Free AI-Powered Accounts Payable Manager Job Description Template (JD)
Download our 100% free, AI-generated, and ATS-optimized job description template for hiring Accounts Payable Managers. This professional template includes comprehensive responsibilities, qualifications, work arrangements, and required skills for managing accounts payable operations. Perfect for remote, hybrid, and onsite positions. Customizable for public, private, government, and nonprofit sectors.
Salary Range
Work Type
Location
Experience
About Our Company
We are a leading multinational corporation with a robust financial management structure committed to delivering excellence in accounting operations and vendor relationships. Our company culture promotes innovation, professional growth, and work-life balance while maintaining the highest standards of integrity and operational efficiency in our accounts payable processes.
Company Overview
- Operations in 25+ countries worldwide
- Over 2000+ employees globally
- Industry leader since 1995
- Award-winning financial operations team
Our Values
- Operational excellence in all processes
- Strong vendor relationships
- Financial integrity and compliance
- Process automation and innovation
Growth & Innovation
Continuous expansion and cutting-edge payment management systems
- Process automation
- Fintech integration
- Strategic growth
Team Culture
Collaborative environment fostering financial operations excellence
- Inclusive workplace
- Finance leadership
- Work-life balance
Excellence
Commitment to highest standards in financial operations
- Process efficiency
- Compliance leadership
- Industry best practices
Job Overview
We are seeking an experienced Accounts Payable Manager to lead our accounts payable department. The ideal candidate will oversee all accounts payable operations, optimize payment processes, manage vendor relationships, and ensure timely and accurate payments while maintaining compliance with financial policies and regulations.
Job-Designation Details
- Reports to Finance Director
- Working hours: 9:00 AM - 6:00 PM
- Travel: Minimal (10%)
- Start date: Immediate
Work Arrangements
- Hybrid work model (3 days in office)
- Flexible schedule during month-end
- Leads team of 4-6 AP specialists
- Modern ERP and payment systems
Key Responsibilities
Accounts Payable Management
- Oversee the full accounts payable cycle from invoice receipt to payment
- Manage and streamline invoice processing, approval workflows, and payment execution
- Review and approve payment batches and ensure accurate and timely vendor payments
- Develop and implement AP policies, procedures, and internal controls
Vendor & Relationship Management
- Build and maintain strong relationships with vendors and internal stakeholders
- Resolve complex vendor payment issues and disputes promptly
- Negotiate payment terms and discounts with key suppliers
- Oversee vendor master data management and maintenance
Team Leadership & Process Improvement
- Lead, train, and develop a team of accounts payable specialists
- Identify and implement process improvements and automation opportunities
- Monitor key performance metrics and produce regular reports for leadership
- Ensure compliance with tax regulations, SOX requirements, and company policies
Qualifications & Requirements
Experience
- Minimum 3 years in a supervisory role
- Experience with high-volume invoice processing
- Proven track record of process improvement
- Experience with accounts payable automation tools
Education & Certifications
- MBA or Master's degree in Finance preferred
- CA/CMA certification highly valued
- APP (Accounts Payable Professional) certification a plus
- Financial systems implementation experience
Technical Skills
- Proficiency in ERP systems (SAP, Oracle, etc.)
- Advanced Excel and data analysis skills
- Experience with AP automation software
- Knowledge of electronic payment methods
Soft Skills
- Strong leadership and team management
- Excellent vendor relationship management
- Problem-solving and conflict resolution
- Detail-oriented with high accuracy standards
Benefits & Perks
Health & Wellness
- Comprehensive medical insurance plan
- Dental and vision coverage
- Group term life insurance
- Employee wellness program
Financial Benefits
- Competitive salary package
- Performance-based annual bonus
- Provident fund with employer matching
- Professional expense reimbursement
Professional Development
- Leadership training programs
- Finance certification support
- Industry conference attendance
- Cross-functional project opportunities
Work-Life Balance
- Hybrid work arrangement
- 25 days paid annual leave
- Flexible working hours
- Paid maternity and paternity leave
Work Environment
Our Accounts Payable Manager operates in a dynamic finance department with modern facilities and collaborative workspace. We offer a hybrid work model combining in-office collaboration with remote flexibility. Our environment supports professional development while providing the technological resources needed for efficient accounts payable operations.
