Accounts Payable Supervisor Jobs
The Accounts Payable Supervisor is a vital position within an organization, responsible for overseeing the entire accounts payable function. This role entails managing a team of accounts payable staff to ensure the timely and accurate processing of vendor invoices, expense reimbursements, and other financial transactions.
The supervisor must foster strong relationships with various departments, vendors, and external auditors while adhering to company guidelines and relevant accounting standards. A successful Accounts Payable Supervisor Jobs requires a blend of technical accounting knowledge, supervisory skills, and the capability to resolve complex financial issues.
Additionally, this role involves developing and implementing procedures to ensure efficient financial operations, training and evaluating staff, and contributing to the organization's financial health through accurate reporting and compliance.
National Yearly Income Range:
$55,000 - $90,000
Why Being an Accounts Payable Supervisor is Great.
An Accounts Payable Supervisor plays a crucial role in managing a company's financial operations, ensuring that all invoices are processed accurately and timely, which is essential for maintaining positive vendor relationships and cash flow. This position offers a unique blend of leadership and analytical skills, allowing individuals to oversee a team while also engaging in problem-solving and process improvement. The opportunity to work closely with various departments enhances collaboration and communication skills, making it a dynamic and rewarding career path. Additionally, the demand for skilled professionals in this area continues to grow, providing job security and opportunities for advancement.
Accounts Payable Supervisor Jobs are not only pivotal in supporting the financial health of an organization but also provide a solid foundation for those looking to advance in the finance and accounting field.
Accounts Payable Supervisor Job Duties And Responsibilities
The Accounts Payable Supervisor is responsible for managing the accounts payable, deposits, and refunds functions, ensuring that vendor invoices and expense reimbursements are processed in a timely manner. This role involves developing and maintaining policies and procedures, supervising and training staff, and reviewing invoices for accuracy to ensure proper coding and payment. The AP Supervisor also acts as a liaison for external auditors, maintains vendor files, and ensures compliance with IRS regulations, including the processing of 1099s. Additionally, the supervisor analyzes accounts payable reports to identify trends, investigates discrepancies, and prepares necessary financial reports, all while providing excellent customer service to internal and external stakeholders.
Why be an Accounts Payable Supervisor with IES Residential?
Becoming an Accounts Payable Supervisor with IES Residential offers a unique opportunity to join a company with over 50 years of industry experience and a strong commitment to employee development and community engagement. At IESR, you will be part of a family-oriented culture that values safety, humility, and continuous learning, allowing you to thrive in a supportive environment. The role not only provides competitive compensation and comprehensive benefits but also enables you to contribute to a company that prioritizes making a positive impact on its employees, customers, and the communities it serves.
Join us in shaping the future of IES Residential while advancing your career in a dynamic and inclusive workplace.
Company Benefits
Competitive Wages
401(k) Plan with Contribution Matching
Paid Time Off (PTO)
Company Paid Life Insurance
Medical, Dental, & Vision Coverage
Short Term Disability Plans
Optional Long-Term Disability
Optional Critical Illness, Accident, Legal, & Pet Coverage.
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IES Residential States of Operation
FAQs
What's an Accounts Payable Supervisor's job description?
An Accounts Payable Supervisor is responsible for overseeing the accounts payable function within an organization. This role includes managing a team, ensuring timely processing of vendor invoices and expense reimbursements, and maintaining compliance with accounting standards and regulations. The supervisor develops policies, trains staff, and resolves complex financial issues, while fostering relationships with departments, vendors, and auditors to support efficient financial operations and accurate reporting.
What is the average salary of an Accounts Payable Supervisor?
The average salary of an Accounts Payable Supervisor is approximately $70,000 per year, with a range from about $55,000 to $90,000 annually. Hourly rates typically range from $26 to $43, depending on experience and location.
How do I get an Accounts Payable Supervisor job?
To get an Accounts Payable Supervisor job, you typically need a Bachelor's degree in Accounting or Business Administration, though an Associate's degree with extensive experience may suffice. You should have 3-5 years of accounts payable experience, including at least 2 years in a supervisory role. Proficiency in accounting software and Microsoft Office is essential, along with strong communication, analytical, and organizational skills. Familiarity with auditing principles and accounting regulations is also important. While specific certifications are not usually required, knowledge of relevant laws is beneficial. Networking and applying to job openings in your industry can help you secure a position.
