CORP - Accounts Payable/Receivable Analyst
7 days ago
Sterling
Job Description The Company Founded in 1927 as a division of Pan American World Airways, Avports is an experienced and trusted airport manager and operator. Today, the company operates with over 650 staff (of which approximately 300 are unionized) at 14+ airports across the US and the Caribbean, with that number slated to grow to 800 during the next year with the addition of new airport projects. In addition, Avports is now acting as the leaseholder and operator of public-private partnership (P3) projects at Tweed New Haven Airport (HVN) in Connecticut and the Manassas Regional Airport (HEF) in Virginia. Avports has historically managed and operated a portfolio of airport operations and maintenance (O&M) and public-private partnership (P3/PPP) contracts at more than 30 US airports. These airports have diverse operations, encompassing commercial and general aviation airports, passenger terminals, joint-use airports, heliports, NASA facilities, and spaceports. The company is working to integrate electric aviation, hydrogen fuel cells, and zero-emission decarbonization concepts in existing airport environments. In 2018, Goldman Sachs acquired Avports through its infrastructure investment fund, West Street Infrastructure Partners III (WSIP III). Since then, Goldman Sachs has been committed to helping the company expand current operations, as well as expanding its offerings, in particular helping Avports go from being a third-party operator to a truly redevelopment-focused business. Job Summary Support accurate, timely, and compliant accounting operations for airport operations within a private equity–owned environment. Responsible for maintaining Accounts Payable and Accounts Receivable subledger activity, ensuring the integrity of financial transactions, strong internal controls, and reliable cash flow management. Requires analytical judgment, process oversight, and collaboration with internal and external stakeholders to support month‑end close, audit readiness, and continuous process improvement. Minimum high school diploma/equivalent, undergraduate degree preferred and three (3) years of progressive accounting experience, with preference for experience in operations‑heavy or asset‑intensive environments such as airports, transportation, infrastructure, or logistics. Ideal candidate demonstrates a strong understanding of accounting fundamentals and GAAP and proficiency with ERP and payment systems (such as Yardi, Bill.com, NetSuite, Oracle, or SAP). Requires independent judgment, accountability for financial processes, and consistent adherence to internal controls and reporting standards. Position is exempt, and regular, full-time reporting to the Controller. Primary work is on-site and based in Northern Virgina (Dulles/Herndon). Must be authorized to work in the U.S. without sponsorship, meet corporate and airport access requirements, and be able to travel domestically and internationally including occasional overnight stays. Essential Job Functions Accounts Payable (AP) • Maintain the Accounts Payable subledger end‑to‑end for airport operations within a private equity–owned environment., • Review, analyze, and approve vendor invoices to ensure accuracy, proper coding, and compliance with GAAP, company policies, and internal controls., • Execute and oversee vendor payment processing (ACH, wire, and checks), including payment timing and cash flow considerations., • Maintain and oversee vendor master data, W‑9 compliance, and payment setup governance., • Resolve complex vendor issues and escalated payment discrepancies requiring professional judgment., • Monitor AP aging trends and recommend actions to support cash management objectives., • Investigates and resolves discrepancies in billings and collections or payments., • Reconcile the AP subledger to the general ledger monthly and evaluate variances., • Prepare and review AP‑related accruals and close entries., • Maintain the Accounts Receivable subledger, ensuring accurate billing, collections, and revenue‑related activity., • Oversee customer invoicing processes to ensure contractual compliance and billing accuracy., • Analyze customer credit history, determines credit risk, and recommends credit limits and payment terms., • Review cash application activity and resolve complex unapplied or disputed transactions., • Generate reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management., • Analyze AR aging trends and partner with internal stakeholders to mitigate collection risk., • Ensure accurate and timely revenue recognition support tied to AR activity., • Reconcile the AR subledger to the general ledger monthly and prepare supporting analyses., • Support revenue‑related journal entries and close activities, • Act as a point of contact for AR audit inquiries and customer documentation., • Coordinate payment timing and contribute to cash flow planning., • Exercise independent judgment in resolving accounting issues and prioritizing deliverables., • Assist senior team members in any internal initiative or requirement., • Accept ownership and accountability, consistently delivering accurate, high-quality results with a sense of urgency, • Collaborate effectively with cross-functional teams and corporate stakeholders, • Operate with integrity and compliance, adhering to internal policies and applicable aviation regulations, • Manage multiple priorities effectively in a fast-paced, dynamic environment, • High attention to detail, sound judgment, and conscientiousness in all work, • Communicate timelines, expectations, and progress clearly, • Make timely decisions when options are clear, escalating appropriately for higher risk or ambiguity, • Support team continuity and knowledge sharing, • Seek, receive, and apply constructive feedback to support ongoing development Education & Experience • Minimum high school diploma/equivalent; associate or bachelor’s degree in accounting, finance, or related field preferred., • Strong understanding of accounts payable, accounts receivable, and subledger‑to‑general ledger accounting principles., • Working knowledge of GAAP, internal controls, and audit requirements within a compliance‑driven environment., • Ability to analyze accounting transactions, identify variances, and ensure accurate financial reporting., • Proficiency with ERP and payment systems (e.g., Yardi, Bill.com) and intermediate level Excel‑based reporting skills., • Specialized accounting knowledge, analytical decision‑making, and responsibility for the integrity and confidentiality of financial data and accounting processes., • Demonstrate sound professional judgment when reviewing transactions, resolving discrepancies, and addressing escalated issues., • Capable of independently evaluating exceptions, identifying root causes, and determining appropriate resolutions., • Effectively manage multiple priorities and deadlines in a high volume, fast paced environment. Demonstrate strong attention to detail and accuracy in all work products., • Able to work independently while maintaining consistent follow-through on deliverables., • Experience in airport operations, aviation services, or regulated environments., • Exposure to private equity–backed companies or fast-paced growth environments., • Intermediate Excel skills (pivot tables, VLOOKUP/XLOOKUP)., • Primarily office-based, with occasional domestic travel (~10% per year), • Employees must reside within reasonable commuting distance of the primary work location., • Ability to sit or stand at a workstation for extended periods., • Requires visual acuity, hearing, and speaking ability to communicate effectively., • Regular use of hands and fingers to operate computer equipment and office devices., • Occasionally lifts or moves objects up to 25 pounds., • Must be able to navigate office environments and operational sites as needed., • Flexible to support occasional extended hours., • While office work is sedentary, tasks at operational sites require mobility, including standing, walking, bending, kneeling, stooping, and crouching. The Company 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, the Company. 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. The physical demands described here are representative of those that must be met by a team member to successfully perform the essential functions of this job. Work Authorization & Travel Requirements • Must be authorized to work in the United States without sponsorship, • Must be eligible to travel domestically, including occasional overnight stays We are an equal opportunity employer and are committed to providing a workplace free from discrimination. We do not discriminate based on race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, veteran status, or any other characteristic protected under applicable federal, state, or local law. We provide reasonable accommodation to qualified individuals with disabilities and encourage applications from all qualified candidates. Compensation and Benefits Overview Benefits may include: • Medical, Dental, and Vision Plans, • Health Savings and Flexible Spending Accounts, • Short and Long-Term Disability Insurance options, • Life and Accidental Death and Dismemberment Insurance Plan options, • Supplemental Insurance Plan options, • 401(k) Profit-Sharing Retirement Plan, • Vacation and Sick Leave, • Paid Company Holidays, • Discretionary Bonus, • Professional development resources