AP/AR Manager - HYBRID

DB Insurance Co., Ltd. • Anaheim, CA

3d • $110,000 - $160,000 • Hybrid

About The Position

We are seeking a detail-oriented and dependable AP/AR Manager to join our growing team. In this role, you will oversee daily accounts payable and receivable operations, supervise staff, and resolve discrepancies. You will ensure all transactions are processed accurately, properly documented, and fully compliant with internal controls. Additionally, you will play a key part in our growth by establishing new accounting systems and processes from the ground up to improve overall workflow. The ideal candidate is organized, hands-on, and proactive in identifying improvements. A strong understanding of accounting principles, cash flow management, and financial reporting is essential, and familiarity with Statutory Accounting Principles (SAP) is highly preferred.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field
• 7+ years of accounting experience in the insurance industry exclusively on the carrier side, with strong expertise in accounts payable and accounts receivable operations.
• Ideally possess strong knowledge of NAIC reporting, SSAP, and other applicable financial reporting standards.
• Proficiency in accounting software (e.g., SAP, or similar)
• Excellent analytical, problem-solving, and organizational skills
• A Self-driven and proactive individual who takes ownership of their work

Nice To Haves

• CPA or other relevant certification is a plus

Responsibilities

• Oversee daily verification of premium collections, including reconciliation of policy system records with actual premium receipts and other related review procedures.
• Oversee and support month-end and year-end close activities, including account reconciliations and resolution of discrepancies
• Analyze financial data to identify trends, variances, and potential issues; provide insights and recommendations to management
• Manage accounts receivable and accounts payable, including monitoring, reconciliation, and settlement.
• Oversee operating expense disbursements and budgets in accordance with company policies and internal controls.
• Support tax preparation and compliance efforts, including coordination of state and federal tax documentation.
• Evaluate, plan, and implement new systems and software to improve business processes.
• Team Leadership: Lead, mentor, and develop a team of AP and AR specialists, providing clear direction, training, and performance feedback.
• Workflow Management: Assign and monitor daily tasks to ensure the team meets deadlines for invoice processing, payment runs, and collections.
• Performance Reviews: Conduct regular one-on-one meetings and annual performance evaluations to support staff growth and accountability.
• Process Optimization: Identify bottlenecks in the AP/AR workflows and implement best practices and systems to streamline operations and improve accuracy.
• Issue Escalation: Act as the primary point of contact for complex vendor disputes, sensitive customer collection issues, and internal department inquiries.
• Compliance & Audit: Ensure the team adheres to internal control procedures and maintains proper documentation for all financial transactions.

Benefits

• Medical (PPO), dental (PPO), vision (PPO), and life insurance covered 100% by the company and 50% for dependents
• Paid time off and sick leave
• 13 annual paid holidays
• 401(k) plan with up to 4% company match
• Flexible Spending Account (FSA) & Dependent Care
• Quarterly Fringe Benefit reimbursements
• Job-related training reimbursement
• Casual dress code

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 11-50 employees