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Senior Accounts Payable Manager

Future Publishing Ltd seeks a dynamic and experienced Senior Accounts Payable Manager to lead our fast-paced, global Accounts Payable (AP) department. With responsibility for a team of seven staff members, the successful candidate will oversee the end-to-end Procure-to-Pay (P2P) process across multiple subsidiaries. This role demands a strong leader who is people-focused, highly communicative, and capable of delivering sustained improvements while engaging with senior leadership teams (SLT).

What you'll be doing...

Reporting to the Head of Financial Operations, you will be involved in the following:

Team Leadership:

  • Lead, motivate, and develop a team of seven AP professionals, ensuring alignment with company goals and values.
  • Manage recruitment, onboarding, training, and ongoing development to build a high-performing team.
  • Foster a culture of collaboration, accountability, and continuous improvement.

P2p Process Management:

  • Oversee the full P2P process, including invoice processing, payment approvals, vendor management, and reconciliations.
  • Drive sustained improvements in AP processes, leveraging technology and innovative solutions to enhance efficiency and accuracy.
  • Ensure compliance with internal controls, company policies, and regulatory requirements.

Communication and Stakeholder engagement:

  • Act as a key point of contact for SLT, providing timely and clear updates on AP performance and strategic initiatives.
  • Collaborate effectively with internal teams and external stakeholders across global subsidiaries.
  • Proactively resolve escalated issues with vendors, employees, and other departments.

Project Management and Process Improvements:

  • Lead projects aimed at streamlining AP operations and implementing best practices globally.
  • Identify opportunities for automation, digital transformation, and cost savings.
  • Ensure the successful implementation and adoption of new systems or tools.

Experience that will put you ahead of the curve...

  • Proven experience in managing an Accounts Payable department, ideally within a global, multi-subsidiary organization.
  • Strong leadership and team management skills, with experience in recruitment, training, and development.
  • Excellent communication skills, with the ability to engage effectively at SLT level.
  • Demonstrated expertise in P2P processes and AP best practices.
  • Proven track record in driving process improvements and managing AP-related projects.
  • Strong analytical, organizational, and problem-solving abilities.
  • Professional accounting qualification or relevant degree.
  • Experience with ERP systems and AP automation tools.
  • Familiarity with regulatory and compliance requirements in a global context.

What's in it for you…

The expected range for this role is £50,000 - £65,000

This is a Hybrid role from our Bath Office, working three days from the office, two from home.

  • Uncapped leave, because we trust you to manage your workload and time
  • When we hit our targets, enjoy a share of our profits with a bonus
  • Refer a friend and get rewarded when they join Future
  • Wellbeing support with access to our Colleague Assistant Programmes
  • Opportunity to purchase shares in Future, with our Share Incentive Plan

… Plus more great perks based on your location

Internal job family level P4

Who are we…

We’re Future. We’re 3000+ colleagues over 250+ brands speaking to 400 million people every month across the globe through websites, events and magazines. We’ve got ambitious plans that build on our growth momentum and unlock new opportunities and we’re looking for talented people who want to be a part of it. 

Our Future, Our Responsibility - Inclusion and Diversity at Future

We have a voice and we’re going to use it. We promote diversity and inclusion not just in our recruitment processes, but everything we do. We’re an equal opportunity employer and we will continue to ensure our recruitment process is free of bias and our workplaces are inclusive, positive, free of discrimination and respecting all backgrounds and beliefs. Our culture is underpinned by our values and employees - current and future - are treated with respect and fairness.

Please let us know if you need any reasonable adjustments made so we can give you the best experience!

Find out more about Our Future, Our Responsibility on our website.

#LI-Hybrid

Average salary estimate

$75000 / YEARLY (est.)
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$65000K
$85000K

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What You Should Know About Senior Accounts Payable Manager, Future Publishing

Future Publishing Ltd is on the lookout for a dynamic Senior Accounts Payable Manager to lead our thriving global Accounts Payable (AP) department. Throughout this exciting role, you will be at the helm, steering a talented team of seven dedicated professionals, ensuring that we maintain excellence in our end-to-end Procure-to-Pay (P2P) process across our diverse subsidiaries. As you report to the Head of Financial Operations, your leadership will foster a culture of growth, collaboration, and continual improvement while aligning with our company values. You’ll not only manage the processes surrounding invoice processing and vendor management but also communicate effectively with senior leadership teams to keep them updated on AP performance. You’ll play a vital role in streamlining operations, discovering automation opportunities, and implementing best practices globally, all while ensuring compliance with regulations. Your strong analytical skills and professional accounting background will empower you to engage with various stakeholders and resolve complex issues proactively. If you are passionate about improving AP processes and leading a team to success, then Future Publishing Ltd is the right place for you!

