What does an Accounts Payable Supervisor do?
Published 3 min read
An accounts payable supervisor is responsible for managing the accounts payable department and ensuring that all invoices are paid in a timely manner. They will also work with vendors to resolve any issues and ensure that payments are made according to the terms of the contract.
Accounts Payable Supervisor job duties include:
- Supervise and train accounts payable staff
- Review and approve all invoices for payment
- Ensure invoices are properly coded and approved for payment
- Maintain vendor relationships and resolve any invoice issues
- Process employee expense reports
- Reconcile vendor statements
- Prepare monthly accruals
- Assist with month end closing
- Ad-hoc reporting as needed
Accounts Payable Supervisor Job Requirements
The job of an accounts payable supervisor generally requires at least a bachelor's degree in accounting, finance, or a related field. Certification as a Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) is often preferred. Accounts payable supervisors typically have several years of experience working in accounts payable or a related field before being promoted to a supervisory role.
Accounts Payable Supervisor Skills
- Accounts Payable
- Accounts Receivable
- Bank Reconciliation
- Financial Reporting
- General Ledger
- Journal Entries
- Month-End Close
- Payroll
- Tax Preparation
- Variance Analysis
- Budgeting
- Forecasting
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How to become an Accounts Payable Supervisor
The Accounts Payable Supervisor is responsible for the accurate and timely processing of invoices and employee expense reports. This position reports to the Controller and works closely with the Accounting Manager. The Accounts Payable Supervisor must have excellent organizational skills and be able to work independently with little supervision.
The Accounts Payable Supervisor position is a great opportunity for someone who is looking to take on more responsibility in their career. If you are interested in becoming an Accounts Payable Supervisor, here are a few things you can do to make yourself a more attractive candidate for the job:
1. Get experience working in accounts payable. This can be done by working in an accounts payable department or by taking on accounts payable responsibilities in your current role.
2. Develop strong attention to detail. This is critical in ensuring that invoices and expense reports are processed accurately.
3. Build up your knowledge of accounting principles. A strong understanding of accounting will be helpful in managing the accounts payable function effectively.
4. Stay up to date on technology. Many companies use software to streamline the accounts payable process. Familiarity with these types of systems will make you more efficient in your role.
5. Be proactive and organized. The ability to stay ahead of the workload and keep track of deadlines is essential in this role.
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