Accounts Payable Manager

Summary: The role of Interim Accounts Payable Manager involves overseeing the accounts payable function for a UK-based jewellery business during a 16-month fixed-term contract. The successful candidate will manage vendor relationships, ensure timely invoice processing, and implement process improvements to enhance financial operations. This position requires immediate availability and a proactive approach to efficiency and relationship-building within the company.

Key Responsibilities:

• Full ownership of the day-to-day running of the Accounts Payable function.
• Oversee the receiving, validating, and processing of vendor invoices.
• Ensure timely and accurate payment of invoices through various methods.
• Develop and maintain relationships with vendors, negotiate payment terms, and resolve discrepancies.
• Ensure compliance with company policies, financial regulations, and local/federal laws.
• Identify opportunities for improvement and implement changes to streamline operations and increase efficiency.
• Prepare and analyse accounts payable reports, including aging reports, cash flow projections, and vendor performance metrics.
• Maintain accurate and organized financial records of accounts payable transactions.
• Coordinate month-end and year-end closing processes for accounts payable.
• Implement and monitor internal controls over accounts payable to ensure accuracy and security.

Key Skills:

• Strong understanding of Purchase Ledger processes and Accounts Payable principles.
• Excellent communication and interpersonal skills.
• High level of accuracy and attention to detail.
• Adaptability and a mindset focused on improving efficiencies.
• Ability to build lasting relationships within the company.
• Experience in managing vendor relationships.
• Proficiency in financial reporting and analysis.
• Knowledge of compliance with financial regulations.
• Experience in implementing process improvements.
• Ability to coordinate closing processes.

Salary (Rate): £55,000

City: London

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: fixed-term

Seniority Level: Mid-Level

Industry: Other