Senior Accounts Payable/Receivable

A Senior Accounts Payable/Receivable is a key leader in managing a company's financial transactions. They oversee the processes of paying bills and collecting money owed to the company. This role ensures that all accounts are accurate and up-to-date, which is crucial for maintaining a smooth financial operation and supporting the company's financial health.

The Senior Accounts Payable/Receivable oversees and approves payments and receipts, ensuring accuracy and timeliness. They guide and support a team of clerks, offering training and mentorship while developing and implementing procedures to enhance process efficiency. 

This role also involves preparing and presenting financial reports to senior management, ensuring compliance with company policies and regulations, and resolving issues related to payments, collections, or account discrepancies.

We’re looking for a Senior Accounts Payable/Receivable! 

In this senior role, you'll ensure our financial transactions are seamless and precise, driving our company's fiscal success with your expertise and strategic insight!

You'll oversee the management of accounts payable and receivable processes, handling all payments and collections efficiently and accurately. Your leadership will be pivotal in maintaining the integrity of our financial operations.

As the linchpin of our financial management team, you'll navigate the complexities of payment processing and collections, implementing best practices and innovative solutions to enhance our financial workflows.

• Manage the end-to-end accounts payable process, including processing invoices, reconciling vendor statements, and handling payment disbursements.
• Handle accounts receivable duties, such as posting customer payments, managing aging reports, and following up on overdue accounts.
• Monitor cash flow and coordinate with the finance team for forecasting and budgeting purposes.
• Continuously seek opportunities for process improvements to streamline operations and enhance financial performance.
• Implement and maintain financial policies and procedures to ensure compliance and efficiency.
• Collaborate with internal teams to resolve any discrepancies or issues related to invoicing or payments.
• Conduct regular reconciliations of accounts to ensure accuracy and completeness.
• Assist in the preparation and analysis of financial reports related to accounts payable and accounts receivable.
• Mentor and train junior team members to ensure a high level of proficiency in accounts payable and accounts receivable functions.
• Maintain strong relationships with vendors and customers to facilitate smooth financial transactions.
• Provide support during audits by preparing necessary documentation and facilitating audit requests.
• Stay updated on industry trends and best practices in accounts payable and accounts receivable processes.
• Uphold confidentiality and integrity in handling financial data and sensitive information.

• Decreased accounts payable processing time by X%.
• Reduced outstanding accounts receivable by X amount within X months.
• Enhanced cash flow management to optimize working capital efficiency.
• Improved accuracy in financial reports by achieving a reconciliation rate above X%.
• Achieved on-time payment targets to suppliers/vendors for better cash flow planning.
• Increased vendor/customer satisfaction scores related to financial interactions.
• Implemented a new system/software for accounts payable/accounts receivable to boost productivity.

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• Bachelor’s degree in Accounting, Finance, or related field.
• Strong understanding of accounting principles and financial regulations.
• Proficiency in accounting software (e.g., SAP, QuickBooks) and Microsoft Excel.
• Excellent analytical and problem-solving skills.
• Detail-oriented with a high level of accuracy in data entry and financial records.
• Knowledge of tax regulations and compliance standards in the finance industry.
• Proven work experience as an Accounts Payable/Receivable Specialist or similar role.
• Ability to prioritize tasks and meet deadlines in a fast-paced environment.
• Effective communication skills to collaborate with internal and external stakeholders.
• Prior experience in process improvement initiatives is preferred.
• Certification such as Certified Accounts Payable Professional (CAPP) or Certified Accounts Receivable Professional (CARP) are a plus.