Accounting Manager, Payment Operations

About Versapay 🚀Versapay turns accounts receivable (AR) into a competitive advantage.Inefficient AR processes slow cash flow and stall growth. Versapay removes friction, unlocks working capital, and accelerates momentum — giving finance leaders the clarity and control they need to drive business forward.Versapay automates accounts receivable, removing barriers to collecting and reconciling B2B payments. Our solutions connect finance teams, customers, and business systems in one ecosystem to ensure cash flow clarity. With over 10,000 customers and 5M+ companies transacting on the platform, Versapay processes over 110M transactions and $257B annually.Think you might be the next Veep to join? Read on!!We are seeking a highly analytical Accounting Operations Manager to lead accounting‑focused settlement, cash, and reconciliation activities within the Payment Operations organization. This role is responsible for ensuring the accuracy, completeness, and integrity of payment‑related accounting activity, while maintaining strong internal controls, audit readiness, and disciplined financial processes.This position serves as a critical extension of the Accounting function, embedded within Payment Operations to provide deep financial oversight of settlement flows, cash movements, receivables, and exceptions. The ideal candidate brings strong accounting fundamentals, excellent analytical judgment, and a passion for transforming complex, manual processes into scalable, well‑controlled accounting operations.

Key Responsibilities:

• Accounting Ownership of Payment Operations:
• Own the accounting integrity of payment settlement activities across ACH, card, wire, and alternative payment methods.
• Ensure payment activity is accurately recorded, classified, and supported in accordance with accounting policies and internal control standards.
• Serve as the primary accounting partner to Payment Operations, providing guidance on treatment of exceptions, returns, chargebacks, timing differences, and complex settlement scenarios.
• Apply accounting judgment to resolve ambiguous or non‑standard settlement and cash‑flow issues.
• Close, Reconciliation & Financial Integrity:
• Lead daily and monthly reconciliations between payment platforms, ERP systems, bank accounts, and trust accounts.
• Ensure all payment‑related balances are fully supported, reconciled, and prepared for month‑end close.
• Oversee preparation and review of settlement‑related journal entries, reconciliations, and supporting analyses.
• Investigate variances and discrepancies, identify root causes, and implement corrective actions to prevent recurrence.
• Maintain clear, audit‑ready documentation supporting balances, reconciliations, and accounting conclusions.
• Controls, SOX & Audit Support:
• Ensure payment‑related accounting processes operate within a strong internal control framework, including SOX‑relevant controls.
• Review and approve control evidence, reconciliations, and close documentation prepared by the team.
• Partner closely with Controllership, Internal Audit, and external auditors to support audits, walkthroughs, and testing.
• Identify control gaps or accounting risks within payment processes and lead remediation efforts.
• Analytical Problem Solving & Process Transformation:
• Analyze end‑to‑end payment and settlement workflows from an accounting perspective to identify inefficiencies, risks, and control weaknesses.
• Lead initiatives to simplify and standardize accounting treatment, reduce manual adjustments, and improve reconciliation quality.
• Drive automation and system improvements that strengthen accounting accuracy, transparency, and scalability.
• Partner with Product and Engineering teams to ensure system design supports proper accounting outcomes and control requirements.
• Establish and maintain clear, accounting‑aligned SOPs for payment and settlement processes.
• Leadership & Cross‑Functional Partnership:
• Lead, coach, and develop a team of accounting and settlement professionals, emphasizing analytical thinking, accountability, and control awareness.
• Serve as the escalation point for complex accounting issues related to payments and cash.
• Communicate accounting implications and conclusions clearly to Finance, Payment Operations, and senior leadership.
• Balance operational efficiency with accounting rigor and audit defensibility.

Qualifications:

• Bachelor’s degree in Accounting or Finance required.
• CPA or equivalent professional certification strongly preferred.
• Experience & Profile
• 7+ years of progressive experience in accounting, accounting operations, or financial services.
• Big 4 public accounting firm experience preferred, particularly audit or advisory work involving cash, revenue, or operational accounting.
• Experience supporting month‑end close, reconciliations, and audit processes in controlled environments.
• Demonstrated ability to apply accounting judgment to complex, high‑volume transaction flows.
• Experience partnering with operational teams while maintaining accounting independence and rigor.

Core Capabilities:

• Strong technical accounting foundation with excellent analytical and problem‑solving skills.
• Ability to investigate complex data flows, identify root causes, and develop sound accounting conclusions.
• Comfort operating in ambiguous environments where accounting guidance must be applied thoughtfully.
• Proven ability to improve accounting processes through simplification, standardization, and automation.
• Clear, confident communicator capable of explaining accounting outcomes to non‑accounting stakeholders.
• High attention to detail paired with a process‑improvement mindset.

Value & Leadership Expectations:

• Model company values by acting with integrity, fostering inclusion, and delivering superior performance through disciplined accounting practices, strong controls, and continuous improvement.

$110,000 - $120,000 a year#LI-RemoteWe are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.