Accounts Payable Manager

Bridgewater, NJ (Hybrid)Hybridmid

Finance & AccountingAccounts Payable Manager

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Quick Summary

Overview

Cosette Pharmaceuticals, Inc. is a US-based, fully integrated pharmaceutical company with capabilities in product development, manufacturing, and commercial operations.

Technical Tools

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Cosette Pharmaceuticals, Inc. is a US-based, fully integrated pharmaceutical company with capabilities in product development, manufacturing, and commercial operations. Cosette has a fast-growing portfolio of branded pharmaceuticals consisting of products in the cardiology, women's health, and migraine markets. Cosette has a long history in quality manufacturing of complex dosage forms including topical creams, ointments, oral liquids/solutions and suppositories, which has led to consistent supply to customers and commercialization success. Cosette has corporate and manufacturing facilities in New Jersey and North Carolina and is supported by more than 300 dedicated employees across all functional areas.

Innovating every day.™

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 and 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.