Accounts Payable and Receivable Manager
6 days ago
Veritas Recruitment is seeking an experienced Accounts Payable and Receivable Manager to join our client, a leading Australian distribution organisation. This is a fantastic opportunity to work with a dynamic team and contribute to the company's continued success.
Key Responsibilities- Accounts Payable Management:
- Implement and oversee a streamlined process for timely and accurate supplier payments.
- Manage and reconcile the accounts payable ledger, establish controls to prevent discrepancies, maintain strong supplier relationships to negotiate favourable terms and resolve issues.
- Accounts Receivable Management:
- Develop and implement a proactive follow-up process to ensure prompt customer payments, analyse payment trends to mitigate risks, collaborate with teams to resolve payment delays and reduce the DSO.
- Cash Cycle Optimisation:
- Partner with finance to manage cash flow forecasting and liquidity, seek ways to improve the cash cycle, report on key financial metrics and provide insight and recommendations for improvement.
- Process Improvement:
- Regularly refine accounts payable and receivable processes to boost efficiency and ensure compliance with financial controls and policies.
- Proven experience as an Accounts Payable & Accounts Receivable Manager.
- Experience in managing exchange rates and Forward Exchange Contracts.
- Advanced Excel and experience using a large ERP system.
- A background of working in industries that have high transactions, are fast-paced and complex is imperative.
- Excellent analytic, strategic planning, and problem-solving skills are required and a history of leading and developing teams is crucial.
- The ability to professionally liaise with internal and external stakeholders.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
- Bachelor's degree will be an advantage.
- Professional development and career advancement opportunities.
- An environment that is committed to fostering a diverse and inclusive work environment.
- An opportunity to implement and streamline efficient processes.
- Hybrid work arrangements.
- A competitive salary package, including $120,000 - $130,000 + super.
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