Director of Accounts Payable & Accounts Receivable at FORTIS Resource Partners Director of Accounts Payable & Accounts Receivable at FORTIS Resource Partners in Yorba Linda, California Posted in about 11 hours ago.

Type:

full-time FORTIS Resource Partners is a boutique recruiting firm supporting successful companies in Southern California. Our client is seeking an experienced Director of Accounts Receivable & Accounts Payable to join their growing company.

Employment Type:

Full-Time, Direct Hire Location:

Anaheim, CA (On-Site)

Compensation:

$130-160k + Bonus Position Overview Our client, a well-established, multi-entity organization, is seeking a hands-on Director of Accounts Receivable & Accounts Payable to oversee and strengthen the company's AR and AP functions. This position will lead the development and execution of scalable processes, controls, reporting, and team structures across a high-volume environment. The ideal candidate will bring significant experience in construction and/or manufacturing accounting. This is a leadership role for someone who can both strategically improve the function and roll up their sleeves to solve issues and drive results. Key Responsibilities Lead the end-to-end Accounts Receivable and Accounts Payable functions across a multi-entity organization. Develop, implement, and continuously improve AR/AP processes, internal controls, escalation procedures, and reporting standards. Establish and monitor AR performance metrics, including DSO, aging, percentage current, and cash conversion. Establish and monitor AP metrics, including DPO, on-time payments, discount capture, and exception rates. Lead, develop, and hold AR/collections teams accountable for timely billing, follow-up, and collections. Oversee AP operations, including invoice intake, coding, approvals, vendor management, payment processing, and payment runs. Ensure accurate cash application and proper resolution of short-pays, retainage/retention, and intercompany billing. Oversee preliminary notices, lien waivers, retention, and mechanic's lien processes in accordance with applicable requirements. Develop a strong understanding of construction contract payment terms, retention provisions, liquidated damages, and change-order mechanics as they relate to billing and collections. Establish consistent billing and collections procedures for public-agency and government contracts. Partner with Project Management, Estimating, Operations, Compliance, Payroll, and Accounting/Finance teams to resolve billing, documentation, and payment issues. Oversee three-way matching, vendor master maintenance, AP controls, and month-end AP close. Identify and implement opportunities for automation and process improvement within the ERP and related accounting systems. Support month-end and year-end close, audit preparation, and banking activities related to AR/AP. Prepare reporting and provide recommendations to executive leadership regarding cash flow, receivables, payables exposure, and process performance. Develop and document procedures and best practices to create consistency across entities and departments. Qualifications Bachelor's degree in Accounting, Finance, Business, or a related field preferred; equivalent experience will be considered. 10+ years of progressive experience in Accounting Experience within construction, heavy civil, manufacturing, or other multi-entity environments. Strong knowledge of progress billing, retention, preliminary notices, lien waivers, and mechanic's lien requirements. Advanced Excel skills and experience with construction, manufacturing, or multi-entity ERP/accounting systems. Experience with Sage Intacct or a similar cloud-based accounting/ERP system. Strong leadership, communication, organization, and problem-solving skills. Ability to establish accountability, improve processes, and work effectively across multiple departments and entities. FORTIS Resource Partners provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.