Accounts Payable Manager
While a startup company will usually get by with a single accountant dealing with all the incoming and outgoing payments, as it grows, this becomes more complex, especially when the business relies heavily on suppliers. Whether it’s vendors, freelancers or other services, they normally work on credit, so won’t expect immediate payment, but will expect regular, timely and predictable payments after invoicing if the relationships are to survive.
In supplier-heavy businesses, the accounts department will often be split into accounts payable and accounts receivable, and overseeing the payable team will be the accounts payable manager. It is the team’s responsibility to ensure all invoices coming in are correct, matching purchase orders and other forms of confirmation that products and services have been delivered. Then, they’ll ensure payments are made within the agreed timeframes. The Accounts payable manager will put procedures in place to ensure the department runs smoothly, and will troubleshoot and chase up queries when the staff are unable to.
The skills required for senior accounts payable jobs
Accounts payable manager jobs are best performed by those who have worked their way up the accountancy departments of businesses, whether that’s in general accounts or specifically in accounts payable. Since payable and receivable do have different goals and responsibilities, experience in the payable side is often preferred, but there’s enough crossover to make the skills quite interchangeable at the managerial level.
The accounts payable manager will be an excellent communicator, and should know their way around the various accounting software suites. They’ll also need to be able to investigate queries and chase up disputes, as the supplier is often right when there’s an invoice disagreement.
Accounts Payable Manager Jobs in Fareham
The market town of Fareham lies towards the south of Hampshire, with Gosport to its south, Portsmouth to the south east and Southampton 10 miles (15 km) to the west. The south east of the town touches Fareham Lake, which forms the port of Portsmouth and Gosport, but at this point it is only navigable by small craft, and the marina has plenty of them on show.
As well as having historic links to the maritime centres to its south and west, Fareham carved out a reputation as a master of the clay-based industries, making bricks, tiles and chimney pots with their distinctive red hue. Although they are used all over the country, the most famous building made of Fareham red brick is the Royal Albert Hall in London.
Fareham is seen as a slightly more upmarket place to live than the port towns and cities nearby. It is well connected by road, rail and sea, and has lots of green space and the beautiful Hampshire countryside to the north. It has also become quite a notable centre for light industry and retail, with several retail areas and a technology park in the town. There could well be opportunities for Accounts Payable Manager jobs in Fareham, and certainly in the seafaring locations within a few miles along the coast. This has always been a region of industry, and it looks set to continue with further investment and development.
Accounts payable manager jobs at Cast UK
Is your business looking for an accounts payable manager? At Cast UK, we put companies in touch with capable, enthusiastic candidates who could be a perfect fit in your accounts department. Drop us a line on 0333 121 3345 so we can start searching.
If you’re an accounts payable manager or have the talent and experience to step up to the role, please register with us by clicking the link below. A top business could be looking for your skills right now.