AP/AR Manager

Overview: The 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. Motivates, develops, and rewards team members, including recommending salary increases, bonuses (as applicable), and promotions within allocated budgets and company guidelines.

Overview:

The 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