Description
Halliday Marx have exclusively partnered with an outstanding Media business to hire an Interim AP Manager to help improve the function dramatically and help with a backlog.
Interim Accounts Payable Manager
Central London
Media
2 months
£200-£220 per day (inclusive of holiday pay)
Duties
- Take ownership of the end-to-end Accounts Payable function across the group, managing the timely and accurate processing of approximately 500 supplier invoices per month.
- Hit the ground running to clear a backlog of invoices, prioritizing workload and implementing short-term solutions to restore BAU operations.
- Review and streamline existing AP processes, identifying inefficiencies and introducing improvements to increase productivity, accuracy, and control.
- Lead, motivate, and support the Accounts Payable team, ensuring deadlines are met and workloads are effectively managed.
- Oversee supplier statement reconciliations, resolving aged queries and discrepancies to maintain strong supplier relationships.
- Manage payment runs, ensuring suppliers are paid accurately and on time while maintaining effective cash flow controls.
- Work closely with procurement, finance, and operational stakeholders to resolve invoice approval bottlenecks and improve the purchase-to-pay process.
- Ensure robust financial controls are maintained across the AP function, with adherence to company policies and delegated authority limits.
- Support the month-end close process by ensuring AP ledgers are accurate, reconciliations are completed, and accruals are processed within reporting deadlines.
- Review and improve invoice approval workflows, driving greater efficiency through automation and process optimization where possible.
- Monitor AP KPIs, identifying trends and implementing corrective actions to improve processing times and reduce aged liabilities.
- Provide hands-on leadership during a period of change, embedding best practice and leaving the function in a stronger operational position at the end of the assignment.
Requirements
- Immediately available
- Minimum of 5 years experience as an AP Manager
- Experienced in drastically improving the AP function and significantly reducing a backlog of invoices
- Experienced managing staff