What To Look For When Hiring An Accounts Payable Manager

What To Look For When Hiring An Accounts Payable Manager

The job of an accounts payable manager is very demanding and also very important. They handle the finances of a company and hiring the wrong person can be disastrous for any business. If you have found yourself in the market for a new AP manager it is best to take the necessary time to know more about the person you are about to hire. You cannot just entrust the company’s sensitive financial information to anyone.

Here are some traits to look for in any potential accounts payable manager:

1. Willingness To Try New Software

There are some candidates who aren’t comfortable with using the automated accounts payable software because they are used the manual invoicing processing. If they refuse to work with a new software, they are most likely not fit for the position. However, candidates that may or may not have any experience with the automated AP system, but are eager to learn more are the better choice.

Their willingness to step out of their comfort zone means they want to learn more, instead of just sticking to what they already know, even when it is out of date invoice processing.

2. Years Of AP Department Experience

Hiring someone who has no experience within any form of AP as a manager is not a wise business decision. It will be great if the potential hire has at least 2 years of managerial experience, but it is not necessary. As long as they have had a couple of years working for an accounts payable department, they may have the skills to become the AP manager for your business.

3. Call Their References

There is no better way to learn more about a person’s personality, work ethic, and how they work with a team than to call their references. If the candidate you are interviewing cannot produce any credible references, they might not be right choice. Always do extra research on a potential hire because they will be put in charge of very important and sensitive financial matters that will affect your company’s success.

4. Leadership Qualities

Not everyone is born to become a leader. In fact, most people go through their entire lives simply following orders. To qualify as a manager for an AP department, the person you should hire should possess some degree of leadership. These qualities may vary from person to person, but the best managers must have at least three of the following qualities:

Know their strengths and accept their weaknesses

Ability to make sound and smart decisions

Capability of working with minimal supervision

Work well with a team

Be able to manage their stress and emotions well

Have a professional attitude about their work and responsibilities

Be a teacher as well as a student

Take The Hiring Process Seriously

It is best to really look for someone who is highly qualified to manage an automated accounts payable software as well as a few staff members. Try not to rush the hiring process as you might end up hiring the wrong person that do not have any good qualities to be a trustworthy AP manager.
Are you looking for an accounts payable software that can save you from big headaches through your procure-to-pay processes? Contact Nexus Systems today!

Categories: Finance

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