Director of Global Invoicing & Payment Processing
RadNet · Los Angeles, CA · 1 mo ago
On-siteOTHR$170k–$210k/yrFull-time
With decades of expertise, RadNet is leading radiology forward, delivering quality, value, and access in 21st-century healthcare. As Director of Global Invoice and Payment Processing, you’ll align patients, providers, payors, and regulators to achieve the best clinical outcomes in a team-focused environment with dynamic cross-training and advancement opportunities.
Responsibilities
- Strategic Leadership, Governance & SOX Compliance
- Provide strategic direction and oversight of the global accounts payable function, including invoice automation processing, vendor master data, vendor on-boarding, payment execution, and intercompany settlements.
- Design, implement, and maintain a robust internal control framework over AP processes in compliance with SOX, FAAP, and company policies.
- Own AP-related SOX controls, including control design, documentation, testing support, remediation, and ongoing monitoring.
- Act as primary AP liaison for Internal Audit, external auditors, and SOX advisors; ensure timely and effective audit responses.
- Ensure consistent application of AP policies and controls across subsidiaries.
- Serve as a key partner in month-end, quarter-end, and year-end close activities, including reconciliations and audit support.
- Operational Excellence & Financial Close
- Lead and continuously improve AP processes to increase efficiency, accuracy, and timeliness, leveraging automation and best practices.
- Oversee high-volume transaction processing through US and off-shore teams while maintaining service-level standards and strong vendor relationships.
- Monitor and manage global AP aging, vendor balances, and payment terms to optimize cash flow.
- Establish and track KPIs related to cycle time, invoice accuracy, exception rates, and audit findings.
- Ensure timely and accurate AP close activities, including accruals, reconciliations, cutoff procedures, and flux analysis.
- Proactively identify and resolve systemic issues impacting accuracy, efficiency, or compliance.
- Technology & Process Improvement
- Own AP systems and tools, including ERP and invoice automation platforms, in a controlled public-company environment.
- Identify opportunities to streamline workflows, reduce manual processes, and enhance data quality and reporting.
- Lead AP-related system implementations, upgrades, and integrations.
- Lead AP-related acquisitions on-boarding.
- Develop and track KPIs to measure performance, productivity, and control effectiveness.
- People Leadership
- Lead, coach, and develop a high-performing AP team, fostering accountability, collaboration, and professional growth.
- Establish clear roles, responsibilities, and performance expectations aligned with organizational goals.
- Build a strong control-conscious culture with clear roles, responsibilities, and escalation paths.
- Develop succession plans and ensure appropriate staffing models to support business growth and global scale.
- Cross-Functional Partnership
- Partner closely with Procurement to align vendor onboarding, contract compliance, three-way match controls, and purchase-to-pay alignment.
- Collaborate with Treasury on global payment execution, cash forecasting, banking relationships, and risk mitigation.
- Work with Tax, Finance, and Legal teams to support global indirect tax compliance, withholding requirements, and vendor documentation.
- Act as a trusted advisor to internal stakeholders and business leaders on AP policies, issue resolution, and process optimization.
Requirements
- Bachelor’s degree in Accounting, Finance, or related field.
- 10+ years of progressive accounts payable or accounting experience, including 5+ years in a leadership role.
- Demonstrated experience operating in a public company, SOX-regulated environment.
- Strong knowledge of AP processes, internal controls, audit requirements, and financial close processes.
- Experience managing global AP operations across multiple entities and currencies.
- Experience with large ERP systems.
- Proven ability to lead teams in a fast-paced, high-volume environment.
Preferred Skills and Experience
- Experience leading global shared services or outsourced AP models.
- Experience in a multi-entity or global organization.
- Background in AP automation and digital transformation initiatives.
- Solid understanding of SOX and internal control frameworks.
- Global mindset with strong operational focus and excellent execution skills.
- Process improvement and systems orientation.
- People leadership and change management.
- Attention to detail with the ability to see the big picture to maximize operational scale.
- Strong communication and stakeholder management.
Benefits
- Comprehensive Medical, Dental, and Vision coverages.
- Health Savings Accounts with employer funding.
- Wellness dollars.
- 401(k) Employer Match.
- Free services at any of our imaging centers for you and your immediate family.
Pay
$170,000.00 – $210,000.00 per year