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 Oxford
The county town of Oxford and famous throughout the world for its university, Oxford is actually a thriving, self-contained city with a diversity of industries not directly related to its county status or education sector. It has been a successful city for so long that its architecture spans the millennia, and since much of the most important buildings were churches, it got the name “city of dreaming spires”.
Without doubt the university and its related activities (bars, cafes, hotels, shops, theatres etc.) is the key single employer of the city, and the university heritage also plays into its thriving tourism industry. All this contributes to the thriving nature of the city, which is busy all the year round.
But a major industry just to the south east of the city centre is car manufacturing, at the Cowley BMW plant, home of the new Mini. The plant used to be the Morris Motors plant during the First World War, and this attracted a railway and other communications to serve it. During World War Two the plant made training planes for the RAF. After the war mergers and acquisitions changed the company to BMC, then British Leyland, Austin Rover, the Rover Group and finally BMW (but locals still call the factory Morris’s).
With a thriving, ever changing population and various high-tech and heavy industries, Oxford often throws up Accounts Payable Manager positions to help oil the wheels of commerce. It’s certainly an exciting place to live and work.
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.