AP/AR Manager

Who is Sur-Seal, and why choose us?

At Sur-Seal, we simplify engineering and supply chain to solve our customers’ sealing challenges. For over 50 years we’ve been designing, sourcing and manufacturing custom sealing products for OEM customers across multiple industries. We embrace the idea that each customer challenge is unique and pride ourselves on helping them find the right, unique solution. Our customers value our expertise in global sourcing, supply chain, sealing engineering, and precise manufacturing. We earn our customers’ loyalty because we are reliable and responsive to their needs. We have a formula that works, and our growth is accelerating.

People are at the center of all we do. Awarded one of "The Best Places to Work in Cincinnati" for 4 years, Sur-Seal puts people first with a fun and engaging environment. We are a fast-growing company with a family-oriented feel. We offer a competitive compensation and benefits package. Your growth and professional development are as important to us as it is to you. Looking forward, we anticipate many opportunities for job expansion and promotion created by our accelerating growth rates. We seek talented, inspired individuals who share our values and understand that leadership is a quality, not a title. If you would like to be a part of this great team, please read on.

What is the AP/AR Manager role at Sur-Seal?

The AP/ AR Manager is responsible for the daily oversight of accounting activities, including accounts receivable and cash receipts, accounts payable, cash disbursements, and month-end accounting close activities, and helps prepare for the year-end audit. Additionally, the AP/AR Manager will manage the AP/AR staff, will work closely with team members from operating departments, and will assist the Controller and CFO with special projects.

Essential Accountabilities

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Responsible for all aspects of accounting, including accounts payable, accounts receivable, billing, general ledger entries, bank reconciliation, credit card expense report reconciliation, cash applications, collections, and payroll reconciliation
• Manages all accounts receivable and accounts payable staff
• Leads ongoing commercial review of customer accounts with Sales Operations and Sales teams
• Answers accounting and financial questions by researching and interpreting data
• Provides accounting support for audits and acquisitions by reviewing financial information; converting data to the accounting system; obtaining supplementary information and report development
• Advises on payables disputes or conflicts
• Approves international wire transfers, ACH payments

• Processes new customer credit references and assigns credit limits and terms according to policy
• Ensures proper tracking and production of annual 1099 filings
• Delivers timely and accurate financial processing, month end close, cash management reports, and balance sheet reconciliation
• Enforces all AP and AR related policies and procedures
• Maintains corporate credit card requests

• Monitor and maintain the banking partner’s AP portal and the medical benefits account
• Owns the implementation and tracking of vendor royalty programs
• Analyzes current policies and procedures, recommends, and implements changes to create an environment of continuous improvement to promote more effective cash application
• Completes regular accurate reporting including but not limited to AR/AP Aging Reports, Received Goods Not Invoiced
• Completes ad hoc projects and requests as assigned by the Controller or CFO

Competencies

• Takes initiative
• Strong collaboration skills in a cross-functional business team
• Strong attention to detail and organizational skills
• Data centric, highly analytical
• Results driven
• Ability to work independently as well as collaboratively with cross-functional team members
• Ability to lead and mentor a team

Education and Experience

• Degree in Finance or Accounting, or related work experience, required
• Minimum 3-5 years of experience in Accounts Payable and/or Accounts Receivable, required
• Manufacturing/ERP systems experience, required
• Experience leading or mentoring a team a plus
• Solid knowledge of bookkeeping and accounting principles, laws, and regulations
• Strong level of expertise in Excel

Sur-Seal reserves the right to change or add duties to this position as long as the changes and/or additions are consistent with the job classification.