ICBD · 1 week ago
Vice President of Accounts Payable
ICBD is a robust single-family office focused on private investment and business development, supporting exceptional companies in healthcare, technology, and beyond. The Vice President of Accounts Payable is responsible for end-to-end AP strategy, execution, controls, and scalability across a complex, multi-entity healthcare services platform, ensuring accuracy, timeliness, compliance, and discipline at scale.
AccountingConsultingHuman ResourcesInformation TechnologyMarketing
Responsibilities
Own enterprise-wide AP strategy, operating model, and roadmap across all entities
Standardize AP policies, procedures, approval matrices, and controls
Design a scalable AP organization capable of supporting rapid growth and M&A
Serve as executive owner of AP performance, risk, and compliance
Oversee all invoice intake, coding, approvals, and payment execution (ACH, wire, check, virtual card)
Ensure strong segregation of duties, payment controls, and fraud-prevention mechanisms
Own AP clearing accounts, accrual accuracy, and balance-sheet integrity
Partner with Accounting to support a disciplined, fast close process
Ensure accurate vendor setup, documentation, tax compliance (W-9s, 1099s), and contract alignment
Coordinate with Procurement and Legal to ensure payments align with executed agreements and pricing terms
Resolve escalated vendor disputes and payment issues
Partner with Treasury and FP&A to optimize payment timing, cash forecasting, and working capital
Drive discipline around payment terms, early-pay discounts, and disbursement prioritization
Provide AP insights to support liquidity planning and cash burn management
Own AP system architecture and workflow design (ERP, OCR, invoice automation, approvals)
Lead AP automation initiatives to reduce manual processing and error rates
Drive continuous improvement using metrics, root-cause analysis, and lean processes
Deliver executive-level AP reporting, KPIs, and aging analytics
Serve as AP lead for audits, diligence requests, and internal control reviews
Ensure AP compliance with internal policies, regulatory standards, and audit expectations
Build, mentor, and lead a high-performing AP leadership team
Establish clear performance standards, accountability, and career development paths
Foster a culture of ownership, urgency, accuracy, and service orientation
Qualification
Required
Bachelor's degree in Accounting, Finance, Business, or related field required
12+ years of progressive AP, accounting, or finance operations experience
5+ years in senior leadership managing large, multi-entity AP organizations
Demonstrated success scaling AP in high-growth or acquisitive organizations
Deep expertise in AP operations, controls, and best practices
Strong understanding of accounting principles and balance-sheet management
Executive-level communication and stakeholder management skills
High judgment, attention to detail, and risk awareness
Proven ability to drive change, standardization, and operational discipline
Preferred
Experience in healthcare, multi-location services, or PE-backed environments strongly preferred
Experience with ERP systems and AP automation tools (NetSuite preferred)
Benefits
21 paid days off (15 days of PTO, which increases with tenure, plus 6 holidays)
Flexible Spending Account (FSA) and Health Savings Account (HSA) options
Medical, dental, vision, long-term disability, and life insurance
Generous 401(k) with up to 6% employer match
Company
ICBD
As a robust single family office, ICBD invests in companies and initiatives that disrupt industries, enhance communities, and sustain profitability.
Funding
Current Stage
Late StageLeadership Team
Recent News
The Philadelphia Inquirer
2025-10-11
Behavioral Health Business
2023-12-24
Company data provided by crunchbase