Overview
This role involves leadership, direction, and delivery of Accounts Payable services across the organization. Responsibilities span both regional operations and Shared Service Centers. The Director, Global Accounts Payable is responsible for cash flow management and optimizing Accounts Payable processes, ensuring timely vendor invoice payments, maintaining accurate records, and providing control reporting.
The role also leads the implementation and maintenance of procure-to-pay audit controls within each region and drives continuous process improvement through technology, automation, and standardization.
This position is open to be filled virtually in the United States, with preference to be filled in the Midwest.
Responsibilities
Supervision and Training (30%)
- Lead performance of the Accounts Payable team, including development, training, recruitment, and terminations
- Mentor Accounts Payable Managers to achieve organizational goals, financial controls, and core values
- Achieve production goals and monitor accuracy via audits and use of organizational financial databases
- Develop team capability and succession planning
Process Improvements and Daily Production (40%)
- Lead development and continuous improvement of Accounts Payable processes, focusing on reducing processing cost through automation, elimination of touch points, and process simplification
- Maintain and improve intercompany communications, invoice processing, and payments to support lower cost to serve
- Develop, implement, and maintain systems, procedures, and policies to ensure adherence to organizational guidelines and controls
- Monitor and manage organizational cash flow to ensure adequate funds for operational needs
- Collaborate with Procurement and other departments to optimize vendor relationships and payment terms
- Manage the organization’s Corporate Procurement Card program
- Lead and direct business initiatives supporting growth, profitability, and the control environment
- Maintain IRS compliance on T&E reporting, 1099 reporting, and W-9 support
- Ensure local government and audit requirements are achieved in all regions for Accounts Payable
- Demonstrate technical expertise on system automations and collaborate with IT for system enhancements and production issues
- Ensure the performance standards of an outsourced Accounts Payable team
- Own Global T&E reporting systems and processes
Special Projects (30%)
- Work with internal and external auditors on SOX compliance, controls, and year-end audits
- Maintain integrity on vendor attestation, duplicate payment controls, and accuracy of the vendor database
- Support Treasury and Accounting on securitization audits and cash flow
- Lead continuous improvement initiatives targeting improved department efficiencies to reduce risk and costs
- Expand and standardize T&E reporting application and process across multiple regions
Requirements
- Excellent Microsoft Office skills (especially Excel and PowerPoint), with strong analytical, communication, and database skills
- Extensive finance and accounting experience and audit/internal control knowledge (prior related history is a plus)
- Strong ability to drive change in a growing and changing business environment
- Ability to work effectively in stressful situations and solve complex business problems
- Track record improving/optimizing processes, overseeing financial controls, and managing working capital and cash flow requirements
- Ability to work and collaborate cross-functionally within and outside of Finance
- Leadership and talent development experience to build a high-performing team and culture
- Bachelor’s degree in business, accounting, finance, or related field
- Management experience required
Compensation & Benefits
- Salary range: $120,000–$150,000 USD
- Benefits: Comprehensive benefits package including Medical, Dental, Vision, 401(k), FSA/HSA, Employer HSA Match, Life & Disability Insurance, Paid Time Off, Volunteer Time Off, ID Theft Protection Plan, and more
- Benefits are based on employment status and may not be available for temporary or non full-time employees.
- Salary ranges may vary based on location, market conditions, and other factors such as experience and qualifications. Final compensation is determined during the hiring process.
- For positions available outside the United States, salaries will take into account local currency and market conditions, which may differ from the USD salary range.
Additional Information
- Artificial intelligence tools may be used to assist with administrative tasks such as notetaking and advanced candidate searches during recruitment. All screening, assessment, and hiring decisions are made by human recruiters and hiring managers.
- This posting reflects an existing vacancy within the organization.