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 Derbyshire
Situated in the East Midlands, Derbyshire is a county that shares a border with Greater Manchester, as well as Yorkshire, Nottinghamshire, Staffordshire, Cheshire and Leicestershire.
Much of the Peak District is located within Derbyshire and just some of the towns in the region include Derby and Chesterfield, meaning there are many opportunities for those seeking Accounts Payable Manager positions.
For most of its history, Derbyshire's economy has been based on agriculture, while the mining of natural resources such as coal, iron, lead and limestone were of particular importance during the Industrial Revolution. Of these, only the limestone quarries are still in operation.
The chocolate company Thorntons was established near Alfreton in 1911 - its headquarters are still based there today.
After the second world war, the first diesel-electric mainline passenger train was unveiled at the Locomotive Works in Derby and the British Rail Research Division was opened in 1964 with an aim to improve the country's train network. This eventually became the DeltaRail Group, which currently provides software and other technology for signalling and control systems.
JBC-Power Systems manufactures engines in the south of the county, Buxton Water is bottled here and Bombardier Transportation builds the rolling stock for the London Underground network.
Other companies with manufacturing facilities or an otherwise large presence include Rolls-Royce, Toyota and Trebor Bassets.
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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.
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