Job Summary
The AP/Cash Manager is responsible for overseeing all accounts payable functions and managing cash flow across multiple entities, including commission payouts, investor distributions, and scheduled intercompany and third-party transfers. This role ensures accurate, timely, and well-controlled movement of cash across a complex multi-entity structure.
Key Responsibilities
Accounts Payable Oversight
- Manage and oversee the full AP cycle, including invoice processing, coding, approvals, and vendor payments across all entities.
- Ensure AP procedures maintain proper internal controls and segregation of duties.
- Review and resolve discrepancies, aging balances, and vendor account issues.
- Maintain vendor relationships and ensure timely, accurate payments.
Cash Management
- Monitor and manage cash positions across multiple entities and bank accounts.
- Prepare and maintain cash flow projections to ensure sufficient liquidity for operational, investment, and distribution needs.
- Coordinate and execute scheduled monthly and quarterly transfers between intercompany entities and to outside vendors.
Distributions & Commission Payouts
- Process and manage investor distribution calculations and payments on a scheduled basis.
- Oversee commission payout calculations, approvals, and disbursements.
- Ensure distributions and payouts align with governing agreements, fund documents, and approved schedules.
Team & General
- Supervise and support one direct report (Accountant), overseeing workflow and reviewing work product.
- Partner with accounting leadership on process improvements and automation of AP and cash workflows.
- Assist with special projects as needed.
Qualifications
- Bachelor's degree in accounting, Finance, or related field.
- 5+ years of accounting experience, with 2+ years in AP management and/or cash management.
- Experience managing multi-entity cash flow and intercompany processing.
- Strong understanding of accounting controls and payment processing.
- Proficiency with NetSuite, Salesforce, Excel, BILL, Divvy, Expensify, and Airbase.
- Fund accounting, intercompany accounting, and tenant property management accounting experience a plus.
- Strong organizational skills and ability to manage multiple deadlines across entities.
Equal Employment Opportunity Statement
TerraMark Management Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other characteristic protected by federal, state, or local law.
Pay: $70,000.00 - $80,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Work Location: In person
