OverviewThe Manager, Accounts Receivable & Accounts Payable leads the AR and AP teams and is accountable for the accuracy, timeliness, and effectiveness of the company's end-to-end cash management processes, from invoice processing and collections through month-end close. This role ensures strong internal controls, reliable financial reporting, and a well-developed, high-performing team.
Responsibilities- Oversees day-to-day accounts payable, accounts receivable, and project accounting functions, ensuring transactions are processed accurately and on time.
- Supports month-end close by preparing and reviewing AR/AP reconciliations, accruals, and journal entries to ensure accurate financial statements.
- Addresses performance issues promptly and makes recommendations on personnel actions, including hiring, discipline, and termination, in partnership with Human Resources.
- Motivates, develops, and rewards team members, including recommending salary increases, bonuses (as applicable), and promotions within allocated budgets and company guidelines.
- Manages vendor payment runs and relationships, ensuring compliance with approval policies and payment terms.
- Oversees billing, collections, and cash application; monitors receivables aging and leads efforts to reduce past-due balances.
- Maintains and strengthens internal controls over AR and AP processes and supports internal and external audits.
- Oversees annual 1099 reporting and ensures compliance with applicable tax and regulatory requirements.
- Identifies and implements process and system improvements to increase efficiency and accuracy.
Prepares AR/AP and cash flow reporting for senior management.
Qualifications- Bachelor's degree in accounting, finance, business administration, or a related field preferred; an equivalent combination of education and experience will be considered
- 5-7 years of progressive accounting experience, with a focus on accounts payable and/or accounts receivable
- 3-5 years of leadership or supervisory experience
- Working knowledge of generally accepted accounting principles (GAAP) and accounting software
- Experience with NetSuite or Microsoft Dynamics GP (Great Plains 2010), and/or AS400 systems, as well as 1099 filing, preferred
- Strong computer and business software skills, including Microsoft Excel
- Strong interpersonal skills, with the ability to build effective relationships with accountants, clients, and senior management
- Excellent written and verbal communication skills for working with team members and management at all levels
- Strong analytical and problem-solving skills
- Effective presentation skills, with the ability to explain accounting principles to internal and external clients
- Strong planning and organizational skills, with the ability to manage competing priorities and meet deadlines
