AP and AR Manager

Location: Stoke

Hours: Monday to Friday, 9am – 5pm (38.5 Hours per week)

Duration: Permanent

Salary: £48,000 per annum 

The role:

We are working with our client in the search for an experienced Accounts Receivable and Accounts Payable Manager to oversee the AR and AP ledgers. This key role is responsible for ensuring the accurate and timely processing of cash receipts, credit notes, and manual invoices, while managing customer queries efficiently to minimise bad debt risk. The successful candidate will also supervise the purchase ledger function, ensuring smooth processing of supplier orders and invoices, and overseeing all outgoing payments across the two UK entities. This is a pivotal position that combines strong leadership with a hands-on approach to financial operations.

Responsibilities

• Taking full ownership of the Accounts Receivable and Accounts Payable ledgers across the UK operations
• Monitoring and reporting on team performance on a monthly basis
• Preparing cash forecasts and supporting the Group Treasurer
• Overseeing all cash postings, both incoming and outgoing
• Reviewing aged debtors and creditors reports regularly, identifying and addressing issues, and informing senior management
• Reviewing, authorising, and implementing new customer and supplier account forms and credit changes in a timely manner
• Investigating and resolving pricing and payment variances promptly
• Leading the AR and AP teams, ensuring timely processing of queries, credit notes, and manual invoices, and minimising bad debts
• Preparing credit note and bad debt provisions for half-year and year-end statutory reporting, and liaising with external auditors
• Managing the preparation of audit deliverables related to AR and AP
• Ensuring compliance with company and banking policies for payment processing
• Authorising the release of sales orders on hold and resolving related issues
• Monitoring and maintaining AR and AP inboxes
• Overseeing credit monitoring activities
• Collaborating with Sales, IT, and Legal teams during the onboarding of major customers or suppliers to ensure accurate setup and billing information
• Handling ad hoc queries from other departments as required

Key Requirements:

• Strong AR/AP process knowledge
• Experience in credit control and cash flow forecasting
• Team leadership and performance management
• Proficient in financial systems and reporting
• Audit preparation and compliance awareness
• Excellent attention to detail and problem-solving skills
• Effective cross-functional communication

Interested? Call Maria on 01782 712230 or email MariaP@kpir.co.uk 

INDCOM