AP​/AR Manager

Ancillare LP seeks an experienced and results-driven Accounts Payable and Accounts Receivable Accountant/Manager to oversee the day-to-day operations of the Company's global transactional accounting functions. This role is responsible for leading the accounts payable, accounts receivable, collections, cash application, and revenue support processes across multiple domestic and international entities. The AP/AR Manager will ensure the timely and accurate processing of vendor payments, customer invoicing, cash collections, account reconciliations, and month-end close activities while maintaining strong internal controls and supporting the Company's growth objectives.

The ideal candidate will possess strong leadership skills, process improvement experience, and the ability to operate effectively in a fast-paced, highly regulated environment.

• Manage all aspects of the accounts payable function, including invoice processing, approvals, vendor maintenance, and payment execution.
• Oversee weekly payments and cash disbursement planning.
• Monitor vendor aging reports and prioritize payments based on business needs and cash flow requirements.
• Ensure proper coding of invoices and compliance with company accounting policies.
• Manage vendor relationships and resolve escalated invoice and payment disputes.
• Maintain accurate accrued liabilities and support month-end AP close activities.
• Ensure compliance with international VAT requirements and proper tax treatment of vendor invoices.
• Review and approve AP reconciliations and account analyses.

• Oversee customer invoicing, cash application, collections, and dispute resolution.
• Monitor accounts receivable aging and collection performance.
• Develop and implement collection strategies to reduce delinquent accounts and improve cash flow.
• Review customer credit risk and recommend credit limit adjustments.
• Partner with Sales, Operations, and Customer Success teams to resolve billing issues.
• Ensure timely and accurate customer account reconciliations.
• Oversee bad debt reserve analysis and recommendations.

• Drive working capital improvement initiatives.
• Monitor and report key cash management metrics.
• Assist with short-term cash forecasting and liquidity management.

• Lead, mentor, and develop AP and AR staff.
• Establish performance goals and key performance indicators (KPIs).
• Conduct employee performance evaluations and coaching sessions.
• Develop standard operating procedures (SOPs) and training documentation.
• Foster a culture of accountability, customer service, and continuous improvement.

• Maintain strong internal controls over AP and AR processes.
• Ensure compliance with company policies.
• Support external audits by preparing schedules and responding to auditor requests.
• Review balance sheet reconciliations related to AP, AR, customer deposits, accrued expenses, and other transactional accounts.
• Ensure compliance with applicable tax reporting requests, VAT, and regulatory requirements.

• Drive process automation and efficiency initiatives.
• Identify and implement opportunities to streamline workflows and reduce manual effort.
• Partner with IT and business stakeholders on ERP optimization initiatives.
• Maintain data integrity within Microsoft Dynamics 365 Business Central and related systems.
• Develop dashboard reporting and KPI monitoring capabilities.

• Bachelor’s degree in accounting, Finance, or related field.
• Minimum 5 years of progressive accounting experience.
• Minimum 1-2 years of supervisory or management experience overseeing AP and/or AR teams. Will consider strong candidate looking to gain management experience.
• Strong knowledge of GAAP and accounting fundamentals.
• Experience managing high-volume transaction environments.
• Advanced Microsoft Excel skills.
• Experience with ERP systems, preferably Microsoft Dynamics 365 Business Central.
• Excellent analytical, organizational, and problem-solving skills.
• Strong communication and leadership abilities.

• 1. Pharmaceutical, healthcare, logistics, clinical trial, or supply chain industry experience.
• 2. Multi-entity and international accounting experience.
• 3. Exposure to VAT accounting and foreign currency transactions.
• 4. Continuous improvement, Lean, or process automation experience.

• Strong knowledge of accounts payable, accounts…