Director PTP GPO/North America AP Operations Leader
- USA
- $143,000-150,000 per year
- Permanent
- Full-time
- Ensures timely dissemination and effective communication of departmental goals and objectives, internally within the department, with other company organizations
- Consults with business leaders on functional and operational processes, challenges and related issues and trends, as well as on project plans designed to improve efficiency and effectiveness.
- Analyzes AP program metrics, including Trends and emerging patterns, Resolution strategies and their effectiveness, Costs incurred, and costs saved, Areas of success, Areas of concern.
- Develop strategies to head off potential issues and ensure these are included in AP strategy and tactic development (using standardization, automation, digitization and AI).
- Partners across Finance and with key business stakeholders to optimize upstream and downstream processes and improve efficiencies.
- Serve as a trusted advisor from a process analysis and improvement perspective.
- Translate strategic objectives into clear, actionable steps at the local and regional level
- Ensure planning incorporates data and information from customers, distributor partners and the corporation's perspectives
- Leverage data-driven insights to recommend, implement and continuously improve task / project management and delivery methodology
- Lead and manage the end-to-end AP process, master data management and T&E processing
- Oversee month-end and year-end close activities related to AP.
- Implement process improvements to optimize payment cycles and minimize errors.
- Maintain positive vendor relationships and resolve payment discrepancies promptly.
- Serve as a business partner to cross-functional teams, including Procurement, Sales, and Legal.
- Oversee the maintenance and optimization of AP/AR systems and software, ensuring data integrity and accuracy.
- Oversee end-to-end Accounts Payable operations across multiple regions and business units (Sales, Service, Manufacturing).
- Manage AP Shared Services teams and offshore GBS teams to ensure timely and accurate invoice processing, payment execution, and issue resolution.
- Develop, Own and monitor key AP KPIs including Days Payable Outstanding (DPO), invoice cycle time, on-time payments, and discount capture, such as:
- Days Payable Outstanding (DPO)
- Invoice Cycle Time (PO and Non-PO)
- % of Touchless Invoices
- Cost Per Invoice
- Vendor Satisfaction Score
- Compliance Audit Findings (Zero Tolerance)
- Support internal and external audits and ensure robust audit trails and compliance documentation.
- Partner with Procurement & Sales to align supplier onboarding, payment terms, and strategic sourcing initiatives.
- Coach and develop AP team leaders, build talent pipelines, and foster a high-performance team culture.
- Bachelor's Degree or equivalent work experience required.
- Typically has 10-12 years of experience in Accounts Payable and Receivable and 4-6 years leadership experience.
- Industry experience with manufacturing and service organizations greater than 1 billion dollars in revenue. Banking or Financial background preferred
- Strong leadership, team management, and team building skills.
- Excellent analytical and problem-solving skills.
- Experience with ERP systems and advanced data analysis tools, Oracle is preferred.
- Exposure to Lean concepts and principles
- Experience working with 3rd party service providers
- Detail oriented, organized, and able to work in ambiguous environments.
- Strong communication and interpersonal skills.
- Ability to 25 to 50%
- Health, Dental, and Vision Insurance
- Life Insurance
- Critical illness, Accident, and Hospital Indemnity Insurance
- 401(k) Savings Plan
- Health Savings Account
- Leave of Absence Benefits
- Paid Time Off