Accounts Payable / Receivable Managers

An Accounts Payable or Receivable Manager manages accounting staff with specific responsibility for maintaining records of accounts payable (company expenses or bills to be paid) and accounts receivable (outstanding invoices or amounts owed to a company). Uses specialized accounting software to create account databases and financial reports.

About this Career

Average Salary

£32,175

New workers start at around £15,931. Normal pay is £32,175 per year. Highly experienced workers can earn up to £64,957

Annual Openings

210

Job counts include both employed and self-employed persons in London, and do not distinguish between full and part-time jobs

Daily Tasks

  • Carries out and/or supervises general accounting and administrative work.
  • Establishes terms of credit and ensures timely payment by customer, renegotiates payment terms and initiates legal action to recover debts if necessary.
  • Checks customers’ credit rating with banks and credit reference agencies, and decides whether to offer credit.
  • Manages teams handling insurance claims.
  • Takes responsibility for the efficient and effective operation of several business accounts.
  • Develops and manages business accounts to increase sales of financial products.

Skills Employers are looking for

Skills Importance
Critical Thinking 66%
Active Learning 64%
Active Listening 63%
Mathematics 61%
Reading Comprehension 60%
Writing 59%
Learning Strategies 59%
Monitoring 51%
Speaking 51%
Science 12%

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