Cosette Pharmaceuticals, Inc.

Accounts Payable Manager

Cosette Pharmaceuticals, Inc.  •  $105k - $130k/yr  •  Bridgewater, NJ (Remote)  •  1 month ago
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Job Description

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.™ 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 areaSAP S/4 Hana experience a mustInvoice automation tools experience requiredSkills 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 RangeThe 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. BenefitsHired 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 RequirementsThis role will follow a hybrid work schedule, requiring three (3) onsite days per week at our Bridgewater, NJ office.
Cosette Pharmaceuticals, Inc.

About Cosette Pharmaceuticals, Inc.

Cosette Pharmaceuticals, Inc. is a U.S.-based, fully integrated pharmaceutical company with a fast-growing portfolio of products in women’s health and dermatology. Cosette has a long history in quality manufacturing of complex dosage forms including topical creams, ointments, oral liquids/solutions and suppositories. Cosette has corporate and manufacturing facilities in New Jersey and North Carolina and is supported by 350+ dedicated team members across all functional areas. Cosette is backed by Avista Healthcare Partners, a healthcare focused private equity firm, and funds managed by Hamilton Lane, a private markets investment management firm (Nasdaq: HLNE).

For complaints. adverse event and medical inquiries, Contact:

Email: drugsafety@cosettepharma.com

Phone: 1 800-922-1038

For CDMO Inquiries, Contact:

Email: cdmo@cosettepharma.com

Industry
Chemicals & Materials
Company Size
201-500 employees
Headquarters
Bridgewater, New Jersey
Year Founded
2018
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