What are the job duties of an Accounts Payable Supervisor?
The job duties of an Accounts Payable Supervisor include managing the accounts payable process to ensure timely payments of vendor invoices and expense reimbursements. They develop and maintain policies and procedures for accounts payable, supervise and train staff, and review invoices for accuracy. The supervisor maintains vendor files, provides customer service for financial inquiries, and acts as a liaison for external audits. They also manage month-end closing, approve new vendor setups, reconcile general ledger accounts, and ensure compliance with procurement policies. Additionally, they analyze accounts payable reports, resolve discrepancies, and prepare required financial reports.
How much does an Accounts Payable Supervisor make per hour?
An Accounts Payable Supervisor typically makes between $26 and $43 per hour, depending on experience and location.
Is an Accounts Payable Supervisor job fullfilling?
An Accounts Payable Supervisor job can be fulfilling for those who enjoy financial management, team leadership, and problem-solving. It offers opportunities for professional growth, collaboration, and the chance to contribute to a company's financial health. However, fulfillment can vary based on individual interests and work environment.
How long does it take to become an Accounts Payable Supervisor?
To become an Accounts Payable Supervisor, it typically takes around 5 to 7 years. This includes obtaining a Bachelor’s degree in Accounting or Business Administration and gaining 3-5 years of experience in accounts payable, with at least 2 years in a supervisory role. Relevant skills and knowledge in accounting principles, software proficiency, and strong communication abilities are also essential.
Is there a demand for Accounts Payable Supervisors?
Yes, there is a strong demand for Accounts Payable Supervisors due to the growing need for financial oversight and efficient management of accounts payable processes in various industries. Companies seek skilled professionals to ensure accuracy, compliance, and timely payments, making this role essential in today's business environment.
What are Accounts Payable Supervisor career paths?
Accounts Payable Supervisor career paths typically include advancement to roles such as Accounts Payable Manager, Finance Manager, or Controller. With further experience and education, individuals may progress to positions like Director of Finance or Chief Financial Officer. Additionally, some may transition into related fields such as auditing, financial analysis, or treasury management. Continuous professional development and certifications can enhance career prospects in these areas.
What are the job responsibilities of an Accounts Payable Supervisor?
An Accounts Payable Supervisor is responsible for managing the accounts payable functions, ensuring timely vendor payments and expense reimbursements. Key duties include developing and maintaining procedures for accounts payable, supervising and training staff, reviewing invoices for accuracy, and maintaining vendor files. They provide customer service for financial inquiries, act as a liaison for auditors, and ensure compliance with IRS regulations. Additional responsibilities include processing 1099s, managing month-end closings, approving new vendor setups, reconciling general ledger accounts, overseeing payment record archiving, and preparing financial reports. They also investigate discrepancies and analyze accounts payable reports to identify trends and inefficiencies.
What are the requirements to get an Accounts Payable Supervisor job?
To qualify for an Accounts Payable Supervisor position, candidates typically need:
1. **Education**: A Bachelor’s degree in Accounting, Business Administration, or a related field is preferred. An Associate’s degree with substantial experience may be acceptable.
2. **Work Experience**: At least 3-5 years of accounts payable experience, with a minimum of 2 years in a supervisory or managerial role. Experience in healthcare or a similar industry is often preferred.
3. **Skills and Knowledge**:
- Understanding of auditing principles and accounting regulations.
- Proficiency in accounting software and Microsoft Office Suite.
- Strong verbal and written communication, supervisory, analytical, and organizational skills.
- Ability to motivate and manage staff performance.
4. **Licenses & Certifications**: While specific certifications are not usually required, knowledge of relevant accounting regulations at various levels is essential.
Are there entry level Accounts Payable Supervisor jobs?
Yes, there are entry-level Accounts Payable Supervisor positions. Typically, these roles require a bachelor's degree in accounting, finance, or a related field. Key skills include proficiency in accounting software, strong attention to detail, effective communication, and basic leadership abilities. Experience in accounts payable or related financial roles is often preferred.
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