Accounts Payable & Accounts Receivable Supervisor - Fortive Corporation
Plainville, CT
About the Job
The Accounts Payable and Accounts Receivable Supervisor plays a crucial role in supporting the Controller in various financial and accounting functions within the organization. This position involves a combination of routine responsibilities and the ability to handle unscheduled tasks efficiently. The AP/AR Supervisor will be responsible for supervising all aspects of the accounts payable and accounts receivable processes, ensuring accuracy, efficiency, and timely completion of tasks. The ideal candidate should possess strong analytical skills, people management skills, attention to detail, and the ability to collaborate effectively with cross-functional teams.
Responsibilities:
+ Accounts Payable Management:
+ Ensure timely and accurate processing of invoices, expense reports, and payment transactions.
+ Review and approve invoices for payment.
+ Maintain vendor relationships, including resolving inquiries and discrepancies in a professional and timely manner.
+ Develop and implement process improvements to streamline the accounts payable process, enhance efficiency, and improve days payable outstanding.
+ Accounts Receivable Management
+ Supervise invoicing, billing, and collections.
+ Monitor customer accounts to ensure timely and accurate invoicing and payment application.
+ Collaborate with sales and customer service teams to resolve billing discrepancies and address customer inquiries.
+ Analyze aging reports and implement strategies to reduce outstanding receivables and improve days sales outstanding.
+ Financial Reporting and Analysis
+ Prepare regular reports and analysis, including aging reports, cash flow projections, and vendor/customer performance metrics.
+ Assist with month-end and year-end close processes, including reconciliations and journal entries.
+ Provide insights and recommendations to management based on financial analysis.
+ Compliance and Internal Controls
+ Ensure compliance with company policies, accounting principles, and regulatory requirements.
+ Develop and maintain internal controls to safeguard company assets and mitigate risks associated with the AP AR functions.
+ Assist with audits, SOX, and internal/external inquiries, providing documentation and support as needed.
Qualifications:
+ Minimum of five years in advancing responsibility accounting roles, preferably within a manufacturing environment
+ Minimum of a bachelor’s degree in finance or accounting
+ Strong understanding of GAAP
+ Excellent interpersonal skills - collaborative with internal/external customers, team members and cross-functional collaborators
+ Experience managing small teams
+ Effective communications skills – including written, verbal and listening skills
+ Organized, with a strong process and detail focus to deliver high quality and timely results
+ High energy, bias for action with continuous improvement approach; recognizes and resolves issues
+ Team-player with the ability and willingness to take on challenges
+ Excellent digital literacy, particularly MS Excel
+ ERP system experience (JDE ideal)
#LI-CS23
Fortive Corporation Overview
Fortive’s essential technology makes the world stronger, safer, and smarter. We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions.
We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in software-powered workflow solutions, data-driven intelligence, AI-powered automation, and other disruptive technologies. We’re a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to groundbreaking sustainability solutions.
We are a diverse team 18,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth. We use the proven Fortive Business System (FBS) to accelerate our positive impact.
At Fortive, we believe in you. We believe in your potential—your ability to learn, grow, and make a difference.
At Fortive, we believe in us. We believe in the power of people working together to solve problems no one could solve alone.
Fortive: For you, for us, for growth.
This position is also eligible for bonus as part of the total compensation package.
Responsibilities:
+ Accounts Payable Management:
+ Ensure timely and accurate processing of invoices, expense reports, and payment transactions.
+ Review and approve invoices for payment.
+ Maintain vendor relationships, including resolving inquiries and discrepancies in a professional and timely manner.
+ Develop and implement process improvements to streamline the accounts payable process, enhance efficiency, and improve days payable outstanding.
+ Accounts Receivable Management
+ Supervise invoicing, billing, and collections.
+ Monitor customer accounts to ensure timely and accurate invoicing and payment application.
+ Collaborate with sales and customer service teams to resolve billing discrepancies and address customer inquiries.
+ Analyze aging reports and implement strategies to reduce outstanding receivables and improve days sales outstanding.
+ Financial Reporting and Analysis
+ Prepare regular reports and analysis, including aging reports, cash flow projections, and vendor/customer performance metrics.
+ Assist with month-end and year-end close processes, including reconciliations and journal entries.
+ Provide insights and recommendations to management based on financial analysis.
+ Compliance and Internal Controls
+ Ensure compliance with company policies, accounting principles, and regulatory requirements.
+ Develop and maintain internal controls to safeguard company assets and mitigate risks associated with the AP AR functions.
+ Assist with audits, SOX, and internal/external inquiries, providing documentation and support as needed.
Qualifications:
+ Minimum of five years in advancing responsibility accounting roles, preferably within a manufacturing environment
+ Minimum of a bachelor’s degree in finance or accounting
+ Strong understanding of GAAP
+ Excellent interpersonal skills - collaborative with internal/external customers, team members and cross-functional collaborators
+ Experience managing small teams
+ Effective communications skills – including written, verbal and listening skills
+ Organized, with a strong process and detail focus to deliver high quality and timely results
+ High energy, bias for action with continuous improvement approach; recognizes and resolves issues
+ Team-player with the ability and willingness to take on challenges
+ Excellent digital literacy, particularly MS Excel
+ ERP system experience (JDE ideal)
#LI-CS23
Fortive Corporation Overview
Fortive’s essential technology makes the world stronger, safer, and smarter. We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions.
We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in software-powered workflow solutions, data-driven intelligence, AI-powered automation, and other disruptive technologies. We’re a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to groundbreaking sustainability solutions.
We are a diverse team 18,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth. We use the proven Fortive Business System (FBS) to accelerate our positive impact.
At Fortive, we believe in you. We believe in your potential—your ability to learn, grow, and make a difference.
At Fortive, we believe in us. We believe in the power of people working together to solve problems no one could solve alone.
Fortive: For you, for us, for growth.
This position is also eligible for bonus as part of the total compensation package.
Source : Fortive Corporation