Accounts Payable/Receivable Manager manages the accounts payable and accounts receivable functions of an organization to ensure compliance with internal controls and accounting policies. Reviews and evaluates the accounts payable and receivable registers to validate charges and ensure timely and accurate payments and receipt of payments. Being an Accounts Payable/Receivable Manager monitors account aging reports, identifies delinquent accounts, and refers accounts to collection agencies. Verifies customer credit limits and applicable payment terms. Additionally, Accounts Payable/Receivable Manager designs and implements standard policies and procedures to ensure accurate and compliant financial records. Audits methods and procedures of the accounts payable and receivable functions to improve efficiency. Requires a bachelor's degree. Typically reports to a director. The Accounts Payable/Receivable Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Accounts Payable/Receivable Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Job Title | Accounts Payable Manager/UKHC |
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Requisition Number | RE40473 |
Working Title | Accounts Payable Manager/UKHC |
Department Name | H4017: UKHC Controller |
Work Location | Lexington, KY |
Grade Level | 13 |
Salary Range | $71,323-131,685/year |
Type of Position | Staff |
Position Time Status | Full-Time |
Required Education | BA |
Click here for more information about equivalencies: | http://www.uky.edu/hr/employment/working-uk/equivalencies |
Required Related Experience | 5 yrs |
Required License/Registration/Certification | None |
Physical Requirements | Sitting at a computer for extended periods of time. |
Shift | Monday through Friday; 8:00am 5:00pm |
Job Summary | The Accounts Payable Manager will be responsible for the overall direction and management of the Accounts Payable (AP) activities of the organization in accordance with established policies and procedures. This position will be responsible for ensuring the accurate and timely processing of Accounts Payable transactions and other AP activities. This position will provide leadership and direction to the Accounts Payable staff and will manage key relationships including vendors and Supply Chain. This position has been identified as supporting UK HealthCare, which receives funding from the Centers for Medicare and Medicaid Services (CMS). Therefore, all individuals hired into this position must comply with the federal CMS mandate issued in March of 2022. This mandate requires all new hires to provide proof of COVID-19 vaccination or obtain an approved medical or religious exemption as a condition of employment. Start of employment cannot occur until two weeks after receiving the full COVID-19 vaccination series or upon obtaining an approved exemption. Only vaccines approved by the World Health Organization can be accepted. |
Skills / Knowledge / Abilities | Solid understanding of accounts payable processes. Strong verbal and written communication skills. Strong problem solving, project management, teamwork, and organizational skills. Excellent influencing, persuasion, and conflict resolution skills. Must possess high ethical standards with ability to build teams and relationships with results orientation and commitment to staff development. |
Does this position have supervisory responsibilities? | Yes |
Preferred Education/Experience | Five (5) years of progressively responsible work experience in budgeting and financial analysis is required. |
Deadline to Apply | 06/13/2023 |
University Community of Inclusion | The University of Kentucky is committed to a diverse and inclusive workforce by ensuring all our students, faculty, and staff work in an environment of openness and acceptance. We strive to foster a community where people of all backgrounds, identities, and perspectives can feel secure and welcome. We also value the well-being of each of our employees and are dedicated to creating a healthy place to work, learn and live. In the interest of maintaining a safe and healthy environment for our students, employees, patients and visitors the University of Kentucky is a Tobacco & Drug Free campus. As an Equal Opportunity Employer, we strongly encourage veterans, individuals with disabilities, women, and all minorities to consider our employment opportunities. Any candidate offered a position may be required to pass pre-employment screenings as mandated by University of Kentucky Human Resources. These screenings may include a national background check and/or drug screen. |
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