Director of Financial Shared Services (AP & AR)
Nextech

Job Info

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Overview

Join the best in the industry at Nextech and embark on a rewarding career journey! For over 30 years, we've built our success on a foundation of Quality, Value, and Integrity, fostering enduring partnerships with thousands of satisfied customers. With over 2,000 team members nationwide, Nextech sets itself apart from other companies by being America's largest HVAC/R service provider.

As we continue to grow, we're committed to offering an exceptional work experience for our employees with numerous opportunities for development and advancement. If you pride yourself on quality work, integrity, and dedication, we want you on our team. Nextech boasts outstanding review ratings on Indeed and Glassdoor, making it the premier destination for HVAC professionals. Elevate your career by joining Nextech today!

Role:

Director of Financial Shared Services oversees the end-to-end management of Accounts Payable (AP) and Accounts Receivable (AR), ensuring efficiency, accuracy, and continuous improvement in financial processing. This role is essential for streamlining processes, ensuring robust internal controls, and providing exceptional service to all stakeholders. The Director of Financial Shared Services will lead a team of AP and AR professionals, leverage technology to optimize workflows, and collaborate with Finance, Procurement, Sales, and IT to align shared services with broader business goals.

Benefits:

• Excellent Health Insurance options including a FREE employee only option
• Dental, Vision, Accident, Critical Illness, Disability and Supplemental Life Insurance options
• FREE life insurance equal to your annualized pay rate
• 401k with a 50% match up to the first 6% of your contributions
• 7 paid Holidays
• 2 paid Personal days
• 10 paid Vacation days

Min CompensationUSD $140,000.00/Yr. Max CompensationUSD $160,000.00/Yr. Responsibilities

• Develops and implements a comprehensive strategy for shared services, encompassing Accounts Receivable (AR) and Accounts Payable (AP), ensuring alignment with the organization's overall objectives and financial goals
• Provides leadership and direction to the day-to-day operations of our shared services functions (AP & AR), ensuring timely and accurate processing of financial transactions and compliance with relevant regulations
• Leads, mentors, and develops a high-performing team of AP & AR professionals, fostering a culture of accountability, continuous improvement, and collaboration
• Monitors and reports on KPIs and SLAs, driving performance improvements in efficiency, accuracy, and timelines
• Evaluates and improves the quality, accuracy and consistency of internal processes and team performance, promoting a culture of continuous improvement and professional growth
• Establishes key performance indicators (KPIs) for AP & AR shared services functions, ensuring accountability and regular reporting on service effectiveness and efficiency
• Ensures accurate, timely processing of all AP and AR transactions in compliance with company policies, accounting standards, and regulatory requirements
• Oversees month-end and year-end closing processes for AP and AR, ensuring financial data is reconciled and reported appropriately
• Advocates for and oversees the implementation of technology solutions that streamline financial processes, enhance data accuracy, and improve user experience
• Manages organizational change initiatives related to the implementation and enhancement of AP & AR shared services, ensuring successful transitions and stakeholder engagement
• Collaborates with business unit leaders and external partners to ensure shared services meet the needs of the organization and drive business success
• Acts as the main point of contact for escalations, resolving complex issues related to vendor payments, customer billing, collections, or cash application
• Monitors cash flow related to accounts payable and accounts receivable, providing timely and accurate forecasts to senior management
• Develops and oversees the budget for shared services, ensuring efficient resource allocation and cost management
• Upholds Company policies and procedures
• Other related job duties as assigned

Supervisory Responsibility:

Delivers value-added results by effectively delegating tasks, managing performance, and training and developing employees in the following positions:

• Accounts Payable (AP) Manager
• Accounts Receivable (AR) Manager

Qualifications
Required Knowledge, Skills, and Abilities:

• Excellent verbal and written communication skills
• Exceptional attention to detail and excellent organizational skills
• Strong leadership and team management skills, with the ability to motivate and develop teams
• Analytical mindset with the ability to use data to drive decision-making and process improvements
• Ability to work in a fast-paced, dynamic environment with competing priorities
• Proven ability to build relationships and collaborate effectively across departments and with external partners
• Proficient in project management methodologies and tools, with a track record of successful implementation of process improvements
• Strong analytical and problem-solving skills with a focus on data-driven decision-making
• Familiarity with ERP systems, payroll software, and other financial technology platforms used in shared services environments
• Proficient in Microsoft Office including advanced skills in Excel
• Ability to coordinate, contribute to and work within a cross-functional team
• Ability to thrive in a dynamic and fast-paced environment
• Able to prioritize duties and manage multiple projects from start to finish with minimal supervision
• Must possess the ability to take initiative to complete assignments and job responsibilities with minimal supervision

Education and Experience:

• Bachelor's degree from an accredited university in Finance, Accounting, Business Administration, or a related field (or equivalent experience)
• 10+ years of experience in finance operations, shared services, or transactional accounting (AP/AR), with at least 5 years in a leadership role
• Knowledge of Lean/Six Sigma methodologies and experience leading process improvement initiatives preferred
• Experience with automation and digital transformation projects within financial operations preferred
• Previous experience in HVAC Industry or other service business preferred

Physical requirements:

• Continuously able to work in office environment
• Continuously able to operate a computer and other office productivity machinery, such as a copy machine, telephone, and computer printer
• Continuously able to sit at a computer for up to 8 hours
• Able to alternate between sitting and standing, as needed throughout the day
• Occasionally able to lift up to 15 lbs.
• Continuously requires vision, hearing, twisting, and talking
• Occasionally requires walking, lifting, carrying, reaching, kneeling, pushing/pulling, bending, and crouching
• Rarely requires climbing

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