vendors.
    • Maintain accurate records of all rebate transactions and prepare regular reports on rebate income and performance.
    • Reconcile rebate income and ensure proper accounting treatment in the financial statements.
    • Identify and implement opportunities for process improvements in rebate management.

Requirements:

  • Minimum of 5-7 years of experience in accounts payable, with at least 2-3 years in a supervisory or managerial role.
  • Experience with rebate management and vendor negotiations is highly preferred.
  • Proficiency in accounting software SAP.