Accounts Payable/Receivable Senior Manager Salary in Somerset, New Jersey

Accounts Payable/Receivable Senior Manager manages the accounts payable and accounts receivable functions of an organization to ensure compliance with internal controls and accounting policies. Reviews and evaluates the accounts payable and receivable registers to validate charges and ensure timely and accurate payments and receipt of payments. Being an Accounts Payable/Receivable Senior Manager monitors account aging reports, identifies delinquent accounts, and refers accounts to collection agencies. Verifies customer credit limits and applicable payment terms. Additionally, Accounts Payable/Receivable Senior Manager designs and implements standard policies and procedures to ensure accurate and compliant financial records. Audits methods and procedures of the accounts payable and receivable functions to improve efficiency. Requires a bachelor's degree. Typically reports to a director. The Accounts Payable/Receivable Senior Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be an Accounts Payable/Receivable Senior Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)... View full job description

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