Accounts Payable Manager

Position Summary We are seeking a highly driven and experienced Accounts Payable Manager to lead and transform the function into a best‑in‑class, efficient, and controlled operation. This role goes beyond transactional oversight and is responsible for driving working capital optimization, enforcing Procure‑to‑Pay (P2P) discipline, enhancing automation, and delivering actionable financial insights to leadership. The ideal candidate will be a strong leader, process owner, and change agent who can influence cross‑functional teams, improve systems and workflows, and ensure the accounts payable function supports the company’s broader financial and operational goals. Essential Duties & Responsibilities Oversee the timely and accurate processing of invoices and payments, ensuring adherence and enforcement of the established policies, including PO requirements and 3‑way matching (PO, receipt, invoice). Collaborate with business units to ensure timely goods receipts and accurate invoice processing. Review open PO and goods receipt and spend reports to identify and resolve process breakdowns. Develop and enforce standard vendor payment terms (targeting Net 60) and drive compliance. Drive initiatives to transition vendors from check payments to ACH and other electronic methods. Own and drive improvements in Days Payable Outstanding (DPO) and overall working capital performance. Prepare and manage weekly disbursement plans, short‑ and long‑term cash flow forecasting including clear variance analysis versus forecast. Provide leadership and oversight to the offshore AP team, including performance management, KPI tracking, and continuous improvement across the organization. Drive continuous improvement within SAP S/4HANA and related systems to streamline workflows and eliminate inefficiencies. Develop and maintain AP dashboards and KPIs and reporting packages, including invoice cycle time, automation rates, on‑time payments, and exception trends. Proactively identify risks and opportunities to improve financial and operational performance. Oversee vendor master data governance and mitigate risks related to fraud and duplicate payments. Ensure timely and accurate filing of 1099s and other regulatory requirements. Support internal and external audits, ensuring timely and accurate responses. Position Requirements Education: Bachelor’s degree in Finance, Accounting, or a related field required. Experience: 7+ years of progressive experience in relevant area; SAP S/4 HANA experience a must; invoice automation tools experience required. Skills & Abilities: Ability to set and manage priorities judiciously. Excellent communication and interpersonal skills. Strong attention to detail. Ability to motivate a team and foster a collaborative environment. Salary Range The expected base salary for this Bridgewater, NJ based position is $105,000 - $130,000. In addition, you may be eligible for a discretionary bonus if you are an active employee on the payment date. Benefits Hired applicants may be eligible for benefits, including but not limited to medical, dental, vision, life insurance, short‑term disability, long‑term disability, 401(k) match, flexible spending accounts, health saving account, employee assistance program, tuition reimbursement program, parental leave, wellness program, paid time off, volunteer time, and holidays. Physical Requirements This role will follow a hybrid work schedule, requiring three (3) onsite days per week at our Bridgewater, NJ office. #J-18808-Ljbffr Cosette Pharmaceuticals Inc.