Accounts Receivable/Accounts Payable Manager

Accounts Receivable/Accounts Payable Manager Job Description

Accounts Receivable Manager

Accounts receivable managers in Canada should have a deep understanding of accounting principles, financial statement analysis, and risk management. Accounts Receivable Managers should also have experience with accounts receivable software systems and be able to develop and implement processes to ensure accuracy and timeliness of payments. Top candidates will have a solid track record in customer service, collections, and dispute resolution, and work well under pressure. A bachelor’s degree in accounting or finance is expected, and a professional certification such as the CPA can be an asset.

Typical accounts receivable manager duties:

Overseeing the accounts receivable team and ensuring accuracy of all accounts receivable activities Monitoring and reviewing customer accounts to ensure payment terms are followed and overdue accounts are pursued Investigating and resolving customer queries and disputes Preparing, reviewing, and analyzing aging reports to identify trends and recommend solutions Liaising with external auditors and third-party collection agencies as required Assisting leadership in the preparation of the annual budget and long-term financial objectives

Accounts Payable Manager

An accounts payable manager in Canada should have experience reconciling accounts, managing relationships with vendors, and successfully developing and implementing accounts payable processes. Firms look for professionals with the organizational skills to track accounts payable procedures from invoices to payments. Strong verbal and written communication skills are also required to facilitate communication between vendors and other stakeholders. Top candidates will have a track record of delegating tasks and motivating the employees on their team. A bachelor’s degree in accounting, business administration, or a related field is expected.

Typical accounts payable manager duties:

Overseeing the accounts payable process, including the processing of invoices and payments, accuracy of data entry, and timely payment of vendors Ensuring compliance with accounting policies, procedures, and internal controls Developing and implementing process improvements and automation to streamline accounts payable workflows Managing the accounts payable team, including assigning work tasks and monitoring performance

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Salary for Accounts Receivable/Accounts Payable Manager
64250 - 96250
25th percentile
64250
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
85750
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
96250
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Payroll Manager/Supervisor 85500 103500 114250 Payroll Administrator/Coordinator 60000 70000 79750 Accounts Receivable/Accounts Payable Clerk 46000 55000 61250 Billing Clerk 47500 52250 59250 Purchasing Manager – Accounting Operations 65250 76500 91500 Inventory Analyst 48500 61750 73000 Inventory Coordinator/Specialist 40500 45750 58500

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