Frequently Asked Questions (FAQs) for Senior Accounts Payable Manager Role at Future Publishing
What are the responsibilities of a Senior Accounts Payable Manager at Future Publishing Ltd?

As a Senior Accounts Payable Manager at Future Publishing Ltd, you'll oversee a team of seven professionals in managing the entire Procure-to-Pay process. Your responsibilities will include driving improvements in AP processes, ensuring compliance with internal controls and regulations, and acting as a key point of contact for the senior leadership team to provide updates on AP performance.

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What qualifications are necessary for the Senior Accounts Payable Manager role at Future Publishing Ltd?

To excel as a Senior Accounts Payable Manager at Future Publishing Ltd, candidates should possess a professional accounting qualification or a relevant degree, significant experience in managing AP departments, strong leadership abilities, and a proven track record in driving process improvements and managing AP-related projects.

Join Rise to see the full answer
How does Future Publishing Ltd support the ongoing development of its Senior Accounts Payable Manager?

Future Publishing Ltd is committed to the growth of its employees. As a Senior Accounts Payable Manager, you will oversee recruitment, onboarding, and training of your team. You'll also be encouraged to foster a culture of continuous improvement and collaboration, as well as participate in ongoing professional development initiatives.

Join Rise to see the full answer
What benefits can the Senior Accounts Payable Manager expect at Future Publishing Ltd?

As a Senior Accounts Payable Manager at Future Publishing Ltd, you can expect a competitive salary range of £50,000 - £65,000, the flexibility of a hybrid working model, uncapped leave, bonus opportunities, and various well-being support programs. Additionally, there's the chance to invest in company shares through our Share Incentive Plan.

Join Rise to see the full answer
What does the team culture look like for the Senior Accounts Payable Manager at Future Publishing Ltd?

The culture at Future Publishing Ltd for a Senior Accounts Payable Manager emphasizes collaboration, accountability, and respect for all employees. The company promotes diversity and inclusion within the workplace, ensuring that every team member feels valued and supported, making it an exciting environment to thrive in.

Join Rise to see the full answer
Common Interview Questions for Senior Accounts Payable Manager
Can you describe your experience managing an Accounts Payable department?

When answering this question, provide specific examples demonstrating your leadership experience in AP. Discuss how you've managed teams, your approach to optimizing processes, and any successful projects you've spearheaded to drive efficiency and accuracy.

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What strategies would you implement to improve the Procure-to-Pay process?

In your response, outline strategic approaches such as automating invoice processing, enhancing vendor management practices, or introducing performance metrics to monitor and refine the P2P process continually.

Join Rise to see the full answer
How do you handle conflicts or escalated issues with vendors?

Explain your conflict-resolution approach, emphasizing communication and collaboration. Share examples of how you've effectively resolved issues while maintaining strong vendor relationships.

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What tools or systems have you used in managing accounts payable?

Discuss specific ERP systems and AP automation tools you've utilized, detailing how they helped streamline processes, improve accuracy and compliance, and enhance overall department efficiency.

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How do you ensure compliance with internal controls and regulatory requirements?

Describe the internal control measures you prioritize in AP management, including regular audits, employee training, adherence to policies, and staying updated with regulatory changes.

Join Rise to see the full answer
What leadership qualities do you think are essential for a Senior Accounts Payable Manager?

Highlight qualities such as effective communication, adaptability, team motivation, and the ability to foster a collaborative environment. Provide examples of how you've demonstrated these qualities in your career.

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Can you share an experience where you led a successful process improvement initiative in AP?

Prepare a focused narrative outlining a specific project, the methods you employed to implement changes, and the positive impact it had on the team's efficiency and overall AP function.

Join Rise to see the full answer
What role does technology play in the future of accounts payable?

Discuss how technologies like automated invoicing, machine learning, and digital payment solutions can transform AP operations, reduce manual workload, and enhance data accuracy.

Join Rise to see the full answer
How would you approach onboarding and developing your AP team?

Describe your onboarding strategies and ongoing development plans, stressing the importance of tailored training, mentorship, and fostering a strong team culture.

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Why do you want to work for Future Publishing Ltd as a Senior Accounts Payable Manager?

Share what excites you about Future Publishing Ltd, such as their innovative approach, commitment to diversity, and the chance to contribute to a number of brands while leading a dedicated AP team.

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Founded in 1985, Future is a global multi-platform media company that provides magazines in fields such as video games, photography, technology, films, and home & knowledge. Future is located in the United Kingdom.

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Full-time, hybrid
DATE POSTED
December 4, 2024

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