Workplace Setting
Department Culture
Work Schedule
Core hours 9 AM - 6 PM with flexibility during month-end closing periods
AP Technology
Advanced invoice automation and vendor portal systems
Team Building
Regular finance team events and cross-department initiatives
Frequently Asked Questions
What are the key responsibilities of an Accounts Payable Manager?
An Accounts Payable Manager oversees the entire accounts payable function including invoice processing, payment approvals, vendor management, team leadership, process improvement, and compliance. Key responsibilities include managing the AP team, implementing internal controls, optimizing payment cycles, negotiating with vendors, ensuring regulatory compliance, and providing financial reporting to senior management.
What qualifications are needed for an Accounts Payable Manager position?
Typically, an Accounts Payable Manager needs a bachelor's degree in Finance, Accounting, or a related field, 5-7 years of accounts payable experience with at least 3 years in a supervisory role. Important qualifications include proficiency in ERP systems (SAP, Oracle, etc.), strong knowledge of accounting principles, experience with AP automation technologies, and excellent leadership and communication skills. Professional certifications like CA, CMA, or APP (Accounts Payable Professional) are highly valued.
What software skills are important for Accounts Payable Managers?
Accounts Payable Managers should be proficient in ERP systems (SAP, Oracle, Microsoft Dynamics), accounts payable automation software (like Kofax, Basware, or AvidXchange), advanced Excel for data analysis and reporting, electronic payment platforms, and vendor portals. Experience with OCR (Optical Character Recognition) technology, workflow automation tools, and financial reporting systems is also valuable.
How is Accounts Payable changing with new technologies?
Accounts Payable is rapidly evolving with technologies like AI-powered invoice processing, OCR for automated data extraction, blockchain for secure transactions, robotic process automation (RPA) for routine tasks, and advanced analytics for spend management. Modern AP Managers need to embrace these technologies to reduce manual work, minimize errors, accelerate approval workflows, and generate valuable business insights from payment data.
What is the average salary range for Accounts Payable Managers in India?
In India, the average salary for Accounts Payable Managers ranges from ₹6,00,000 to ₹14,00,000 per year, depending on experience, qualifications, company size, and location. Managers with specialized skills in ERP systems, AP automation, and team leadership can command higher salaries. Those in multinational corporations or in metro cities like Mumbai, Delhi, and Bangalore typically earn at the higher end of this range.
What are the key performance indicators (KPIs) for an Accounts Payable Manager?
Key performance indicators for Accounts Payable Managers include invoice processing time, payment accuracy rate, percentage of early payment discounts captured, cost per invoice processed, invoice exception rate, days payable outstanding (DPO), percentage of invoices processed electronically, vendor satisfaction metrics, and AP team productivity. These metrics help evaluate operational efficiency, cost management, and overall department performance.
How do Accounts Payable Managers ensure compliance and prevent fraud?
Accounts Payable Managers implement robust internal controls including segregation of duties, proper authorization protocols, regular audits, and system access restrictions. They establish clear documentation requirements, conduct vendor verification procedures, implement three-way matching (PO, receipt, invoice), and perform regular reconciliations. Additionally, they stay updated on tax regulations, implement fraud detection tools, provide staff training, and work closely with internal audit teams to ensure compliance.
What industries offer the best opportunities for Accounts Payable Managers in India?
In India, Accounts Payable Managers find excellent opportunities in manufacturing, IT/ITES, shared service centers, retail, healthcare, and hospitality sectors. Large multinational corporations with global procurement operations and financial service companies offer particularly promising career paths. Growth industries like e-commerce and technology companies with high transaction volumes are also creating new opportunities for AP professionals with advanced skills in payment automation and data analytics.