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Accounts Payable Manager

Position Description

Title: Accounts Payable Manager

Department: Accounting

Reports To: Sr. Director, Capital Disbursements and Fixed Assets

Function: The Accounts Payable Manager oversees the day-to-day operations of the Accounts Payable Department for a publicly-traded real estate investment trust investing primarily in focused-service hotels. The incumbent ensures accurate and timely payment of all vendor invoices and implements Accounts Payable process improvements to promote efficiency and strengthen controls. The Accounts Payable Manager also ensures the internal controls environment is in compliance with the SarbanesOxley Act and adheres to Generally Accepted Accounting Principles (“GAAP”), Financial Accounting Standards (“FAS”) and the Company’s accounting practices to ensure that accounting policies, effective controls and efficient procedures are implemented and enforced to safeguard company assets.


  • Manage, coach and train accounts payable (A/P) staff
  • Ensure timely and accurate payment of vendor invoices
  • Review and approve all payable entries, ensuring transactions post to the correct accounting period and are booked to the proper general ledger accounts
  • Verify invoices, check requests, capital expenditures, and employee travel expense reports are legitimate documents for payment
  • Examine incoming payables for appropriate signature authorization prior to payment processing as applicable
  • Manage electronic approval workflows and ensure timely payments
  • Oversee weekly check runs, ensuring funds are disbursed from the correct cash accounts, and generated checks are in compliance with internal policies and procedures
  • Initiate vendor payments via ACH/Wire transmission
  • Review and analyze A/P aging
  • Responsible for preparation of A/P weekly/monthly reports
  • Prepare and distribute annual Form 1099s to vendors
  • Oversee document retrieval during accounting audits
  • Assist with Sales and Use tax tracking and provide appropriate support to Tax department
  • Conduct annual performance reviews of A/P staff
  • Assist with systems implementation and special projects
  • Implement and communicate accounts payable policies and procedures to internal staff
  • Participate in recruitment and conduct employment interviews
  • Plan and implement A/P process improvements to promote efficiency and strengthen controls
  • Responsible for other ad hoc reporting and request


  • Effective verbal and written communication
  • Ability to manage and maintain confidential information
  • Proficiency using accounting software, preferably Yardi and Yardi Paysca
  • Familiarity with Microsoft Office applications, strong excel skills a plus
  • Ability to be a team leader
  • Strong work ethic, flexibility to work under tight deadlines and extreme attention to detail
  • Knowledge of the hotel or commercial real estate industry is desirable
  • Sales and Use Tax knowledge a plus


  • Bachelor’s degree in Accounting, Finance or a related field


  • 7+ years accounts payable experience
  • 3-5 years supervisory experience


This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employee(s) will be required to follow any other job related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments.

A review of this position has excluded the marginal functions of the position that are incidental to the performance of fundamental job duties. All duties and responsibilities are essential job functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbent(s) will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities.

This document does not create an employment contract, implied or otherwise, other than an "at will" relationship.


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