Director Transaction Accounting
About the Role
As Director of Transaction Accounting – Solstice Advanced Materials, you will lead and oversee a global team supporting high-volume transactional services, including Accounts Payable, Travel and Entertainment (T&E) expense, and Cash Application operations. You will play a key role in delivering timely, compliant, and high-quality service to internal stakeholders, vendors, and customers. This role requires partnering with Procurement, Customer Service, IT, Finance, and third-party partners to streamline processes, implement best practices, and enhance efficiency and accuracy across global teams. The position is based in Morris Plains, NJ, with a hybrid work schedule and reports directly to the Chief Accounting Officer.
Responsibilities
- Lead and oversee global Accounts Payable, T&E, and Cash Application operations across 20+ countries.
- Manage a team of over 20 individuals across multiple locations and time zones.
- Monitor and implement Key Performance Indicators (KPIs) to measure performance and identify improvement areas.
- Partner with cross-functional teams to streamline processes and implement best practices.
- Ensure compliance with country-specific regulatory requirements.
- Implement procedures for reviewing and responding to AP and T&E inquiries, providing high-quality support.
- Identify and resolve root causes of issues, proposing corrective actions.
- Manage relationships with global service providers, system partners, and banking partners.
- Document and maintain processes to support internal controls and knowledge transfer.
- Collaborate with cross-functional teams for general ledger activities, journal entries, and business reporting.
- Lead initiatives to drive process efficiency, including evaluating and implementing AI tools.
Qualifications
- 10+ years of experience in global transactional services, with 5+ years leading teams in these functions.
- Bachelor's degree in Accounting or a related field.
- Proven experience leading and empowering teams, driving performance through coaching and strategic prioritization.
- Hands-on experience with Accounts Payable operations, including invoice and payment processing.
- Strong knowledge of regulations and tax laws in multiple countries.
- Attention to detail and strong analytical, problem-solving, communication, and interpersonal skills.
Preferred Skills
- Experience with SAP General Ledger, AP, and Vendor Management, as well as Concur T&E system.
- Ability to work in a fast-paced, global environment and support multiple time zones.
- Willingness to travel up to 10%.
Pay
The annual base salary range for this position is $199,887 - $249,270. This range serves as a general guideline, and actual offers consider factors such as scope of responsibilities, experience, education, skills, market conditions, and business needs. This position is incentive plan eligible.
Benefits
- Employer-subsidized Medical, Dental, Vision, and Life Insurance.
- Short-Term and Long-Term Disability.
- 401(k) match, Flexible Spending Accounts, Health Savings Accounts, EAP, and Educational Assistance.
- Parental Leave, Paid Time Off (vacation, personal, sick, and parental leave), and 12 Paid Holidays.
About Solstice Advanced Materials
Solstice Advanced Materials is a global specialty materials leader, advancing science for smarter outcomes. With high-performance solutions in refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging, and more, Solstice serves over 3,000 customers in 120+ countries. Supported by 5,700+ patents and approximately 4,000 employees worldwide, Solstice drives innovation through renowned brands like Solstice®, Genetron®, Aclar®, Spectra®, Fluka™, and Hydranal™.