Accounting Manager ( Accounts Payable)

Private Advertiser; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A financial services company in Singapore is seeking an experienced Accounts Payable Manager to lead their AP team. This role involves overseeing the processing of vendor invoices, ensuring compliance with financial policies, and collaborating with other departments to enhance efficiency. The ideal candidate has over 5 years of experience in accounts payable, with a strong understanding of accounting principles and team management. This position offers an opportunity to implement process improvements and best practices.

Qualifications

• 5+ years of experience in accounts payable, including at least 2 years in a supervisory or managerial role.
• Strong knowledge of accounting principles and AP processes.
• Experience managing teams and improving processes.

Responsibilities

• Lead and manage the Accounts Payable team and provide performance feedback.
• Oversee invoice processing, payment runs, and expense reimbursements.
• Develop and enforce AP policies and internal controls.
• Monitor and reconcile accounts payable ledger.

Skills

Leadership

Vendor Management

Accounting Principles

Process Improvement

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

ERP systems (SAP, Oracle)

MS Excel

Job description

Job Summary:

The Accounts Payable Manager oversees the entire accounts payable function, ensuring timely and accurate processing of vendor invoices and payments. This role is responsible for managing the AP team, implementing best practices, maintaining compliance with financial policies, and supporting the organization’s cash flow management.

Key Responsibilities:

• Lead and manage the Accounts Payable team, providing guidance and performance feedback.
• Oversee invoice processing, payment runs, and expense reimbursements to ensure accuracy and timeliness.
• Develop and enforce AP policies, procedures, and internal controls.
• Monitor and reconcile accounts payable ledger and resolve discrepancies.
• Manage vendor relationships and negotiate payment terms when necessary.
• Collaborate with Procurement and Finance teams to optimize processes and improve efficiency.
• Prepare AP-related reports for management and assist with month-end and year-end closing.
• Ensure compliance with tax regulations, audit requirements, and company policies.
• Identify opportunities for automation and process improvements.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field.
• 5+ years of experience in accounts payable, with at least 2 years in a supervisory or managerial role.
• Strong knowledge of accounting principles and AP processes.
• Proficiency in ERP systems (e.g., SAP, Oracle) and MS Excel.