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Ruben Bennett
Accounts Payable Supervisor
Summary
Highly accomplished and results-oriented Accounts Payable Supervisor with over 8 years of experience in the finance industry. Proven ability to optimize accounts payable processes, reduce errors, and negotiate favorable terms with vendors. Expertise in budgeting, forecasting, bank reconciliation, and credit/debit memo processing. Strong leadership and communication skills, with a proven track record of managing and developing teams.
Education
Bachelor’s degree in Accounting or Finance
April 2018
Skills
- Accounts Payable Processing
- Bank Reconciliation
- Budgeting and Forecasting
- Collections Management
- Credit and Debit Memo Processing
- Customer Relationship Management (CRM)
Work Experience
Accounts Payable Supervisor
- Established and maintained strong relationships with vendors and internal stakeholders.
- Supervised a team of accounts payable specialists, providing guidance and training.
- Developed and implemented internal controls to prevent fraud and ensure accountability.
- Analyzed invoice data to identify potential fraud and irregularities.
Accounts Payable Supervisor
- Identified and corrected vendor payment discrepancies, reducing errors by 25%.
- Optimized accounts payable processes, implementing a new invoice management system that reduced processing time by 15%.
- Negotiated favorable terms with vendors, securing discounts and early payment incentives.
- Reconciled complex financial transactions, ensuring accuracy and compliance.
Accomplishments
- Identified and implemented process improvements that streamlined the Accounts Payable workflow, reducing processing time by 25%
- Developed and implemented a centralized Accounts Payable system that improved transparency and reduced invoice processing errors by 15%
- Collaborated with crossfunctional teams to enhance invoice reconciliation procedures, resulting in an 8% increase in efficiency
- Led a project to automate invoice entry and matching, freeing up team members to focus on valueadded tasks
- Implemented a vendor relationship management program that improved supplier relationships and reduced invoice processing time by 10%
Awards
- Recognized by [Organization Name] for outstanding performance in Accounts Payable management, achieving a 98% accuracy rate
- Received the [Award Name] for exceptional contributions to the Accounts Payable team, significantly enhancing process efficiency
- Commended by management for consistently exceeding performance expectations in the Accounts Payable department
- Nominated for the [Award Name] for innovative use of technology in Accounts Payable processes
Certificates
- Certified Accounts Payable Professional (CAPP)
- Certified Bookkeeper (CB)
- Certified Cash Manager (CCM)
- Certified Financial Analyst (CFA)
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How To Write Resume For Accounts Payable Supervisor
- Showcase your technical skills and proficiency in accounts payable software.
- Quantify your accomplishments with specific metrics and results.
- Highlight your ability to manage and motivate a team.
- Demonstrate your understanding of accounting principles and financial reporting.
- Tailor your resume to each job description, emphasizing the skills and experience most relevant to the role.
Essential Experience Highlights for a Strong Accounts Payable Supervisor Resume
- Supervised and mentored a team of accounts payable specialists
- Developed and implemented internal controls to prevent fraud and ensure accountability
- Reconciled complex financial transactions, ensuring accuracy and compliance
- Optimized accounts payable processes, implementing a new invoice management system that reduced processing time by 15%
- Negotiated favorable terms with vendors, securing discounts and early payment incentives
- Analyzed invoice data to identify potential fraud and irregularities
- Improved vendor relationships, resulting in streamlined communication and faster resolution of payment issues
Frequently Asked Questions (FAQ’s) For Accounts Payable Supervisor
What are the key responsibilities of an Accounts Payable Supervisor?
Managing a team of accounts payable specialists, optimizing accounts payable processes, reconciling financial transactions, negotiating with vendors, analyzing invoice data, and ensuring compliance with accounting principles.
What qualifications are required to become an Accounts Payable Supervisor?
Typically a bachelor’s degree in Accounting or Finance, along with several years of experience in accounts payable or a related field.
What are the career prospects for an Accounts Payable Supervisor?
Accounts Payable Supervisors can advance to roles such as Accounts Payable Manager, Finance Manager, or Controller.
What are the challenges faced by Accounts Payable Supervisors?
Managing large volumes of invoices, ensuring accuracy and compliance, negotiating with vendors, and staying up-to-date with changing accounting regulations.
What are the key skills required for an Accounts Payable Supervisor?
Strong technical skills in accounts payable software, proficiency in accounting principles, analytical and problem-solving abilities, and excellent communication and interpersonal skills.
What is the average salary for an Accounts Payable Supervisor?
The average salary varies depending on experience, location, and company size, but typically ranges from $60,000 to $90,000 per year.