Accounts Payable Manager Job Description Template

Are you ready to start an easy and fast hiring process? Our mission is to help you find and recruit the most suitable individual to be your new Accounts Payable Manager by offering you helpful business resources. Let’s start with this FREE Accounts Payable Manager Job Description Template.

In this article, you will learn about the crucial skills, requirements, and responsibilities of an Accounts Payable Manager.

Use this information to distinguish a candidate that fits your business profile perfectly.

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What is an Accounts Payable Manager?

Accounts Payable Managers, also known as Accounts Payable Supervisors, are responsible for managing and supervising financial operations within the company’s accounts payable department.

They review invoices, contracts, financial reports, statements, and other documentation to ensure the accuracy and adherence to the company’s policies and procedures.

They also maintain and oversee the general ledger, accounts payable and receivable, and project accounting.

Additionally, they establish and maintain relationships with vendors, suppliers, and distributors and negotiate payment terms and prices.

Related Job Titles for Accounts Payable Manager

• Accounts Payable Specialist
• Accounts Payable Clerk
• Accounts Payable Accountant

The Top Accounts Payable Manager Skills

Sample Interview Questions for an Accounts Payable Manager

Once you gather up all the received applications, you can use these sample interview questions for Accounts Payable Manager.

Personal

1. Could you tell us more about your strengths and weaknesses?
2. What motivated you to become an Accounts Payable Manager?
3. What skills would you like to improve in the future?

Human Resources

1. Why are you interested in working in this company in particular?
2. Could you tell us about your previous working experience related to this position?
3. What would you be your ideal salary for this position?

Management

1. Could you tell us about your previous experience managing an accounts payable team?
2. What common challenges or issues did you face in your previous job?
3. What processes did you implement in your previous job that increased efficiency in the workplace?

Technical Skills and Knowledge

1. How would you explain accounts payable processes to someone with no technical background?
2. What methods do you use to ensure the accuracy of financial documentation?
3. How do you ensure compliance with state and federal laws and regulations related to accounts payable?

What are the Educational Requirements for an Accounts Payable Manager?

Common educational requirements for Accounts Payable Managers include a Bachelor’s degree in accounting, business administration, economics, finance, or a related field.

Some employers would prefer to hire candidates with a Master’s degree in some of these areas.

There are several certifications available for Accounts Payable Managers that can prove their knowledge and expertise and enhance their professional credentials.

Some of the recognizable certifications are the Certified Accounts Payable Associate (CAPA), Certified Accounts Payable Professional (CAPP), and Chartered Global Management Accountant (CGMA).

How Much to Pay an Accounts Payable Manager when Hiring

Accounts Payable Managers earn between $34,500 and $99,500 annually.

Their median annual salary is $74,222.

Hourly wages range from $17 and $48.

The median hourly rate is $36.

Frequently Asked Questions about Accounts Payable Manager

What do Accounts Payable Managers do?

Accounts Payable Managers are responsible for managing and supervising the operations of the accounts receivable department within the organization.

They review, analyze, and maintain financial reports, statements, invoices, and other documentation, negotiate with vendors and suppliers, keep track of the company’s financial expenditures, and hire and train new members of the accounts payable team.

Where do Accounts Payable Managers work?

Accounts Payable Managers can work in a variety of industries and sectors, depending on their field of expertise or interest.

They typically work in corporate businesses, government agencies, non-profit organizations, healthcare and educational institutions, financial services firms, etc.

Who do Accounts Payable Managers report to?

Accounts Payable Managers usually report to high-level financial executives within the company, such as the Director of Finance or Chief Financial Officer.

What skills are crucial for Accounts Payable Managers?

Accounts Payable Officers must have strong financial and industry knowledge, as well as outstanding communication, attention to detail, leadership, problem-solving, and organization.

Similar Job Descriptions as Accounts Payable Manager

• Accounts Payable Specialist Job Description
• Accounts Payable Clerk Job Description

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