Accounts Payable Manager

Nottingham, England, United Kingdom

1/16/2025

Join Xylem in the global mission to #LetsSolveWater! As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.

The Accounts Payable Manager is responsible for managing and overseeing the entire accounts payable and receivable processes of the organization. This role involves setting objectives for the team, monitoring invoice processing, ensuring timely collections, and maintaining high quality invoicing and collection procedures. The manager will also conduct credit checks, negotiate with clients in non payment cases, and prepare financial forecasts and reports.

Responsibilities

• Set objectives for the accounts receivable team that align with the accounting department’s goals and compliance with internal controls.
• Prepare monthly, quarterly, annual, and ad hoc forecasting reports
• Identify opportunities to streamline workflows and enhance efficiency.
• Ensure high quality invoicing and collection procedures that comply with the law.
• Stay updated on industry and legislative changes.
  
  

Vendor Relations

• Lead vendor negotiations regarding payment terms, discounts, and contractual agreements.
  
  

Timely Payments

• Ensure invoices are processed promptly, and payments are made on schedule.
  
  

Financial Insights

• Analyze AP data to identify trends, cost saving opportunities, and risk assessment.
• Prepare reports for management, highlighting key metrics and actionable insights.
• Lead and manage a team, providing guidance, feedback, and support.
• Set goals and KPIs for team members and monitor performance.
• Foster a positive and collaborative work environment.
• Develop and implement training programs to keep team members updated on trends and strategies.
  
  

High Impact Behaviors

• Strategic Decision Making: A manager must be able to assess complex situations, consider long term implications, and make decisions that align with the organization’s vision and goals. This involves critical thinking, foresight, and the ability to balance various stakeholders’ interests.
• Effective Communication: Clear and transparent communication is vital for a manager. This includes articulating vision, expectations, and feedback in a way that motivates and engages team members. It also involves active listening and openness to input from all levels of the organization.
• Fostering Team Growth: A high impact manager invests in the development of their team members. This behavior includes mentoring, providing opportunities for professional growth, and creating an environment where continuous learning is encouraged and valued.
  
  

Qualifications

• A bachelor’s degree in accounting, finance, business administration, or a related field with at least 5 years experience, with at least 2 years experience as a people manager or equivalent work experience that provides exposure to fundamental theories, principles, and concepts.
• Proficiency in accounting software (e.g., SAP, QuickBooks).
• Planning and Scheduling: Proficiently create project plans, define milestones, and establish timelines. Ensure that tasks are well organized and aligned with strategic objectives.
• Budgeting: Skillfully manage project budgets, allocate resources effectively, and monitor expenses. Make informed decisions to optimize financial outcomes.
• Resource Allocation: Allocate personnel, tools, and other resources efficiently to achieve project goals. Balance competing priorities and adapt as needed.
• End to End Project Management: Lead improvement projects from initiation to completion. Monitor progress, address challenges, and ensure timely delivery of measurable results.
  
  

Join the global Xylem team to be a part of innovative technology solutions transforming water usage, conservation, and re-use. Our products impact public utilities, industrial sectors, residential areas, and commercial buildings, with a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of diversity, equity and inclusion in driving innovation and allowing us to compete more effectively around the world.