Accounts Payable/Receivable Manager Salary in the United States

Accounts Payable/Receivable Manager manages all activities in the accounts payable/receivable function. Ensures timely payments of vendor invoices and expense vouchers and maintains accurate records and control reports. Being an Accounts Payable/Receivable Manager manages collection activities such as sending follow-up inquiries, negotiating with past due accounts, and referring accounts to collection agencies. Recommends improvements to accounts payable/receivable processes. Additionally, Accounts Payable/Receivable Manager requires a bachelor's degree of accounting or finance. Typically reports to a head of unit/department. The Accounts Payable/Receivable Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be an Accounts Payable/Receivable Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2019 Salary.com)