Accounts Receivable & Accounts Payable Manager

Fraser has been a cornerstone of mental health services in Minnesota since 1935, earning national recognition for our commitment to quality and personalized care for families. Joining our team means elevating your career with professional development opportunities, mentorship, and customized career paths. At Fraser, you'll find a collaborative and relationship-oriented culture where your contributions are valued, and we prioritize the growth of our employees, offering mentorship, training programs, and customized career ladders to help you reach your full potential.

Job Overview:

The AR & AP Manager is responsible for providing accurate Accounts Receivable and Accounts Payable services, including customer service, cash management and banking, data entry, documentation and auditing, and research into account discrepancies.

Required Qualifications:

• AA/AS in accounting BA/BS in accounting preferred.
• 7-10 years of accounting experience preferred. 4-5 years of accounting experience required.
• Experience working with Sage Intacct software preferred.
• Commitment to promoting diversity, multiculturalism and inclusion with focus on culturally responsive practice, internal self-awareness and reflection.

Accounts Receivable:

• Supports AR Administrator by performing and sorting cash applications, making daily deposits via desktop deposit and recording daily EFT deposits.
• Retrieves payment support from various websites including SWIFT, Credit Card sites and PayPal.
• Processes authorizations and applications for credit cards payments.
• Coordinates the sending of statements to all private pay and parent responsibility accounts.
• Writes refund letters and collection letters as necessary. Communicates with clients to set up and monitor payment plans.
• Analyzes aging reports, meets with program teams monthly to review, and determine actions to resolve open balances.
• Prepares bank ACH file for periodic deposit into and withdrawals from resident savings accounts.

Accounts Payable:

• Supports AP Administrator with processing vendor invoices including utilities, check requests, capital purchase request, and expenses reports, including mileage reports.
• Manages and maintains Intacct, Paper Save, and Concur Systems, and Amazon access.
• Collaborates with Learning & Development team related to trainings for new Program Coordinators, Assistant Coordinators and Program Managers in financial practices and procedures.
• Reviews and reconciles Supervised Living house checking and petty cash ledgers.
• Creates new vendors in systems and ensures W-9 are available.
• Assist with month end financial closing which includes reconciliations of Accounts Payable, Accounts Payable Month End Accrual, intercompany, employee and client receivable accounts.
• Prepare journal entries as needed.
• Leads annual 1099 reporting.

Other duties:

• Leads, manages two accountants – AR Administrator and AP Administrator.
• Assists Controller/Assistant Controller with any month end procedures, projects..
• Assists with year-end audit as needed

We are proud to offer our employees the following benefits:

• Collaborative and relationship-oriented culture

• Scheduled performance feedback

• Career growth opportunities

• Opportunities for community involvement in Fraser organized events

• Work-life balance is important; Fraser offers generous paid time off to those employed full time

• Benefits (available to employees working 30 or more hours per week)

• 403(b) retirement account with Fraser contribution

• Childcare discount at Fraser School

• Referral bonuses

• Verizon Wireless cell phone plan and accessories discount

Location & Schedule:

• This position is hybrid work model / Bloomington, MN
• This is a full-time, benefit eligible position working standard business hours Monday through Friday.

If you're passionate about making a difference in the lives of others and want to take your career to the next level, consider joining Fraser. Together, we can continue to provide exceptional care and support to those in need.

Diversity, Inclusion, and Belonging: Fraser values a diverse staff to ensure the best outcomes for our diverse client base. We are committed to anti-racism at Fraser. Our anti-racism committee assesses, develops, and implements numerous initiatives ranging from recruiting and retaining diverse staff to staff training and more.

Fraser is an Affirmative Action and Equal Opportunity Employer.

If you are having trouble applying or have questions, please contact Fraser HR at careers@fraser.org or 612-767-7550. If you have successfully submitted your application, you will get a confirmation email. If you do not receive the confirmation email, please check your junk/spam folders; then contact us as we may not have received your application. Thank you for considering Fraser!