Accounts Payable Manager

Cosette Pharmaceuticals•Bridgewater, NJ

1d•Hybrid

About The Position

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. The company is 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.

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
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

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