About the Role:
We are seeking an experienced Accounts Payable Manager to oversee the accounts payable function for a busy infrastructure business. This is a hands-on role, responsible for managing the AP team, ensuring accurate and timely processing of supplier invoices, and maintaining excellent relationships with subcontractors and suppliers. The role will also contribute to process improvements and provide financial insight to support operational decision-making.
Key Responsibilities:
Team & Leadership
* Lead and manage the Accounts Payable team, including supervision, training, and development.
* Ensure the team meets KPIs, including invoice processing timelines and reduction in aged creditors.
* Act as first point of escalation for AP issues, providing guidance to the team and resolving complex supplier queries.
* Oversee AP processes to ensure compliance with company policies and statutory regulations.
Invoice & Payment Management
* Review and approve invoices, ensuring correct coding, approvals, and adherence to procurement policies.
* Manage weekly payment runs, including BACS and priority payments.
* Liaise with suppliers, subcontractors, and internal departments to resolve complex payment issues.
* Monitor cash flow and provide updates to Finance Leadership regarding upcoming obligations.
Process Improvement & Compliance
* Identify and implement process improvements to increase efficiency, accuracy, and compliance within AP.
* Ensure adherence to VAT regulations, Construction Industry Scheme (CIS), and other relevant legislation.
* Assist with internal and external audits, providing required documentation and reporting.
Month-End & Reporting
* Oversee month-end accruals and reconciliations for the AP function.
* Produce and review AP reports for senior management, highlighting trends, risks, and performance against KPIs.
* Support Finance leadership with any ad hoc financial analysis or reporting related to supplier payments.
Skills and Qualifications:
* Proven experience managing an AP function within construction, highways, or a similar sector.
* Strong knowledge of AP processes, accounting systems (NetSuite or similar), and Excel.
* Excellent leadership, communication, and organisational skills.
* Experience with subcontractor payments under CIS rules.
* Strong analytical skills and the ability to improve processes and manage risk.
KPIs:
* Timely invoice and payment processing.
* Reduction in aged creditors.
* AP team performance against agreed targets.
* Accurate and compliant reporting and reconciliations.