Accounts Payable Manager

Who We Are:

Based in New Jersey and established in 2010, Asset Based Lending, LLC (“ABL”) is one of the nation’s leading Hard Money Lenders. We provide fast bridge financing to real estate investors for the purchase, renovation, or new construction of single family, multi-family and mixed-use properties as well as DSCR rental loans for long term investors. We have closed thousands of loans since we began lending fourteen years ago, producing nearly $3B in originations. ABL was acquired by a private equity firm in 2021, and with a renewed focus on growth, we’ve set our sights on consistent evolution and cementing our place as the premier private lender in the country.

Our Mission is Simple:

• Make Good Loans
• Provide Exceptional Service, Every Time
• Protect The Firm
• Build The Future

Position Overview

The Accounts Payable Manager is responsible for the operational leadership, performance, and continuous improvement of the accounts payable function, vendor management, and payment operations. This role owns day-to-day execution, financial control integrity, and team performance across all AP and payment operations activities.

This leader ensures accuracy, compliance, timeliness, and strong vendor relationships while overseeing cash management, tax reporting obligations, and ERP and expense platform administration to build scalable operational discipline.

The role requires comfort managing change within the function, improving unclear or inconsistent processes, and operating effectively in a growing and evolving organization.

Role Scope

• Own the full accounts payable and payment operations lifecycle
• Lead and develop a defined AP team
• Improve processes and controls within the function
• Partner cross-functionally to resolve issues and strengthen workflows
• Administer and drive adoption of ERP systems, expense platforms, and standard work
• Operate with autonomy while escalating material financial risks appropriately

Core Responsibilities

1. End-to-End AP Ownership

• Oversee invoice processing, coding, approvals, and payment execution
• Ensure accurate GL allocation and bill recording across all transactions
• Maintain effective approval workflows and payment controls
• Monitor aging, accruals, and vendor balances
• Ensure timely and accurate payment operations across all methods

2. Payment Operations & Vendor Management

• Serve as primary point of contact for vendor inquiries and payment escalations
• Oversee ACH, wire transfers, credit card programs, reimbursements, and specialized payments
• Improve vendor onboarding and documentation standards
• Maintain professional vendor relationships and service levels

3. Financial Controls & Compliance

• Ensure policy adherence and internal control integrity
• Manage 1099 reporting obligations
• Partner with Accounting during month-end close, including reconciliations, prepaid analysis, and accrual support
• Coordinate with tax accountants to support federal and state tax obligations

4. Systems Optimization & Process Improvement

• Administer AP-related systems (ERP, expense platform, payment tools)
• Identify and implement workflow improvements to increase efficiency and reduce errors
• Strengthen documentation and standard operating procedures
• Support automation initiatives within the AP function

5. Change Management & Operational Discipline

• Build clarity and structure where processes are inconsistent
• Implement standard work and ensure team adoption
• Drive accountability for deadlines, accuracy, and service quality
• Operate effectively in a growing environment with evolving priorities

6. People Leadership

• Lead, mentor, and develop AP team members
• Set clear expectations and performance standards
• Allocate workload effectively and ensure cross-training
• Create a culture of ownership, accuracy, and responsiveness

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field
• 4 years of progressive AP or accounting operations experience
• Experience with a major ERP system; NetSuite experience preferred
• Familiarity with corporate expense platforms (Ramp or similar)
• Demonstrated ability to manage vendor relationships and payment operations at scale
• Strong understanding of 1099 reporting requirements and AP-related internal controls
• Experience in financial services or lending preferred