Vaco by Highspring · 2 hours ago
Shared Services Director - Accounts Payable
Vaco by Highspring is seeking a Shared Services Director - Accounts Payable to lead and optimize the Accounts Payable function within their Shared Services organization. The role involves overseeing AP operations, ensuring compliance, and driving process excellence while managing a team and collaborating with various stakeholders.
Responsibilities
Lead, mentor, and develop the Accounts Payable team to ensure effective performance, high engagement, and professional growth
Oversee staffing, resource planning, and workload distribution to maintain timely and accurate AP processing
Foster a collaborative, service-oriented culture across the Shared Services team
Manage end-to-end AP processes including invoice entry, validation, approvals, payment runs, and vendor inquiries
Ensure timely and accurate disbursements while maintaining strong relationships with internal departments and suppliers
Monitor KPIs (e.g., invoice turnaround time, accuracy rates, aging) and implement continuous improvement initiatives
Develop, maintain, and enforce strong internal controls to safeguard assets and ensure accuracy in financial transactions
Ensure AP processes align with corporate policies, SOX (if applicable), and audit requirements
Partner with internal and external auditors to provide documentation and support during audits
Oversee AP-related financial reporting, including month-end close activities, reconciliations, accruals, and variance analysis
Ensure accuracy of AP balances within the general ledger
Provide management with timely, actionable insights into trends and operational performance
Lead the AP technology strategy to drive automation, efficiency, and data accuracy
Partner with IT and system providers to implement upgrades, new tools, and workflow enhancements (e.g., OCR, AI, RPA)
Identify process bottlenecks and develop solutions to streamline operations across Shared Services
Serve as the primary point of contact for AP matters across the organization
Collaborate with Procurement, Treasury, Accounting, and business units to ensure seamless processes and alignment
Maintain strong vendor relationships and resolve escalations in a timely manner
Qualification
Required
Bachelor's degree in Accounting, Finance, Business Administration, or related field
8-12+ years of progressive AP or Shared Services experience with at least 5 years in leadership roles
Strong experience with AP automation tools, ERP systems, and digital workflow platforms
Expertise in AP operations, internal controls, and financial reporting
Proven ability to lead teams, manage change, and drive operational excellence
Strong analytical and problem-solving skills with a continuous improvement mindset
Excellent communication, stakeholder management, and vendor negotiation skills
Benefits
Discretionary bonuses
Medical, dental, and vision benefits
401(k) retirement plan
Company
Vaco by Highspring
Vaco is the Talent Solutions division of Highspring, a leading global professional services organization.
Funding
Current Stage
Late StageCompany data provided by crunchbase