AP/AR Shared Services Manager

Key Responsibilities

• Lead and mentor the accounts receivable and accounts payable teams, fostering growth and promoting a culture of continuous improvement.
• Supervise daily operations to ensure timely and accurate processing of transactions.
• Develop and monitor performance metrics to enhance efficiency, accuracy, and compliance within AR and AP functions.
• Manage accounts receivable processes, including billing, collections, cash applications, and credit management.
• Strategize to improve AR aging and reduce days sales outstanding while maintaining strong customer relationships.
• Oversee accounts payable operations, including invoice processing, vendor management, and payment scheduling.
• Resolve vendor and customer disputes or discrepancies promptly and effectively.
• Identify and implement process improvements, driving automation and leveraging technology to streamline workflows.
• Prepare detailed financial reports and analyses for AR and AP metrics, supporting month-end and year-end close processes.
• Ensure robust internal controls to safeguard assets and maintain compliance with accounting standards and regulations.

Qualification & Requirements

• Proven experience in accounts receivable and accounts payable management, including leadership roles.
• Strong knowledge of AR processes such as billing, collections, and cash applications.
• Expertise in AP functions, including invoice processing and vendor management.
• Familiarity with financial reporting and analysis, particularly related to AR/AP metrics.
• Proficiency in ERP systems such as SAP
• Ability to implement process improvements and drive automation initiatives.
• Excellent communication and stakeholder management skills.
• Strong analytical abilities and attention to detail, ensuring accuracy and compliance.

Benefits

This is a permanent placement opportunity offering hybrid work schedule, 4+ weeks of PTO, annual bonus eligibility and generous 401k match.