Accounts Payable/Accounts Receivable Manager

EFG Company; United States; On-site; USD 90,000 - 120,000; Full time

Job summary

EFG Company in the United States seeks a Manager of Accounts Receivable & Accounts Payable to lead the AR and AP teams, ensuring accurate, timely cash management and strong internal controls. The role drives month‑end close accuracy, reconciliations, and effective reporting to senior management.

The ideal candidate will have 5–7 years in accounting with AP/AR focus, 3–5 years of leadership, GAAP knowledge, and experience with NetSuite or Dynamics GP and Excel.

Qualifications

• Bachelor's degree in accounting, finance, business administration, or related field preferred; equivalent education/experience considered.
• 5-7 years progressive accounting experience focused on AP/AR.
• 3-5 years of leadership or supervisory experience.
• GAAP knowledge and accounting software proficiency.

Responsibilities

• Oversees day-to-day accounts payable and accounts receivable functions to ensure accurate processing.
• Supports month-end close with reconciliations, accruals, and journal entries.
• Drives process improvements to increase efficiency and accuracy in AR/AP and cash reporting.
• Manages vendor relationships and 1099 reporting; ensures compliance with policies.

Skills

Leadership

Communication

Analytical skills

Problem solving

Planning and organizing

Education

Bachelor's degree in accounting/finance/business

Tools

NetSuite

Microsoft Dynamics GP

AS400

1099 filing

Microsoft Excel

Job description

The Manager, Accounts Receivable & Accounts Payable leads the AR and Accounts Payable 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.

Job Responsibilities of the Accounts Payable/Receivable Manager:

• 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.

Job Qualifications of the Accounts Payable/Receivable Manager:

• 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

Key Performance Indicators:

• Days Sales Outstanding (DSO) and percentage of receivables more than 60/90 days past due
• Bad-debt write-offs as a percentage of revenue
• Invoice processing accuracy and on-time vendor payment rate
• Timely completion of month-end close tasks and AR/AP reconciliations
• Audit findings and internal control exceptions related to AR/AP
• Accurate and on-time 1099 filings
• Team engagement, retention, and development goals achieved