Director Accounts Payable at Addison Group Director Accounts Payable at Addison Group in Chino Hills, California Posted in about 12 hours ago.

Type:

full-time

Director of Accounts Payable & Accounts Receivable Location:

Yorba Linda, CA Employment Type:

Full-Time Compensation:

$120K-$160

K Position Overview:

We are seeking an experienced Director of Accounts Payable & Accounts Receivable to lead and oversee the company's end-to-end AP and AR functions across all Onyx Group and Advantage Group entities . This is a hands-on leadership role responsible for establishing scalable processes, strengthening financial controls, improving cash flow, and developing high-performing AP and AR teams. The ideal candidate will bring 10+ years of accounting experience , with significant experience in the construction industry and at least 5 years of people-management experience . This individual should be a detailed, thoughtful, and collaborative leader who understands the importance of building trust with long-tenured team members while introducing improved processes, accountability, and performance standards.

Key Responsibilities:

Own and lead the full-cycle Accounts Receivable and collections functions across all company entities. Establish and drive company-wide AR performance metrics, including DSO, aging, percentage current, collections effectiveness, and cash conversion . Build and lead the AR/Collections team, including the Senior Accounts Receivable Manager and supporting staff . Establish a culture of urgency and accountability, ensuring invoices are actively managed from the day they are billed through final payment. Oversee accurate and timely cash application , including research and resolution of short-pays, deductions, credits, retention, and unapplied cash. Oversee intercompany billing and reconciliations to ensure accurate and timely transactions between entities. Partner closely with Project Managers, Estimating, Certified Payroll, Operations, and other departments to resolve billing issues and accelerate collections. Analyze aging and delinquency trends, identify root causes, and implement corrective action plans. Oversee California preliminary notice, lien waiver, retention, and mechanic's lien processes , establishing consistent standards and timelines across entities. Develop a practical understanding of construction contract payment terms, retention provisions, liquidated damages language, and change-order payment mechanics. Ensure AR strategies are aligned with contractual rights, project requirements, and potential payment risks. Develop and maintain playbooks for major public-agency billing and payment processes , including city and county requirements. Partner with project teams to proactively address billing requirements, documentation issues, payment delays, and contractual obstacles. Own and lead the full-cycle Accounts Payable function across all entities. Build and lead the AP team while establishing clear expectations, accountability, and performance standards. Design and implement efficient invoice intake, coding, approval, and payment workflows . Establish AP performance metrics, including DPO, on-time payment percentage, discount capture, exception rates, and processing efficiency . Ensure invoices are accurately coded, properly approved, and processed in accordance with company policies and contractual requirements. Maintain strong vendor relationships while balancing timely payments with effective cash management. Identify opportunities to improve automation, controls, workflow efficiency, and payment processes. Oversee AP reconciliations, vendor statement reviews, payment issues, and resolution of invoice discrepancies.

Requirements:

10+ years of progressive Accounts Receivable, Accounts Payable, and/or accounting experience. Significant construction industry experience required. 5+ years of experience managing and developing accounting teams. Strong understanding of construction billing, collections, retention, lien waivers, preliminary notices, and payment processes. Experience managing AP and AR across multiple entities preferred. Strong understanding of cash application, collections, vendor management, reconciliations, and internal controls. Demonstrated ability to establish KPIs, improve processes, and hold teams accountable. Strong analytical, organizational, and problem-solving skills. Excellent communication and cross-functional collaboration skills. Experience working with Sage Intacct or a comparable ERP system.

Benefits:

Medical, Dental, Vision