Accounts Payable & Accounts Receivable Manager

Job Description

Job DescriptionAre you a detail-driven automotive accounting professional ready to take the next step in your career? Summit Automotive Partners is seeking an experienced and process-oriented Accounts Payable & Accounts Receivable Manager to support our growing dealership accounting operations. This is a key leadership role responsible for ensuring accurate financial processes and efficient day-to-day back-office operations.

What We Offer:

• Competitive compensation - $66,000 - $80,000 annually based on experience and qualifications
• Paid time off beginning on day one of employment
• Comprehensive benefits package: medical, dental, vision, life, and disability insurance
• 401(k) with employer contribution
• Health & Wellness reimbursement
• Employee discounts across Summit Automotive Partners locations
• A people-focused culture that values development, recognition, and growth

Position Summary:

The Accounts Payable & Accounts Receivable Manager is responsible for leading the execution, standardization, and continuous improvement of AP and AR functions across multiple locations. With AP Smart already in place, a primary objective for this role is to drive optimization of AP automation and lead the streamlining and automation of AR workflows across all dealership locations. This role ensures financial accuracy, timeliness of transactions, and strong internal controls while serving as a strategic partner to Finance leadership. This position operates as both an operational leader and process owner, accountable for designing future-state workflows, optimizing systems, and leading change management initiatives that support scalability and efficiency across the organization.

Core Responsibilities:

1. Operational Execution

• Lead daily AP and AR operations, ensuring accuracy, timeliness, and consistency
• Oversee billing, collections, reconciliations, and vendor payment processes
• Manage and execute month-end close activities related to AP/AR
• Monitor KPIs (aging, DSO, payables timing) and address performance gaps

1. Process Ownership & Optimization

• Evaluate current-state processes and design scalable, standardized workflows
• Optimize AP Smart utilization — improve exception handling, rule configuration, and straight-through processing rates — while leading the design and implementation of automated AR workflows, including billing, collections, and cash application
• Establish and maintain policies, procedures, and internal controls
• Identify and resolve discrepancies, ensuring root cause analysis and correction

1. Strategic Leadership & Change Management

• Define and execute the future-state vision for AP and AR across the organization, with a specific focus on maximizing AP Smart performance and building out automated, scalable AR workflows that reduce manual effort and accelerate cash collection
• Lead cross-functional initiatives to implement new processes, tools, and workflows
• Drive change management efforts, including communication, training, and adoption
• Partner with Finance and Operations leadership to align processes with business goals

1. Team Leadership & Development

• Lead, coach, and develop a team of AP/AR professionals across multiple locations
• Establish performance expectations and accountability standards
• Support hiring, onboarding, and ongoing training
• Foster a culture of continuous improvement and collaboration

1. Compliance & Reporting

• Ensure compliance with internal controls, audit requirements, and company policies
• Support internal and external audit processes
• Prepare and analyze financial reports related to AP/AR activity
• Provide insights and recommendations based on financial trends and data

Scope & Impact:

• Oversees AP and AR functions across multiple dealership locations
• Direct impact on cash flow, working capital, and vendor relationships
• Accountable for the accuracy and timeliness of financial transactions and reporting
• Influences process standardization and system adoption across the organization
• Leads and develops a multi-location team

Qualifications (Minimum Requirements):

• Bachelor's degree in accounting, Finance, or related field (or equivalent experience)
• 3–5 years of experience in Accounts Payable and/or Accounts Receivable
• 1–3 years of people leadership experience
• Strong understanding of accounting principles and month-end close processes
• Demonstrated experience driving process improvement, workflow redesign, or system implementation initiatives

Preferred Qualifications:

• Experience with Dealer Management Systems (DMS), including Dealertrack
• Hands-on experience with AP Smart, including configuration, rule optimization, and performance tuning (strongly preferred)
• Demonstrated experience in process design, optimization, and change management

Who We Are:

Summit Automotive Partners is built on the belief that strength lies in our differences. Our culture celebrates Humility, Integrity, and Passion—and we live by our brand promise: The Power of Yes.
We empower our teams to say "yes" to opportunity, to innovation, and to providing customers with an outstanding, stress-free experience across sales, service, and parts.

Summit Automotive Partners is a privately held management group headquartered in Greenwood Village, Colorado, operating dealerships across Colorado, New England, and Wyoming.

EEOC Summit Automotive Partners is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. Summit Automotive Partners strictly prohibits and does not tolerate discrimination against employees, applicants, or any other covered persons because of race, color, religion, creed, national origin or ancestry, ethnicity, sex (including pregnancy), gender (including gender nonconformity and status as a transgender individual), age, physical or mental disability, citizenship, past, current, or prospective service in the uniformed services, genetic information, or any other characteristic protected under applicable federal, state, or local law. All Summit Automotive Partners employees, other workers, and representatives are prohibited from engaging in unlawful discrimination. This policy applies to all terms and conditions of employment, including, but not limited to, hiring, training, promotion, discipline, compensation, benefits, and termination of employment.ADA Summit Automotive Partners complies with the Americans with Disabilities Act (ADA), as amended by the ADA Amendments Act, and all applicable state or local law. Consistent with those requirements, Summit Automotive Partners will reasonably accommodate qualified individuals with a disability if such accommodation would allow the individual to perform the essential functions of the job unless doing so would create an undue hardship. If you believe you need an accommodation, refer any such request to the Human Resources Department. Summit Automotive Partners will also, where appropriate, provide reasonable accommodations for an employee's religious beliefs or practices.