AR and AP Manager

Accounts Receivable & Accounts Payable ManagerFull-Time | Permanent
Location: In-Office
Role OverviewWe are seeking an experienced Accounts Receivable & Accounts Payable Manager to lead the day-to-day operations of both AR and AP functions within a growing finance team.
This role will oversee collections, cash application, vendor payments, reporting, controls, and team performance while identifying opportunities to improve processes, introduce automation, and enhance the overall efficiency of the finance function.
The successful candidate will be a hands-on people leader with strong technical accounting knowledge, a data-driven approach to performance management, and a proven ability to improve processes and systems.
Key ResponsibilitiesTeam Leadership

• Lead, coach, and develop the AR/AP team.
• Establish performance goals, KPIs, and accountability for daily, weekly, and monthly deliverables.
• Support hiring, onboarding, training, and employee development.
• Foster a collaborative and accountable team environment.

AR, AP & Reporting

• Oversee AR aging, collections, cash application, reconciliations, and customer account management.
• Oversee AP processing, vendor payments, aging, and resolution of payment discrepancies.
• Monitor KPIs including DSO, DPO, collections effectiveness, dispute resolution, and payment accuracy.
• Provide regular reporting and performance insights to senior finance leadership.
• Support working capital and cash flow improvement initiatives.

Process Improvement & Automation

• Identify and lead initiatives to improve AR/AP processes, efficiency, and accuracy.
• Support the implementation and enhancement of finance systems, automation tools, and approval workflows.
• Partner with IT and other stakeholders on system testing, implementation, and process optimization.
• Develop and maintain SOPs and ensure processes are scalable and consistently followed.

Controls & Compliance

• Maintain appropriate approval processes, segregation of duties, and internal controls.
• Support month-end and year-end close activities, including sub-ledger reconciliations.
• Ensure accurate transaction coding and financial reporting.
• Support internal and external audits as required.

Ideal Candidate

• 5+ years of progressive experience in Accounts Receivable, Accounts Payable, or finance operations.
• Previous experience managing, supervising, or leading a finance operations team.
• Experience overseeing both AR and AP functions is strongly preferred.
• Experience supporting teams across multiple locations or business units is an asset.
• Strong understanding of collections, cash application, vendor payments, reconciliations, and financial controls.
• Demonstrated experience developing and monitoring KPIs and operational reporting.
• Proven ability to identify and implement process improvements and efficiencies.
• Experience with ERP systems, finance technology, system implementations, or automation initiatives.
• Strong understanding of SOP development, internal controls, and accounting processes.
• Advanced Excel skills and strong analytical capabilities.
• Excellent communication and interpersonal skills, with the ability to work effectively with senior leadership and cross-functional stakeholders.
• Strong organizational skills with the ability to manage multiple priorities in a deadline-driven environment.
• Accounting education or professional designation is considered an asset.

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