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Accounts Payable/Accounts Receivable Manager

2 months ago

Australia Veritas Recruitment Group Full time

About the Company

Veritas Recruitment Group is a leading Australian recruitment agency known for its extensive network and dynamic growth. Located in a major city, this organisation is recognised for its diverse product offerings and robust supplier networks. Having achieved significant growth over the past decade, the company is ambitiously planning further expansions to consolidate its market leadership.

The Position

We are seeking an experienced Financial Process Improvement Specialist to enhance our financial processes. You will play a key role in refining cash flow strategies, increasing departmental efficiencies and contributing to the company's continued success.

Key Responsibilities

The position requires you to have experience in managing exchange rates and Forward Exchange Contracts, a proven background as an Accounts Payable or Receivable Manager in a manufacturing or FMCG industry, and a strong understanding of financial processes, controls, and cash flow management. The four key focus areas will include:

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.

Requirements

  • 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.

What We Offer

  • Professional development and career advancement on offer.
  • An environment that is committed to fostering a diverse and inclusive work environment.
  • An opportunity to implement and streamline efficient processes.
  • A competitive salary package.