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 Hampshire
A county located on the southern coast of England, and sharing borders with Dorset, Berkshire, Wiltshire, West Sussex and Surrey, Hampshire is the largest county in the south-east and is home to a number of important settlements including Portsmouth, Southampton, Basingstoke and Winchester. It's a good choice for those seeking Accounts Payable Manager vacancies.
People have been living in the Hampshire region for thousands of years, with Neolithic settlers building hill forts and farms in the area. The Celts, Saxons, Angles, Romans and Normans also had communities here.
The port towns of Portsmouth and Southampton have long been important points for trade with the rest of the world, particularly with America in the 17th to 19th centuries. The Titanic set sail for her ill-fated maiden voyage from Southampton in 1912. Today, the city is a major port for cruise ships - it is home to the headquarters of Carnival UK - and it also processes a significant number of cargo and container ships.
Just some of the many companies based in Hampshire today include BAE Systems Surface Ships, IBM, Zurich, The Automobile Association, Motorola and Sony Professional Solutions.
Ford has an assembly plant in Hampshire, which primarily manufactures the brand's Transit models, while the region is also known for its pharmaceuticals, insurance, communications, IT and electronics sectors.
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.