Job Description

The AP Manager is responsible for managing and optimizing the company's Accounts payable processes. This role ensures the efficient handling of all transactions, maintains accurate financial records, and oversees the implementation of best practices in cash and bank management.

Responsibilities

Leadership and Management:

Lead and manage the AP team, fostering a culture of continuous improvement and professional development. Set objectives, Provide guidance, and evaluate performance to ensure team alignment with company goals.


Accounts Payable (AP) Process Management:

Oversee the end-to-end P2P process, including purchase orders, invoice processing, payment runs, and supplier management. Implement and monitor controls to ensure compliance with internal policies and external regulations. Collaborate with procurement and accounts payable teams to streamline workflows and enhance efficiency.

Cash Management:

Manage daily cash flow and forecasting to ensure adequate liquidity for operational needs. Develop and maintain cash management policies and procedures.

Financial Reporting and Analysis:

Prepare and present regular reports on cash position, bank reconciliations, and P2P performance to senior management. Analyze financial data to identify trends, risks, and opportunities for improvement. Support month-end and year-end closing processes, ensuring accuracy and completeness of financial records.

Compliance and Risk Management:

Ensure compliance with relevant financial regulations, internal controls, and audit requirements. Identify and mitigate risks associated with cash and banking operations. Coordinate with internal and external auditors to facilitate audits and address findings.

Systems and Technology:

Oversee the implementation and maintenance of financial systems related to P2P, cash management, and banking. Evaluate and recommend new technologies and tools to enhance operational efficiency.

Skills required

Required Skills and Experience

Minimum of 3 years of experience in finance, with a focus on cash management, banking, and P2P processes. Proven leadership and team management skills. Strong knowledge of financial regulations, internal controls, and best practices in cash and bank management. Proficiency in financial software and ERP systems (e.g., SAP, Oracle, D365). Excellent analytical, problem-solving, and decision-making skills. Strong communication and interpersonal skills, with the ability to work effectively with stakeholders at all levels.


Beneficial Experience

Strategic thinking and planning Leadership and team development Attention to detail and accuracy Adaptability and resilience Strong organizational and time management skills

VAC-3620