Accounts Payable/Accounts Receivable Supervisor
Our client, a growing midsize manufacturing company located in the Northbrook area, is seeking an experienced Accounts Payable/Accounts Receivable Supervisor to join their team.
This is an outstanding opportunity within a high-growthcompany that offers amazing benefits, including medical, dental, vision, a 401K plan with a 50% match on the first 4%, flexible spending accounts, a Health Savings Account, and a competitive and generous paid time off (PTO) policy.
With a focus on work/life balance and a strong employee-focused culture, this role provides a flexible schedule and an exceptional working environment.
Responsibilities:
- Oversee and manage all activities in the accounts payable/receivable function, ensuring adherence to company policies and procedures.
- Ensure timely payments of vendor and customer invoices, expense vouchers, and maintain accurate records and control reports.
- Provide direction and guidance to all AP/AR subordinates, including training, performance management, and continual process improvement.
- Manage collection activities, including follow-up inquiries, negotiating with past due accounts, and referring accounts to collection agencies when necessary.
- Plan and develop work schedules, assign duties, and review work for accuracy, neatness, and conformance to policies.
- Oversee month-end close activities related to Accounts Receivable and Accounts Payable.
- Collaborate with subordinates to resolve procedural problems and trace sources of errors.
- Manage cash application to ensure all cash receipts are properly applied.
- Oversee the process of customer credit checks and establish/manage credit limits.
- Make recommendations to improve the quality and efficiency of AR and AP procedures.
- Prepare reports as needed for management and other stakeholders.
Qualifications:
- High School diploma required; an Associate's Degree or above is preferred.
- Minimum of 5 years of experience in Accounts Receivable and Accounts Payable, with at least 2 years in a lead or supervisory role.
- Strong knowledge of Accounts Receivable processes and best practices.
- Familiarity with Accounts Payable processes is a plus, but not required (can be learned on the job).
- Proficiency in MS Excel is required; prior experience with an ERP platform is advantageous.
- Experience with bank reconciliations and bank account management.
- Ability to analyze financial data and identify proper classification of accounts payables (e.g., capital vs. expense).
- Excellent organizational and time management skills.
- Strong attention to detail and accuracy.
- Effective communication and leadership abilities.
- Prior experience with distribution or manufacturing companies is preferred.
- Understanding of ACH payments, daily bank activity, treasury management, and cash transactions.
- Experience with maintaining banking activity across multiple bank accounts.
Benefits:
- Medical, dental, and vision insurance.
- 401K with a 50% match on the first 4%.
- Flexible spending accounts (FSA) and Health Savings Account (HSA).
- Competitive and generous paid time off (PTO) policy.
- Flexible schedule and work/life balance.
- Opportunity to work in a high-growth company with a strong employee-focused culture.