AR/AP Manager

AR/AP Manager Job Description

An AR/AP Manager in Canada is a critical leader responsible for overseeing both accounts receivable and accounts payable functions, playing a pivotal role in maintaining efficient cash flow, financial accuracy, and strong stakeholder relationships. This position requires a deep understanding of accounting principles, financial statement analysis, and risk management across both revenue and expenditure cycles. Top candidates will possess a solid track record in customer service, collections, dispute resolution, and vendor relations, demonstrating an ability to work well under pressure and lead a team. A bachelor’s degree in accounting or finance is expected, and a professional certification such as the Canadian Chartered Professional Accountant (CPA) can be a significant asset.

Typical AR/AP manager duties:

Oversee all daily operations of both the Accounts Receivable and Accounts Payable departments.

Develop, implement, and maintain efficient AR/AP policies, procedures, and internal controls.

Manage customer invoicing, payment application, and collection efforts to optimize cash inflow.

Manage vendor invoice processing, payment disburSEMents, and vendor statement reconciliation to ensure timely payments.

Lead and mentor the AR/AP team, fostering a culture of accuracy, efficiency, and continuous improvement.

Monitor accounts receivable aging and accounts payable aging, providing regular reports and analysis to management.

Resolve complex customer payment issues, vendor disputes, and reconciliation discrepancies.

Ensure compliance with company policies, Canadian accounting standards, and relevant tax regulations (e.g., GST/HST).

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Salary for AR/AP Manager

65000 - 97500

Low

65000

The candidate is new to the role or has limited experience and is building necessary skills.

Mid

86500

The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.

High

97500

The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.

Projected salaries for related positions

Job title

Low

Mid

High

Payroll Manager

86250

108500

120000

Payroll Administrator

58500

69500

77500

Credit Manager

83000

98250

116500

Assistant Credit Manager

62250

78750

91500

Collections/Credit Analyst

54750

64500

74750

Collections/Credit Clerk

51500

59250

66000

Bookkeeper

56500

71250

79000

AR/AP Clerk

47750

56750

63500

Accounting Clerk

47000

52750

58250

Billing Clerk

45000

50750

59000

Inventory Analyst

50750

64000

74750

Inventory Coordinator

43000

50250

60750

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels.

Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.