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 South Yorkshire
Situated in the region of England known as Yorkshire and the Humber, South Yorkshire is a metropolitan county that was established in 1974. It shares borders with Derbyshire, Lincolnshire and Nottinghamshire, as well as West and North Yorkshire and the East Riding of Yorkshire.
Those seeking Accounts Payable Manager positions in the region will have various options to consider, as it is home to a number of large settlements, including Sheffield, Doncaster, Barnsley and Rotherham.
For much of the region's modern history, South Yorkshire has been known for its mining industry - particularly coal - and steel production. Innovations in the 17th and 18th centuries included crucible steel and stainless steel and during the Industrial Revolution, the region was extremely prosperous.
The local economy went into steep decline during the latter half of the 20th century, but over the last two decades it has seen a significant amount of redevelopment.
Today, South Yorkshire has a thriving retail and service sector, while a number of business parks, manufacturing facilities and innovation centres have also sprung up in recent years. Just some of the companies that can be found in the area include Ronseal, confectioners A.L Simpkin & Co, Plusnet and the Ardagh Glass Group.
What's more, a number of warehousing and distribution centres are located in the region - these are operated by firms like Next, IKEA, Tesco and Amazon.com.
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.