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New Beginnings Residential Treatment Center
Accounts Receivable and Payable Manager
Career Insights for Accounts Payable / Receivable Manager
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Based on Ohio 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.
$103,312 / year median in Ohio
+2% projected growth
Job Description
Overview We are seeking a dynamic and detail-oriented Accounts Receivable and Payable Manager to lead our financial operations related to incoming and outgoing payments. This pivotal role involves overseeing the entire accounts receivable and payable functions, ensuring accurate processing, compliance with regulatory standards, and timely financial reporting. The ideal candidate will possess strong leadership skills, extensive accounting knowledge, and a passion for maintaining efficient financial workflows within a fast-paced environment. Join us to drive financial integrity, streamline processes, and support our organization's mission through expert financial management. Duties Manage and oversee all aspects of accounts receivable and accounts payable processes, including invoice processing, payment scheduling, and collections. Ensure compliance with accounting standards such as GAAP (Generally Accepted Accounting Principles), IFRS (International Financial Reporting Standards), SOX (Sarbanes-Oxley Act), and other regulatory requirements. Lead the month-end close process related to receivables and payables, including balance sheet reconciliations and journal entries. Develop and implement policies for effective cash management, treasury operations, and regulatory reporting. Supervise accounting teams responsible for transaction recording, account reconciliation, and financial analysis to ensure accuracy and timeliness. Utilize financial software such as QuickBooks, Sage, Xero, Bill.com or similar platforms to manage data entry, reporting, and analysis efficiently. Conduct cost accounting analysis, manage budgeting activities, and support forecasting efforts to optimize financial performance. Perform detailed account analysis to identify discrepancies or irregularities in receivables or payables. Ensure compliance with governmental standards when applicable. Prepare comprehensive financial reports related to receivables, payables, cash flow forecasts, and other key metrics for internal stakeholders and regulatory agencies. Requirements Bachelor's degree in Accounting, Finance or a related field; CPA or equivalent certification preferred. Extensive experience managing accounting teams within corporate or governmental environments with a focus on accounts receivable/payable functions. Strong knowledge of