Jobs · Finance · Illinois

Sr. Manager, Finance - Shared Services

Verano · Chicago, IL · 1 mo ago
FinanceFull-time

Job Summary

About the role

The Senior Manager, Finance Shared Services is a strategic and hands-on operational leader responsible for overseeing end-to-end Accounts Payable (AP) and Accounts Receivable (AR) processes within a Shared Services organization.

Responsibilities

  • Serve as the senior escalation point for complex AP disputes (invoice discrepancies, PO mismatches, payment holds) and AR issues (unapplied cash, short payments, credit disputes, aging exceptions).
  • Design and implement a formal issue resolution framework with defined SLAs, escalation tiers, root-cause analysis protocols, and corrective action tracking.
  • Collaborate with business partners such as procurement, legal, sales, and operations teams to resolve upstream process failures that result in transactional errors.
  • Own and govern master data accuracy across AP and AR modules within the ERP system (SAP) and other systems, including vendor master, customer master, and transactional records.
  • Establish and enforce data quality standards, naming conventions, and audit controls to ensure completeness, accuracy, and timeliness of shared services data.
  • Lead the identification, evaluation, and implementation of automation opportunities across AP and AR workflows, including invoice capture (OCR/AI), electronic payments, cash application, and collections automation.
  • Apply Lean, Six Sigma, or other process improvement methodologies to identify waste, eliminate non-value-added activities, and streamline AP/AR workflows.
  • Build and execute a structured Continuous Improvement (CI) pipeline with documented initiatives, owners, timelines, and measurable KPI targets.
  • Lead, mentor, and develop a high-performing team of AP and AR specialists, analysts, and supervisors; foster an inclusive, accountable, and results-driven culture.
  • Design and enforce internal control procedures across AP (three-way match, segregation of duties, payment approvals) and AR (credit approvals, collections policy, cash handling).
  • Maintain detailed process documentation, SOPs, and desktop procedures for all SSC functions.

Requirements

  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field required.
  • 8–12+ years of progressive experience in Finance, Accounting, or Shared Services operations.
  • Minimum 4–6 years in a leadership or management role within a Shared Services environment.
  • Deep, hands-on expertise in both Accounts Payable and Accounts Receivable end-to-end processes.
  • Demonstrated experience leading process automation, ERP implementation, or digital transformation projects.

Qualifications

  • Proven track record of managing data governance and master data quality initiatives.
  • Advanced proficiency in ERP systems — SAP (S/4HANA) or similar.
  • Experience with AP automation platforms (like SAP Ariba, Stampli, Tipalti, Coupa, Basware) and AR tools (like HighRadius, Billtrust, Cforia).

Skills

  • Data governance and master data quality.
  • ERP systems (SAP).
  • AP automation platforms (SAP Ariba, Stampli, Tipalti, Coupa, Basware).
  • AR tools (HighRadius, Billtrust, Cforia).

Benefits

Verano Base Pay Range $120,000 - $140,000 + Bonus Actual pay is based on experience, qualifications, and location of the role. Roles may be eligible for annual bonus program based on individual and company performance. Benefits: Medical, dental, and vision insurance 401(k) matching Paid holidays Paid time off Product discounts

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