Accounts Payable and Receivable Manager

Shape Corporation•Grand Haven, MI

About The Position

The Accounts Payable and Receivable Manager leads Shape Corp.'s shared-services accounts payable and accounts receivable functions. The role ensures accurate, timely, secure, and well-controlled processing of supplier invoices and payments, customer receipts, and related accounting activity. It provides day-to-day leadership to shared-services teams, supports month-end close, resolves complex issues, strengthens internal controls, and partners with plant finance, purchasing, treasury, commercial teams, and other business functions. The position also supports cash positioning, liquidity monitoring, short-term cash forecasting, banking activity, and line-of-credit administration. It owns the consistency, quality, scalability, automation, and continuous improvement of AP/AR and related cash-management processes across the organization, with accountability for service levels, working-capital performance, and control effectiveness. The manager leads, coaches, and develops team members; manages workload, staffing, cross-training, and backup coverage; and promotes a customer-service, continuous-improvement, and controls-focused culture. Additional functions not specifically outlined may be assigned by the leader.

Requirements

Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
5+ years of progressive accounting experience, including substantial accounts payable and/or accounts receivable responsibility in a high-volume environment.
Demonstrated experience leading team members and processes and delivering significant accounting, controls, or process-improvement initiatives.
Strong knowledge of general-ledger accounting, reconciliations, internal controls, segregation of duties, and month-end close.
Proficiency with ERP systems and advanced Microsoft Excel skills; ability to use data and dashboards to manage performance and exceptions.
Strong analytical, problem-solving, communication, organizational, and prioritization skills, with the ability to lead through competing deadlines and high transaction volumes.

Nice To Haves

Experience managing both accounts payable and accounts receivable within a shared-services model.
Manufacturing, automotive, or multi-location accounting experience.
Experience with intercompany activity and ERP-enabled purchasing, invoicing, payment, cash-application, and bank-integration processes.
Experience improving or automating finance processes using workflow, RPA, AI-assisted tools, or business-intelligence reporting.
Experience with cash positioning, short-term cash forecasting, bank administration, or line-of-credit activity.
CPA, CMA, CTP, or another relevant professional certification.

Responsibilities

Oversee end-to-end accounts payable invoice processing, approval workflows, supplier payments, vendor inquiries, and issue resolution against defined service levels.
Review and approve payment runs within delegated authority and segregation-of-duties requirements, with enhanced review of significant, unusual, urgent, or manually initiated items.
Monitor aged payables, exceptions, duplicate payments, blocked invoices, unapplied activity, and payment-term compliance, and drive timely corrective action.
Partner with purchasing, plant finance, and receiving teams to resolve purchase order, receipt, pricing, tax, and invoice discrepancies and improve first-pass match rates.
Oversee intercompany payables, supplier escalations, vendor-master governance, and opportunities to standardize, digitize, or automate AP processes while maintaining appropriate controls.
Oversee customer invoicing, cash application, account reconciliations, collections activity, credit support, and discrepancy resolution against defined service levels.
Monitor aging, past-due balances, disputes, deductions, and collection effectiveness; coordinate escalation and recovery actions with commercial and finance leadership.
Research unidentified deposits and unapplied cash, and oversee intercompany receivables, clearing transactions, and timely account resolution.
Partner with commercial, customer-service, plant-finance, and pricing teams to resolve billing, pricing, deduction, and short-payment issues.
Maintain actionable reporting and KPIs, including aging, DSO, past-due percentage, collection effectiveness, unapplied cash, dispute cycle time, and root-cause trends.
Ensure AP and AR subledgers are complete and accurate and close on schedule, with clear cut-off procedures and ownership of exceptions.
Review reconciliations, clearing accounts, accruals, suspense accounts, and related balance-sheet accounts; ensure timely clearance of aged items.
Ensure transaction and cash activity is properly recorded in the general ledger and coordinate with Corporate Accounting and plant finance to meet close deadlines and provide concise status and risk reporting.
Support internal and external audit requests and maintain complete process, reconciliation, approval, account-access, and control documentation.
Serve as the escalation point for complex customer, supplier, intercompany, banking, and transaction-processing issues.
Develop and enforce consistent procedures, controls, approval matrices, and service standards across locations.
Lead process-improvement and automation initiatives that increase efficiency, accuracy, scalability, user experience, and control reliability.
Use dashboards, exception analytics, and root-cause analysis to identify risk, capacity constraints, and improvement opportunities.
Partner with Finance leadership, IT, treasury, purchasing, and business teams on working capital, cash flow, ERP, banking, and accounting initiatives.
Establish and monitor role-based system access, segregation of duties, fraud-prevention controls, and secure payment-change verification procedures.
Evaluate workflow, RPA, AI-enabled exception handling, and reporting tools while ensuring human review of material or high-risk transactions.
Monitor cash balances, bank activity, and short-term liquidity requirements across company accounts and legal entities.
Prepare daily cash-position reporting and support rolling short-term cash forecasts for expected customer receipts, supplier payments, payroll, taxes, and other significant cash movements.
Monitor line-of-credit activity, including draws, repayments, interest, fees, covenant-related reporting inputs, and available capacity.
Coordinate with AP, AR, Treasury, and business teams to anticipate significant receipts, disbursements, timing risks, and forecast variances.
Investigate unusual, potentially fraudulent, or unreconciled bank activity and support timely bank reconciliations and accurate general-ledger recording.
Assist with payment approvals, account access, authorized signers, positive pay, ACH controls, and supporting documentation.
Lead, coach, and develop AP/AR team members; set clear goals, service expectations, and accountability for results.
Balance workload, staffing, cross-training, and backup coverage to maintain continuity during close cycles, absences, and transaction-volume peaks.
Manage key performance measures for AP processing cycle time, on-time payment rate, first-pass match rate, exception volume, duplicate-payment prevention, and discount capture; AR aging, DSO, past-due percentage, collection effectiveness, unapplied cash, dispute cycle time, and bad-debt exposure; and timely close completion, reconciliation quality, aged-item resolution, audit findings, control effectiveness, forecast accuracy, and productivity improvements.
Perform additional functions not specifically outlined in the position description as directed by the leader.