AP/AR Manager

Express Employment Professionals; Vineland (NJ); On-site; USD 55,000 - 85,000; Full time

Job summary

An established industry player is seeking an AP/AR Manager to oversee the daily operations of their Accounts Payable and Receivable teams. This role is crucial for ensuring accurate processing of invoices, payments, and collections while maintaining strong vendor and customer relationships. The ideal candidate will have a Bachelor's degree in Accounting or Finance and experience in financial management. You will lead a dynamic team, implement best practices for financial operations, and drive process improvements. Join a forward-thinking company that values collaboration and efficiency, and make a significant impact on their financial success.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• Experience with financial software is a plus.

Responsibilities

• Oversee daily operations of Accounts Payable and Receivable teams.
• Manage vendor relationships and resolve payment disputes.
• Lead AP/AR teams, setting expectations and monitoring productivity.

Skills

Accounts Payable Management

Accounts Receivable Management

Financial Reporting

Vendor Relationship Management

Team Leadership

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Tools

Financial Software

Job description

Job Description

Job Title: AP/AR Manager

Position Summary:

The AP/AR Manager oversees daily operations of the Accounts Payable and Accounts Receivable teams, ensuring accurate and efficient processing of invoices, payments, and collections. Responsibilities include maintaining financial transaction accuracy, vendor and customer relationships, and implementing best practices to improve financial operations.

Key Responsibilities:

1. AP Management:
   • Oversee invoice receipt, verification, approval, and payments.
   • Ensure timely invoice processing and payments per company policies.
   • Manage AP team, providing guidance and evaluations.
   • Maintain vendor relationships and resolve payment disputes.
   • Reconcile AP reports and general ledger.
   • Prepare and execute payment runs (checks, ACH, wire, credit cards).
   • Support month-end and year-end closing activities.
2. AR Management:
   • Oversee invoicing, collections, and cash applications.
   • Ensure prompt and accurate invoicing according to policies and contracts.
   • Monitor AR aging, follow up on overdue invoices, and resolve issues.
   • Assess customer creditworthiness and recommend credit limits.
   • Lead AR team to meet collection targets and policies.
   • Coordinate with departments to resolve billing issues.
3. Team Leadership:
   • Lead and supervise AP/AR teams, setting expectations and monitoring productivity.
   • Provide coaching, training, and development.
   • Foster a positive and collaborative work environment.
4. Process Improvement & Reporting:
   • Evaluate and enhance AP/AR processes for efficiency and accuracy.
   • Implement best practices, policies, and procedures.
   • Generate financial reports on AP/AR metrics and KPIs.
   • Support internal controls and compliance.
5. Collaboration & Support:
   • Work with Sales, Purchasing, and Finance departments.
   • Participate in cross-functional meetings.
   • Assist in audits and support auditors.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field (or equivalent experience).
• Experience with financial software is a plus.