Manager – Accounts Payable (AP) & Accounts Receivable (AR)

Manager AP & AR

You will lead a team and collaborate with finance, procurement, and sales departments to drive efficiency and process improvements.

Key Responsibilities:

Accounts Payable (AP) Management:

• Oversee and manage the end-to-end AP process, ensuring timely and accurate processing of vendor invoices.
• Maintain strong vendor relationships to facilitate smooth payment operations.
• Manage payment schedules to optimize cash flow while meeting financial obligations.
• Track outstanding AP balances, ensuring compliance with financial controls.
• Review and approve AP reconciliations and reports for accuracy.
• Lead, train, and manage the AP team, ensuring high performance and adherence to best practices.

Accounts Receivable (AR) Management:

• Supervise the AR process, ensuring timely and accurate customer invoicing.
• Monitor outstanding AR balances and implement effective collection strategies.
• Work closely with the sales team to resolve billing and payment discrepancies.
• Ensure accurate recording of payments, cash receipts, bank deposits, and credit memos.
• Generate AR aging reports and track collections performance to meet targets.
• Provide leadership and development opportunities to the AR team.

Financial Reporting & Compliance:

• Ensure seamless month-end and year-end closing for both AP and AR functions.
• Prepare reports on AP and AR performance, including aging analysis, cash flow projections, and key financial metrics.
• Maintain compliance with internal financial controls, company policies, and regulatory requirements.
• Assist with financial audits, ensuring accurate documentation for AP and AR accounts.

Process Improvement & Automation:

• Identify and implement process improvements in AP and AR workflows to enhance efficiency and reduce errors.
• Leverage technology and automation tools to streamline financial operations.
• Work closely with IT and other departments to enhance financial systems supporting AP and AR functions.

Required Skills & Qualifications:

• Education:

  CA / ACCA or relevant certification (Inter CA / ACCA with experience also considered).

• Experience:

  5+ years in accounts payable, accounts receivable, or financial management, with at least 2-3 years in a supervisory role.

• Technical Expertise:

  Strong understanding of accounting principles, AP/AR processes, and financial reporting.

• Software Proficiency:

  Experience with ERP systems (e.g., Yardi, SAP, Oracle, Microsoft Dynamics) and Microsoft Excel.

• Leadership & Communication:

  Strong organizational, leadership, and interpersonal skills with the ability to manage teams effectively.

• Problem-Solving:

  Ability to handle multiple priorities, meet deadlines, and ensure accuracy in financial operations.

Preferred Skills:

• Experience in process automation and financial system optimization.
• Strong understanding of cash flow management and financial analysis.

Drive financial excellence with QX Global Group! Apply now and take on a leadership role in managing payables and receivables with a dynamic and growth-oriented team.