Senior Accounts Payable Accountant

A Senior Accounts Payable Accountant helps maintain an organization's financial health by managing and overseeing the entire accounts payable function. Their work ensures that all payment transactions are processed accurately, efficiently, and in compliance with financial policies and regulations. 

This role requires a keen eye for detail and strong organizational skills to handle high volumes of invoices and reconcile accounts while maintaining strong vendor relationships.

In a Financial Services company, the Senior Accounts Payable Accountant manages the entire cycle of accounts payable activities. That includes processing invoices and disbursements, maintaining accurate financial records, and ensuring the integrity of financial reports. 

By optimizing payment processes and fostering strong vendor relationships, these professionals contribute to the company's smooth operation and financial stability.

Are you methodical, detail-oriented, and passionate about financial management?

Step into the role of Senior Accounts Payable Accountant and lead our accounts payable operations to new heights of precision and efficiency!

This is an excellent opportunity to leverage your expertise in ensuring the accuracy of our financial transactions and driving the implementation of best practices in accounts payable management.

Apply now and elevate your career today!

• Oversee the end-to-end accounts payable process, including invoice processing, payment disbursement, and vendor communications.
• Reconcile vendor statements, resolve discrepancies, and maintain good vendor relationships.
• Review and approve employee expense reports in compliance with company policies.
• Prepare and analyze aging reports to identify outstanding liabilities and manage cash flow effectively.
• Monitor and enforce accounts payable policies and procedures to enhance financial controls.
• Ensure timely and accurate recording of financial transactions in the accounting system.
• Conduct regular audits of accounts payable transactions to ensure accuracy and completeness.
• Collaborate with internal departments to resolve issues related to accounts payable and support month-end closing activities.
• Maintain confidentiality of financial information and exercise discretion in handling sensitive data.
• Prepare various financial reports related to accounts payable for management review.
• Participate in external audits and provide necessary documentation and support as required.
• Stay updated on industry best practices and changes in accounting regulations related to accounts payable.
• Train and mentor junior accounts payable staff to ensure high performance and adherence to guidelines.
• Handle ad-hoc projects and tasks as assigned by the Finance Manager.

• Achieve a monthly accounts payable processing accuracy rate of at least 98%.
• Reduce average invoice processing time by 20% through process improvements.
• Improve vendor satisfaction scores by implementing enhanced communication protocols.
• Ensure timely payment processing without any instances of missed or delayed payments.
• Decrease outstanding accounts payable balances by 15% within the first year.
• Generate weekly cash flow forecasts based on accounts payable data.

• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA or relevant certification is preferred.
• Minimum of 5 years of experience in accounts payable or related financial roles.
• Proficiency in accounting software and MS Excel.
• Strong understanding of accounting principles and financial regulations.
• Proven problem-solving capabilities in resolving accounts payable issues.
• Excellent analytical skills with attention to detail.
• Effective time management and organizational abilities.
• Ability to work well under pressure and meet deadlines.
• Strong communication and interpersonal skills for vendor and internal interactions.