AR & AP Manager

Portmeirion Group; Stoke-on-Trent; On-site; GBP 35,000 - 50,000; Full time

Job summary

A leading company in Stoke-on-Trent is seeking an experienced Accounts Receivable/Accounts Payable Manager to oversee financial operations across two entities. The role involves managing ledgers, supervising a team, and ensuring compliance with financial policies. This position offers an opportunity to contribute to the financial health of the organization while collaborating with various departments.

Qualifications

• Experience in managing AR and AP ledgers.
• Strong understanding of cash forecasting and financial reporting.
• Ability to supervise and lead a team.

Responsibilities

• Ownership of AR and AP ledgers across two entities.
• Preparation of cash forecasts and audit deliverables.
• Supervising teams to minimize bad debts.

Skills

Supervision

Cash Management

Financial Reporting

Problem Solving

Job description

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

We are looking for an experienced Accounts Receivable/Accounts Payable Manager to join our team!

You will be part of a busy department and will be responsible for the AR and AP Ledgers across two UK entities, ensuring the timely processing of cash received, credit notes and manual invoices and ensuring that all customer queries are dealt with promptly and accurately therefore minimising bad debts. You will be responsible for the supervision of the team and the overall running of the purchase ledger department.

Your key responsibilities will include:

1. Having full ownership of both AR and AP ledgers at two UK entities.
2. Cash forecast preparation to support the Group Treasury Manager.
3. Supervision of all cash postings in and out.
4. Review of the full aged debt report and aged creditors report on a regular basis to ensure any issues are identified, are being dealt with and senior staff informed.
5. New customer and supplier account forms/credit changes are reviewed, authorised and implemented in a timely manner.
6. Understand pricing and payment variances and resolving issues promptly.
7. Supervising the AR and AP teams to ensure queries, credit notes and manual invoices are processed on a timely basis and bad debts are minimised.
8. Preparation of half and full year credit note provision and bad debt provision workings and schedules for statutory reporting purposes and liaising with auditors.
9. Preparation of all audit deliverables for AR and AP.
10. Ensure company and banking policies are adhered to with regards to payment processing.
11. Authorising the release of sales orders on hold and resolution of any issues.
12. Ensure the AR and AP inboxes are being continually monitored.
13. Responsible for credit monitoring.
14. Collaborating with the sales team/IT and Legal when new major customers or suppliers are set up to ensure we have the correct information required for correct billing and cash allocation before the account goes live.