Director of Financial Operations

About Us

Midwest Veterinary Supply, Inc. (MVS) has provided quality service and merchandise to the veterinary profession since 1961. Our products are distributed from eight branches located in key geographic locations within our trade area. We take great pride in getting our orders out the same day as called in and having the product in the customer's hand the next day. MVS carries products and equipment from most major manufacturers. As we continue to grow, our goal will be, as it has always been, to provide the veterinary profession the very best in service along with quality merchandise at fair and competitive prices.

Responsibilities

• Oversee the accounts payable process, including invoice processing, payment administration, vendor management, and expense controls. Ensure timely and accurate vendor payments and strong supplier relationships. Implement controls and procedures that improve compliance, accuracy, and efficiency.
• Manage vendor onboarding and governance processes.
• Oversee the accounts receivable process, including customer account management, collections, and cash application processes. Drive improvements in cash collections and reductions in Days Sales Outstanding (DSO). Partner with sales to resolve disputes and improve collection outcomes. Ensure effective credit and collections policies and procedures.
• Lead, develop, coach, and retain high-performing members of the AP and AR teams. Establish performance standards, accountability measures, and development plans. Foster a culture of continuous improvement, service excellence, and operational discipline.
• Lead organizational change initiatives related to process improvement and technology adoption.
• Serve as the primary relationship manager with the Company's bank related to treasury management services. Manage employee access to online treasury services.
• Monitor cash collections, disbursements, and working capital trends to improve cash flow forecasting and maintain compliance with financing agreements.
• Evaluate and recommend banking products and treasury services that enhance efficiency, improve controls, reduce costs, and mitigate risk.
• Oversee and manage relationships with key AR and AP service providers, including merchant services, credit monitoring, collection agencies, and other outsourced service providers. Establish service level expectations and key performance indicators and monitor performance against agreed-upon standards. Ensure service providers meet the Company’s requirements related to controls, compliance, cybersecurity, data protection, and business continuity.
• Lead initiatives to increase electronic payment adoption, automate cash application, improve vendor payment methods, and enhance overall cash management capabilities.
• Support the CFO in evaluating strategic opportunities related to treasury management, payment technologies, banking relationships, and financial operations transformation.
• Perform other duties as assigned.

Supervisory Responsibilities

• Supervision of Accounts Payable and Accounts Receivable teams.

Requirements

• Bachelor’s degree in accounting, finance or related field.
• MBA, CPA or other advanced certification preferred.
• Minimum of 8-10 years of progressive AP/AR, shared services, or broader accounting and/or finance operations experience.
• 5+ years of leadership experience managing large AP, AR or shared services teams.
• Experience in a business that manages inventory across multiple locations, preferably in a B2B environment with a high volume of customers.

Skills

• Ability to read and interpret documents such as safety rules, employment policies, operating instructions, and procedural manuals.
• Excellent leadership, communication, and change-management skills.
• Demonstrated success leading a process transformation – implementing automation, new systems or significant redesign in AP and/or AR.
• Experience managing banking relationships and treasury/cash management functions related to AR/AP.
• Experience with ERP systems and AP/AR automation tools.
• Strong understanding of internal controls and segregation of duties.
• Demonstrated ability to train, mentor, and develop personnel.
• Advanced skills in using Microsoft Excel, including pivot tables.
• Knowledgeable in using Microsoft Outlook, Word, Teams, and Copilot.
• Strong analytical, organizational, and problem-solving skills.
• Ability to effectively work with others throughout the organization.
• Must be flexible, open-minded, self-motivated and able to work independently.
• Excellent English communication skills, including reading, writing, and verbal communication.

Schedule

This role will be hybrid out of our Lakeville, MN Corporate office: 3 days per week in office and 2 days remote. Work is typically performed Monday through Friday. Working more than 40 hours per workweek may be required.

Benefits

• Competitive pay and a comprehensive benefits package including Medical, Dental and Vision insurance.
• Life and Accidental Death & Dismemberment (AD&D) insurance.
• Short- and Long-Term Disability insurance.
• 401k plan.
• Paid holidays and Paid Time Off (PTO).
• Business casual work environment with weekly relaxed dress days, monthly breakfasts and birthday celebrations.
• Regular events like holiday contests, cookouts, and employee appreciation celebrations.