AR/AP Manager

General Fasteners•Livonia, MI

7d•$105,000 - $115,000•Onsite

About The Position

General Fasteners Company is looking to hire a full-time Accounts Receivable/Accounts Payable Manager. This position leads the end-to-end receivables, payables, and treasury management functions, with a focus on improving working capital, process efficiency, and team performance. The role manages a high-volume transactional team, partners cross-functionally with Sales, Purchasing, Operations, and Finance, and leverages systems and process improvements to enhance visibility, controls, and scalability. Success in this role is measured by improvements in Days Sales Outstanding (DSO), cash flow predictability, operational efficiency, and overall financial performance.

Requirements

Associate’s or Bachelor’s degree in Accounting, Finance, or related field preferred; equivalent experience considered.
Minimum 3–5 years of experience in high-volume Accounts Receivable and/or Accounts Payable functions.
Minimum 2 years of supervisory or leadership experience preferred.
Experience working with ERP systems and process improvement initiatives strongly preferred.
Proficiency in Microsoft Office applications, particularly Excel.
Experience with Epicor or comparable ERP systems.
Strong analytical, mathematical, and problem-solving skills.
Solid understanding of how Accounts Receivable and Accounts Payable transactions flow through the general ledger, including subledger reconciliations, accruals, and period-end close processes.
High attention to detail with the ability to meet deadlines in a fast-paced environment.
Excellent verbal, written, and interpersonal communication skills.
Ability to gather, analyze, and present data effectively.
Strong organizational skills with the ability to prioritize and delegate responsibilities.
Ability to build and maintain positive working relationships across all levels of the organization.
Self-directed with a high level of motivation, accountability, and ownership.
Adaptability and flexibility in a dynamic work environment.

Nice To Haves

Minimum 2 years of supervisory or leadership experience
Experience working with ERP systems and process improvement initiatives

Responsibilities

Lead and manage the collections process, including direct interaction with customers on past due balances and reporting on account status.
Partner with Sales to proactively manage credit risk and resolve customer disputes.
Drive process improvements and automation in invoicing, cash application, and dispute tracking.
Manage credits, debits, write-offs, and other accounts receivable activities, ensuring proper accounting and documentation.
Oversee accounts payable processes, ensuring timely and accurate processing of invoices and payments.
Maintain complete and accurate vendor and supplier information to support proper payment execution.
Compile, analyze, and report financial information to management.
Evaluate cross-functional processes to identify and implement improvements that streamline workflows, enhance efficiency, and support scalability across Accounts Receivable and Accounts Payable functions.
Drive automation and efficiency within Epicor P21, DocRecord, or similar systems to improve productivity, accuracy, and overall process performance.
Develop, implement, and continuously improve policies, procedures, and system controls to enhance accuracy, consistency, and compliance.
Design, implement, and maintain document management processes and workflows to improve data integrity, accessibility, and operational efficiency.
Ensure accurate integration of Accounts Receivable and Accounts Payable activity with the general ledger, including support for subledger reconciliations, accruals, and period-end close processes.
Establish and maintain approval workflows and system controls that support appropriate levels of authority, accountability, and process consistency.
Partner cross-functionally with Finance, Operations, Supply Chain, and IT to support system enhancements, process improvements, and effective adoption of new tools and workflows.
Improve invoice processing accuracy and cycle time, including invoice receipt, entry, and validation.
Monitor daily cash activity and resolve discrepancies in a timely manner.
Analyze payment and collection trends to support liquidity planning and financial decision-making.
Maintain accurate remittance and banking information.
Partner with Finance to improve cash flow forecasting and working capital visibility, including analysis of projected collections, supplier payments, and payment trends.
Lead, develop, and manage Accounts Receivable and Accounts Payable staff, including hiring, training, motivating, and evaluating team members.
Establish clear performance expectations and goals; facilitate and support team members in achieving objectives.
Foster a culture of accountability, collaboration, and continuous improvement within the team.
Monitor team performance and address gaps through training, process improvements, and performance management.