Assistant Manager - Accounts

Assistant Manager - Accounts (Accounts Payable and Costing)

Job Summary:

The Assistant Manager - Accounts will play a crucial role in overseeing the accounts payable function and cost management within our organization. This position ensures accurate and timely processing of vendor payments, while also analyzing costs to support financial decision-making and enhance operational efficiency.

Key Responsibilities:

• Oversee and manage the accounts payable process, ensuring compliance with company policies and deadlines.
• Review and approve invoices, ensuring accuracy of data and adherence to budget guidelines.
• Collaborate with cross-functional teams to monitor and report on cost variances and support budget forecasting.
• Conduct regular audits of accounts payable transactions to identify discrepancies and implement corrective actions.
• Assist in preparing financial reports related to accounts payable and cost analysis for management review.
• Lead month-end and year-end closing processes in relation to accounts payable and costing activities.
• Train and mentor junior team members, fostering a high-performance culture within the accounts department.

Requirements:

• Bachelor's degree in Accounting, Finance, or related field; CPA or equivalent certification is a plus.
• Minimum of 5-8 years of experience in accounts payable and cost accounting roles.
• Proficient in accounting software (e.g., SAP, Oracle, QuickBooks) and MS Office Suite, especially Excel.
• Strong analytical skills with keen attention to detail and accuracy in financial reporting.
• Excellent organizational skills and the ability to manage multiple priorities effectively.
• Effective communication skills, both verbal and written, for interaction with vendors and internal teams.
• Knowledge of accounting principles and relevant financial regulations.

Preferred Qualifications:

• Experience with process improvement initiatives and efficiency optimization in accounts payable.
• Understanding of tax regulations related to accounts payable.
• Prior experience in managing a small team within a finance department.
• Exposure to financial modeling and cost-benefit analysis.