What is the primary role of an accounts manager?

The primary role of an accounts manager involves overseeing and managing accounts payable and receivable, which is crucial for maintaining the financial health of an organization. This includes ensuring that payments to suppliers and creditors are made on time while also managing the collection of funds owed by customers. By effectively managing these accounts, the accounts manager helps maintain cash flow, ensures that all transactions are recorded accurately, and minimizes the risk of overdue payments or bad debts.

The responsibilities associated with this role are vital in supporting the overall financial operations of a business, as they directly impact cash management and financial stability. The accounts manager must monitor various financial metrics and workflows to optimize the accounting function, ensure compliance with financial policies, and contribute to strategic financial planning.