Manager of AP and AR
Manager of AP and AR This Jobot Job is hosted by: Jerry Sipocz Are you a fit? Easy Apply now by clicking the "Apply Now" button and sending us your resume. Salary: $70,000 - $90,000 per year A bit about us: We are partnering with a well-established, privately held organization with a long operating history and a diversified business model. The company has experienced steady growth and is focused on strengthening its financial operations to support its next phase. They are seeking an AP/AR Manager to oversee accounts payable and receivable functions, manage day-to-day workflows, and help improve processes, controls, and visibility around cash flow. This role will work closely with accounting leadership and cross-functional teams and offers an opportunity to take ownership of critical transactional functions while contributing to a stable, growth-oriented organization. Why join us? Comprehensive health benefits package Vison, Dental, HSA, FSA, STD, LTD, Life insurance, and additional ancillary benefits 401k with 4% match PTO package (four weeks PTO) and holidays Volunteer Time off Cellphone reimbursement Tuition Reimbursement Job Details Job Details: We are seeking a dynamic, experienced, and hands-on Manager of Accounts Payable (AP) and Accounts Receivable (AR) to join our Accounting and Finance team. This role is responsible for managing and overseeing all aspects of our AP and AR functions, ensuring that all financial transactions are accurately recorded and reported in a timely manner. The successful candidate will be a strategic thinker, a strong leader, and a problem solver who can effectively manage a team, drive process improvements, and ensure compliance with all relevant regulations and standards. Responsibilities: Manage, mentor, and develop the AP/AR staff; set priorities, review work, and ensure coverage during peak periods. Oversee all aspects of the AP and AR functions, including billing, invoicing, cash application, and collections processes. Review and approve weekly check runs, ACH, and wire payments. Ensure compliance with 1099 reporting and year-end vendor filings. Monitor AR aging and drive timely collections to minimize past-due balances and bad debt. Improve Days Sales Outstanding (DSO) and cash conversion metrics through process and policy enhancements. Handle vendor inquiries and maintain positive vendor relations. Step in and perform tasks when necessary to ensure the smooth operation of the AP/AR department. Qualifications: Minimum of 5 years of experience in a similar role, preferably within the Accounting Finance industry. Proficiency in Sage and other relevant accounting software. Strong knowledge of accounts payable, accounts receivable, and accruals. Excellent leadership and team management skills, with a proven ability to effectively lead a team. Strong problem-solving skills and ability to drive process improvements. Excellent communication and interpersonal skills, with a customer service orientation. Strong attention to detail, with the ability to manage multiple tasks and deadlines. Knowledge of 1099 reporting and year-end vendor filings. Experience in collections and managing vendor inquiries. Ability to step in and perform tasks when necessary. Knowledge of DSO and cash conversion metrics. Interested in hearing more? Easy Apply now by clicking the "Apply Now" button. Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. 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