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We're working with a High-Growth Commercial Consumer Services Firm. They are seeking a Strategically driven professional within their Corporate team to be a lead within the Company. This role is a Director of Accounting & Working Capital to join the Accounting team and report to the CAO. This leader will own day-to-day working capital operations across Order-to-Cash (Accounts Receivable, invoicing, collections) and Procure-to-Pay (Accounts Payable and payment operations), with additional responsibility for Travel & Expense (T&E). This is a hands-on, high-impact role for someone who can stabilize execution while driving process improvement. A key near-term priority is to clean up a broken invoicing process—tightening workflows, controls, and cross-functional handoffs to improve billing accuracy and accelerate cash collection.
Responsibilities: Lead working capital strategy and execution across AR and AP, ensuring scalable, controlled processes. Manage and develop an AR Manager and an AP Manager; set priorities, expectations, and performance metrics. Own and improve the invoicing process, including: Diagnosing root causes (process gaps, system limitations, data issues, unclear approvals/ownership) Redesigning workflows to reduce errors, rework, and billing delays Improving invoice accuracy, timeliness, and cash application where applicable Drive AR performance: collections cadence, dispute resolution, aging management, and cash forecasting inputs. Oversee Procure-to-Pay execution: invoice intake, matching/approvals, payment runs, vendor issue resolution, and cycle-time improvement. Own/oversee T&E administration, including policy compliance and process efficiency. Establish KPIs and operating routines (e.g., DSO, past due %, unapplied cash, billing cycle time, AP aging, vendor cycle time). Partner cross-functionally (Finance/FP&A, Operations, Sales, Procurement, Systems/IT) to improve upstream inputs that affect billing and payables. Ensure appropriate documentation, controls, and compliance for core processes.
Skills/Qualifications: Bachelor's Degree in Accounting is a plus 12+ years accounting experience out of Manufacturing, Service Companies, or Distributions or Oil & Gas Industry also a plus Experience leading working capital operations within Accounting/Finance, with strong exposure to both AR and AP. Proven people leadership experience, ideally managing leaders (e.g., managers/supervisors). Experience with Order-to-Cash and Procure-to-Pay best practices, controls, and metrics.

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Level

Manager L7

Location

Austin, TX

Occupation

Treasurers and Controllers

Industry

Other Accounting Services

Posted

2 days ago

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