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 West Suffolk
Established in 1889, West Suffolk was an English administrative county until it was combined with East Suffolk in 1974 as part of the Local Government Act 1972.
Although it's no longer an official county, the various settlements in what was once West Suffolk still offer plenty of options for job seekers looking for Accounts Payable Manager positions. Indeed, just some of the towns and villages include Bury St Edmunds - the former county town of West Suffolk - Sudbury, Newmarket, Haverhill and Mildenhall.
Historically, West Suffolk was known for producing cloth and during the Middle Ages, there was a thriving cloth trade in the region.
Brewing and malting have long been important industries for the region, while sugar beet processing has also given a boost to the local economy.
Greene King - the UK's largest British-owned brewery - was established in West Suffolk in 1799, while smaller names include the Old Cannon Brewery and Bartrums Brewery.
British Sugar was established in 1936 and it has been processing sugar beet for the Silver Spoon brand at a factory in Bury St Edmunds since 1925.
Other notable businesses include chocolate company Hadleigh Maid, biotech firm Genzyme and International Flavors and Fragrances.
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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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