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

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

ConfidentialAhmedabad
30+ days ago
Job description

As a Manager – AP & AR , you will oversee the financial operations related to the company's payables and receivables, ensuring accurate and timely processing of invoices, payments, collections, and reporting. This role requires strong financial acumen, leadership skills, and the ability to optimize cash flow while maintaining compliance with company policies.

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.

    Education

    Chartered Accountancy (C.A)

    Skills Required

    Financial Managment, Erp, Accounts Receivable, Accounts Payable

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    Account Manager • Ahmedabad

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