Cosette Pharmaceuticals, Inc.

Accounts Payable Manager

Cosette Pharmaceuticals, Inc.

full-time

Posted on:

Location Type: Hybrid

Location: Bridgewater • New Jersey • United States

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Salary

💰 $105,000 - $130,000 per year

Job Level

SeniorLead

About the role

  • 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

Requirements

  • Bachelor’s degree in Finance, Accounting, or a related field required.
  • 7+ years of progressive experience in relevant area
  • SAP S/4 Hana experience a must
  • Invoice automation tools experience required
Benefits
  • 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
  • holidays
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
invoice processing3-way matchingcash flow forecastingKPI trackingfinancial performance improvementvendor payment termsDays Payable Outstandingvariance analysisvendor master data governanceregulatory compliance
Soft Skills
leadershipcollaborationperformance managementcontinuous improvementrisk identificationproblem-solvingcommunicationoversightinitiative drivingprocess improvement