Accounts Payable Manager

Howden Tiger is the global reinsurance broker and risk, capital, & strategic advisor focused on relentless innovation & superior analytics for top client service. ​

About Role

Position Overview: The Accounts Payable Manager will oversee the accounts payable function, ensuring accurate and timely processing of invoices and payments. This role involves managing a team of accounts payable clerks, implementing best practices for financial controls, and collaborating closely with other departments to support the company's financial goals.

Key Responsibilities:

• Team Management:
  • Supervise and mentor a team of accounts payable clerks.
  • Provide training and support to team members to ensure accurate and efficient processing of transactions.
  • Conduct performance evaluations and implement development plans for staff.
• Invoice Processing:
  • Oversee the end-to-end accounts payable process, including invoice receipt, validation, approval, and payment.
  • Ensure compliance with company policies, legal requirements, and accounting standards.
• Vendor Relations:
  • Develop and maintain strong relationships with vendors and suppliers.
  • Resolve any issues or discrepancies related to vendor invoices or payments in a timely manner.
• Financial Controls:
  • Enforce internal controls and procedures to safeguard company assets.
  • Prepare and review reports related to accounts payable and provide insights to management.
• Reporting and Reconciliation:
  • Prepare and analyze monthly, quarterly, and annual accounts payable reports.
  • Reconcile accounts payable transactions and resolve any discrepancies.
  • Annual 1099 prep and issuance.
• Process Improvement:
  • Identify and recommend improvements to existing accounts payable processes and systems.
  • Lead initiatives to streamline workflows and enhance efficiency.
• Compliance and Documentation:
  • Ensure all accounts payable activities comply with company policies and relevant regulations.
  • Maintain accurate and up-to-date documentation of accounts payable transactions.

Qualifications:

• Bachelor’s degree in accounting, Finance, or a related field
• Proven experience (5+ years) in accounts payable or a related financial role, with at least 2 years in a supervisory or managerial position.
• Strong knowledge of accounting principles, financial controls, and accounts payable processes.
• Proficiency in accounting software and ERP systems.
• Excellent organizational skills and attention to detail.
• Strong analytical and problem-solving abilities.
• Effective communication and interpersonal skills.

Originally posted on Himalayas