What are the responsibilities and job description for the Accounts Payable Supervisor position at London Approach?
Job Summary:
We are seeking a detail-oriented and experienced Accounts Payable Supervisor with expertise in AP automation to lead our accounts payable team. The ideal candidate will oversee AP operations, implement process efficiencies, and ensure accurate and timely payment processing. This role requires a strong understanding of financial controls, process automation, and vendor management.
Key Responsibilities:
- Supervise and mentor the accounts payable team, ensuring efficiency and accuracy in daily operations.
- Oversee end-to-end AP processes, including invoice processing, payment runs, reconciliations, and reporting.
- Lead the implementation and optimization of AP automation tools, improving workflow efficiency and reducing manual tasks.
- Develop and maintain AP policies, procedures, and internal controls to ensure compliance with company policies and regulatory requirements.
- Collaborate with IT, finance, and procurement teams to integrate automation solutions and streamline operations.
- Manage vendor relationships, negotiate payment terms, and resolve disputes promptly.
- Ensure timely month-end and year-end closing activities related to accounts payable.
- Generate and analyze AP reports to identify trends, discrepancies, and areas for improvement.
- Support audits by providing documentation and explanations related to AP transactions.
Qualifications:
- Bachelor’s degree in accounting, finance, or a related field preferred.
- 5 years of experience in accounts payable, with at least 2 years in a supervisory role.
- Hands-on experience with AP automation tools and ERP systems (e.g., SAP, Oracle, Coupa, Basware, or similar).
- Strong knowledge of GAAP, SOX compliance, and financial controls.
- Excellent leadership, communication, and problem-solving skills.
