The
AR/AP Manager is responsible for overseeing the end-to-end Accounts Receivable and Accounts Payable functions, ensuring efficient cash flow management, strong internal controls, and accurate financial operations. This role leads teams across AR and AP, driving process improvements, optimizing working capital, and supporting the company's financial objectives.
RESPONSIBLITIESAccounts Receivable (AR) Oversight- Lead credit, collections, and cash application team to ensure timely invoice processing and cash collection.
- Monitor AR aging, Days Sales Outstanding (DSO), and bad debt exposure.
- Drive credit risk management, including setting credit limits and reviewing customer financials.
- Ensure timely resolution of disputes and deductions.
- Partner with Sales to balance revenue growth with risk management
- Provide forecasts for cash inflows
Accounts Payable (AP) Oversight- Oversee invoice processing, approvals, and payment execution (ACH, wire, check).
- Ensure timely and accurate vendor payments while optimizing payment terms and working capital.
- Manage vendor relationships and resolve discrepancies.
- Monitor AP aging and ensure capture of early payment discounts.
- Provide forecasts for cash outflows.
Leadership & Team Management- Lead, develop, and mentor AR and AP teams, fostering a high-performance culture.
- Set performance goals, KPIs, and conduct regular reviews.
- Drive accountability, collaboration, and continuous improvement across teams
Controls, Compliance & Reporting- Ensure compliance with company policies, SOX/internal controls, and audit requirements.
- Oversee account reconciliations, month-end close activities, and reporting.
- Provide regular reporting on AR/AP metrics, including DSO, DPO, aging, and cash flow.
Process Improvement- Identify opportunities to improve credit evaluation processes and collection efficiency.
- Assist in implementing tools or system enhancements related to AR, AP and credit management.
- Establishes, implements, manages, and monitors critical accounting and reporting processes and associated metrics. Protects assets by establishing, monitoring, and enforcing internal controls.
QUALIFICATIONS- Bachelor's degree in finance, Accounting, Business, or related field.
- 7-10+ years of experience in AR, AP or accounting operations, or related finance roles.
- Experience in a manufacturing setting required.
- Strong understanding of Order to cash, procure to pay processes, financial statements and credit risk assessment, and internal controls.
- Experience with ERP systems, preferably SAP.
- Proficient in Microsoft Excel and financial reporting.
- Proven experience in process improvement and team leadership.
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This description has been designed to indicate the general nature and level of work being performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
