Accounts Payable Manager - Financial Sevices Industry

Hire Resolve; Midrand; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A financial services company in Midrand is seeking an experienced AP Manager to oversee the accounts payable team. The ideal candidate will have over 5 years of experience in accounts payable within the financial services industry, a Bachelor's degree in Accounting or Finance, and strong accounting principles knowledge. Responsibilities include managing vendor relationships, ensuring timely processing of invoices, and developing process improvements. This role offers a dynamic work environment and the opportunity to implement best practices.

Qualifications

• Minimum of 5 years of accounts payable experience, specifically in the financial services industry.
• Previous supervisory experience with proven leadership ability.
• Detail-oriented with strong analytical skills.
• Strong knowledge of accounting principles and practices.
• Proficient in Microsoft Office, accounting software, and ERP systems.
• Excellent communication and interpersonal skills.
• Detail-oriented and able to work accurately under tight deadlines.
• Ability to prioritize tasks and work independently.
• Certified Accountant/Associations are a bonus.

Responsibilities

• Manage accounts payable team and oversee their development.
• Ensure accurate processing of invoices and payment requests.
• Develop relationships with vendors and negotiate payment terms.
• Review and reconcile AP transactions, resolve discrepancies, and ensure policy compliance.
• Monitor cash flow and assist in cash management activities.
• Develop and implement process improvements to streamline operations and reduce costs.
• Prepare reports and analyses on AP performance and metrics.
• Stay current on industry trends and best practices in AP management.
• Assist with month-end close activities and financial reporting as needed.

Skills

Accounting principles knowledge

Vendor relationship management

Cash management

Communication skills

Microsoft Office proficiency

Time management

Education

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

Tools

Accounting software

ERP systems

Accounting software

Job description

Job Title: AP Manager - Financial Services Industry

Location: Midrand (On-Site)

Company: Financial Services

Salary: TBD (New Opening)

Overview

Hire Resolve is seeking a detail-oriented and experienced AP Manager to join our client's financial services company. The AP Manager will be responsible for overseeing the accounts payable department, managing vendor relationships, ensuring timely and accurate processing of invoices, and implementing best practices to streamline operations and improve efficiency.

Responsibilities

• Manage and oversee the accounts payable team, including hiring, training, and development
• Develop and maintain strong relationships with vendors and negotiate favorable payment terms
• Ensure timely and accurate processing of invoices, expense reports, and other payment requests
• Review and reconcile accounts payable transactions, resolve discrepancies, and ensure compliance with company policies and procedures
• Monitor cash flow and assist in cash management activities
• Develop and implement process improvements to streamline operations and reduce costs
• Prepare reports and analysis on accounts payable performance and metrics
• Stay current on industry trends and best practices in accounts payable management
• Assist with month-end close activities and financial reporting as needed

Qualifications

• Bachelor's degree in Accounting, Finance, or related field
• Minimum of 5 years of accounts payable experience, experience in the financial services industry required
• Previous supervisory experience and proven ability to lead a team
• Strong knowledge of accounting principles and practices
• Proficient in Microsoft Office, accounting software, and ERP systems
• Excellent communication and interpersonal skills
• Detail-oriented and able to work accurately under tight deadlines
• Ability to prioritize tasks and work independently
• Certified Accountant/Associations are a bonus

If you meet the qualifications and are interested in this opportunity, please submit your CV and cover letter for consideration. We look forward to hearing from you and potentially welcoming you to our client's team.