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BS
Burlington Stores
Manager, Accounts Payable
Career Insights for Accounts Payable / Receivable Manager
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Based on New Jersey data
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What they do
An Accounts Payable or Receivable Manager manages accounting staff with specific responsibility for maintaining records of accounts payable (company expenses or bills to be paid) and accounts receivable (outstanding invoices or amounts owed to a company). Uses specialized accounting software to create account databases and financial reports.
$114,380 / year median in New Jersey
+2% projected growth
Job Description
Position Overview The Merchandise Accounts Payable Manager will support the Accounts Payable Sr. Manager in the overall daily operations of the Accounts Payable Department for all aspects of Merchandise Accounts Payables, including staff training and development. Serve as the liaison for Company Personnel and Vendor Community in resolution of Accounts Payable issues. Completes the month end close, including journal entries, reconciliations, and audits of related accounts. Oversee testing and implementation of modifications to accounts payable systems; provide coordination with internal and external auditors for periodic reviews and SOX compliance; support all corporate, store and vendor process improvements and initiatives. The role will be responsible for the development, preparation and review of all monthly reporting deliverables, including the Monthly Operating Reports, Key Performance indicators and other reporting as defined. The role will oversee the preparation of client assistance deliverables for quarterly and annual financial statement audits, as well as other special projects as determined. A Day in the Life Oversee all Merchandise Accounts Payable functions and manage departmental personnel, in all aspects of accounts payable including preparation and filing of required reports and payments to all vendors and organizations; as well as assigning and prioritizing tasks as defined in conjunction with the Department's Senior Management team. Prior to payment processes ensure all transactions and exceptions have been reviewed and verified. Analyzes data to determine trends and forecasts to assist in Company strategic planning and communicates such information to senior management. Develop and direct process improvement initiatives and monitoring controls within functional area. Escalate and resolve issues proactively. Develops, prepares and reviews all monthly reporting deliverables for management use. Manage all AP related monthly closing of financial records and postings and ensure monthly reconciliations have been completed in accordance with the month end close schedule. Develops, implements and maintains systems, procedures and policies around AP functions to ensure adherence to company guidelines and SOX Controls. Develop and maintain partner relationships with Vendor community, Business Units, Supply Chain (DC's), Buyers and Corporate stakeholders. Development of staff for functional areas.