Kapitus · 15 hours ago
Manager, Accounts Payable
New York, NY
Full-time
Hybrid
Mid, Senior Level
$86K/yr - $139K/yr
3+ years expKapitus is one of the most reliable and respected names in small business financing, and they are seeking a strategic and hands-on Accounts Payable Manager to lead their growing AP team. This role involves overseeing the end-to-end Accounts Payable function, implementing process improvements, and managing a team to ensure timely vendor payments and compliance with accounting policies.
FinanceFinancial ServicesFinTechLendingSmall and Medium Businesses
Responsibilities
Oversee the end-to-end Accounts Payable function, ensuring the highest standards for invoice processing, data entry accuracy, and timely vendor payments
Develop and implement process improvements and automation to streamline workflows and enhance efficiency
Ensure strict compliance with company accounting policies, procedures, and internal controls
Lead and manage the AP team, assigning daily tasks, monitoring performance, and providing the motivation needed to meet departmental goals
Manage the weekly AP lifecycle (coding, processing, reporting, and AP Bill Pay Runs) through electronic bill payment systems
Record and review all invoices for appropriate documentation and departmental approval prior to payment
Execute weekly wire transfers via online banking portals and oversee corporate credit card/expense report processing
Maintain ownership of the AP Inbox, act as the escalation point for vendor relationships and facilitate clear communication between internal stakeholders and external partners
Partner with leadership to develop cash flow funding needs for OpEx based on historical trends and upcoming obligations
Manage the issuance of annual Form 1099s (MISC and NEC) and maintain thorough electronic vendor documentation
Provide critical support during the monthly close process and lead ad-hoc accounting projects as needed
Inspire and create a motivating environment through coaching, mentoring, and enablement
Provide opportunities to participate in both formal and informal developmental activities
Working with senior leaders and department head, set expectations for all team members and hold employees accountable for results
Lead hiring, performance management, compensation, and evaluation of team members
Collaborate with Kapitus leadership and HR to continually refine and modify career growth and succession plans to meet changing business needs
Qualification
Required
Bachelor's degree in Accounting, Finance, or Business Administration is required
Minimum of 3–5 years of experience in accounts payable with 2-3 years of experience managing teams and vendor relationships
Proficiency in accounting software and electronic bill pay systems
Excellent computer skills required (Intermediate skills in Microsoft Excel is a plus)
Exceptional verbal and written communication skills to effectively facilitate dialogue between vendors, internal stakeholders, and team members
Must be a highly organized, 'hands-on' leader with strong attention to detail
Ability to manage high-volume transactions and multiple projects concurrently
Self-motivated, reliable professional with strong analytical skills and the ability to motivate a team toward excellence
Preferred
Experience with Sage Intacct, Vic.ai, Bill.com, or MineralTree is a significant plus
Prior experience in the financial services sector is a plus, but not required
Benefits
Annual Incentive Compensation Eligibility – Up to 15% annually
Health Insurance: We offer comprehensive medical, dental, and employer-paid vision plans through UnitedHealthcare (UHC), with various coverage levels available to meet the needs of our employees and their families.
100% Company Paid Insurances: Kapitus fully covers the cost of basic short-term and long-term disability insurance, as well as vision insurance, ensuring our employees have comprehensive protection without any personal expense.
Voluntary Insurance: Supplemental life insurance as well as enhanced short- and long-term disability coverage are available through Mutual of Omaha, providing additional security for our employees. Additionally, Colonial Accident and Hospitalization insurances are also available, offering further protection against unforeseen events.
Paid Maternity and Parental Leave: Beyond state-mandated leave policies, Kapitus provides company-paid maternity and parental leave, supporting our employees during important family milestones.
LifeBalance Program: Enhance your lifestyle with our LifeBalance membership, which offers discounts on outdoor activities, the arts, health, and fitness. Additional benefits include: + Pet and car insurance discounts. + Financial services such as LegalShield. + Relaxation and stress management tools, including a fully covered annual subscription to The Calm App.
Plum Benefits Discount Program: Access exclusive discounts on shows, travel, car rentals, and more, enriching your personal and family life.
Tuition Reimbursement: Pursue further education with up to $5,000 annually in tuition reimbursement, plus opportunities to attend relevant conferences and career development events.
Transit Reimbursement: We also offer transit reimbursement for all work-related travel, supporting your involvement in career and personal development activities.
Paid Time Off and Sick Time
Retirement Benefits: Our 401K plan is managed through Fidelity, featuring a 25% match on employee contributions, helping you plan for a secure financial future.
Company
Kapitus
Kapitus is a business loan provider dedicated to helping small and medium-sized businesses in their growth.
501-1000 employees
H1B Sponsorship
Kapitus has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (3)
2023 (4)
2022 (2)
2021 (2)
2020 (5)
Funding
Current Stage
Late StageTotal Funding
$675M2024-06-17Debt Financing· $45M
2023-04-03Debt Financing· $130M
2022-02-09Debt Financing· $200M
Leadership Team
Ella Haman
Chief Technology Officer
Anthony Rose, CFA
Chief Financial Officer
Recent News
The Journal Record
2025-11-09
2025-09-26
2025-07-22
Company data provided by crunchbase