Director, Accounts Payable
A Day in Life
This role is responsible for leading the Accounts Payable processes Globally. This will involve directing the day-to-day Accounts Payable shared services operations and outsourced teams, ensuring effective and efficient delivery of services with accurate and timely performance measurement and compliance support.
Responsibilities
- Direct the day-to-day shared services Accounts Payable process Globally
- Ensure efficient and effective delivery of services
- Serve as the senior escalation point to resolve Accounts Payable service delivery issues
- Drive root cause analysis and continuous improvement activities to eliminate exceptions and deliver to committed service levels
- Coach direct reports and third-party service providers to address more complex issues/exceptions
- Manage the delivery of service and automation efficiencies from outsourced partners in line with agreed Service Level Agreements
- Ensure processes are in place which cater to current state initiatives or requirements. Partner with finance leadership to ensure excellent communication and feedback mechanisms exist for customers
- Define and sustain Service Level agreements
- Build relationships with key stakeholders to ensure Accounts Payable services are aligned with business objectives
- Direct Accounts Payable activities to ensure they align with legal, country and business unit requirements
- Promote an understanding of approved process standards
- Document and drive standardization of Accounts Payable processes
- Sustain a close relationship with Strategic Sourcing to deliver process excellence across the Accounts Payable operations
- Partner with Technology & Procurement in the execution of applicable Accounts Payable system and process harmonization
- Ensure integrity of internal controls
- Support statutory compliance including preparation for internal and external audits
- Provide oversight and support for responses to and remediation of audit findings, as required
- Provide oversight and drive timely remediation of any identified unintended issues attributable to current system design, settings or processes
- Manage Accounts Payable team to ensure that the team has the required resources and competencies to deliver the current and future Accounts Payable requirements
- Ensure team receives the appropriate training and development to deliver effectively in their roles
- Ensure development of appropriate competencies and resource availability to meet the changing shared service operation needs
Qualifications
- Bachelor’s degree in finance, Accounting, or similar field preferred
- CPA or CPA Candidate preferred
- 5+ years’ experience in Shared Services processes
- 2+ years of management experience in Shared Services processes
- Payables experience preferred
- Proven ability to build relationships and networks with multiple functions and at the leadership levels
- Extensive knowledge of PO and invoice processing in a high-volume environment
- Experience with Oracle iProcurement & Oracle AP highly desirable
- Large Scale Project implementation experience
- Proven ability to successfully develop and lead teams
- Comprehensive understanding of PO & AP processes and Accounts Payable technologies
- Strong Collaborative Skills, Positive Attitude, High Energy
- Strong leadership & analytical capabilities
Benefits
The actual salary will be determined based on years of relevant work experience. Up to 40% off the base rate of any standard Hertz Rental, Paid Time Off, Medical, Dental & Vision plan options, Retirement programs, including 401(k) employer matching, Paid Parental Leave & Adoption Assistance, Employee Assistance Program for employees & family, Educational Reimbursement & Discounts, Voluntary Insurance Programs - Pet, Legal/Identity Theft, Critical Illness, Perks & Discounts –Theme Park Tickets, Gym Discounts & more.