Director of Finance Shared Services

Group O, Inc.; Milan (IL); Hybrid; USD 100,000 - 115,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Matching

Paid Time Off

Paid Holidays

Career Development

Job summary

Group O, Inc. in Milan, IL is seeking a Director of Finance Shared Services to oversee accounts payable, cash application, collections, expense management, master data, and payroll across business units and corporate finance.

This role leads the Finance Shared Services team, standardizes processes, develops KPIs, and partners with audit and cross-functional groups to drive efficiency, cost savings, and accurate financial reporting.

Qualifications

• Bachelor’s degree in Accounting or Finance or equivalent experience.
• 8+ years progressive experience in a dynamic Accounting/Finance environment.
• 5+ years successful supervisory experience and 5+ years accounting software, advanced MS Excel skills.

Responsibilities

• Oversee Finance Shared Services daily operations.
• Supervise and develop employees and manage workload balance.
• Maintain configurations of ERP system and ensure efficient processing.
• Lead payroll processing and month-end activities.

Skills

Supervisory experience

MS Excel

Dynamics 365

Analytical thinking

Problem solving

Team management

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Dynamics 365

ERP systems

Job description

Position Title: Director of Finance Shared Services

Location: Milan, IL (4905)

Department: Finance

Workplace Type: Hybrid

Reporting To: Suerrette Franck

Compensation: $100,000 - $115,000 / year

Director of Finance Shared Services

The Director of Finance Shared Services is responsible for overseeing accounts payable, cash application, collections, expense management, master data management and payroll functions for all Group O business units as well as corporate finance. The Director leads the “Finance Shared Services” team, who support the critical day to day transaction processing of vendor invoices, payments and inquiries, customer invoicing and payment application, customer inquiries and collections activities, vendor and customer maintenance, payroll processing, journal entries and reconciliations. The Director will continually seek to identify and implement best practices and centralized processes to support these functional areas, with support from the Shared Services AP/AR Manager and Accounting and Payroll Manager, and ensure the team is using the ERP in a consistent and efficient manner.

Key Responsibilities

Essential Functions:

• Oversee Finance Shared Services daily operations
  • Supervise and develop employees
  • Manage workload balance between employees
  • Monitor compliance with internal and external requirements
  • Maintain configurations of Enterprise Resource Planning (ERP) system
• Oversee critical accounting functions
  • Accounts payable invoicing, inquiries and research
  • Vendor payment processing (checks, ACH, wires)
  • Accounts receivable invoicing for certain business units
  • Customer inquiries and payment application
  • Accounts receivables credit and collections activities
  • Master data setup and maintenance – vendors, customers and general ledger
  • Expense management for company credit cards and employee reimbursements
  • Consolidated cash and bank management and reconciliationsCorporate finance month end activities, forecasting and consolidation
  • Payroll processing
• Establish best practices and standardize centralized processes
  • Identify the optimal team structure to support each of the Shared Services functional areas
  • Assess productivity of existing processes and identify opportunities to enhance value
  • Facilitate training for employees on process, work instructions and ERP
  • Assist in maintaining department process flows and work instructions
• Develop and support opportunities for improved performance, cost-savings, and efficiency
  • Establish departmental goals aligning with company vision and strategy
  • Establish Service Level Agreements (SLA’s) and/or Key Performance Indicators (KPI’s)
  • Monitor and report out on performance against SLA’s and KPI’s
  • Support ERP phased implementation for Finance Shared Services functional areas
• Effectively communicate and collaborate cross-functionally to ensure proper workflow and adherence to standard operating procedures and policies
• Support the external audit and review process as needed

Secondary Functions:

• Special Projects as assigned
• Other duties as assigned

Job Qualifications

Education/Certifications:

• Bachelor’s degree in Accounting or Finance or equivalent experience

Experience:

• 8+ years progressive experience in a dynamic Accounting/Finance environment
• 5+ years successful supervisory experience5+ years accounting software, advanced MS Excel skills

Skills and Qualifications:

• Microsoft Dynamics 365 fundamentals training
• Advanced user of D365 system
• Strong organization skills
• Strong verbal and written communication skills
• Ability to build work instructions and process flows
• Team management skills
• Critical thinking and analytical skills
• Problem solving ability
• Ability to travel if required

Preferred Skills and Qualifications:

• Cost control (measurement and reporting)
• Leadership and employee development
• Ability to identify and lead change initiatives
• Ability to present information to executive leadership, clients, suppliers, peers and employees
• Self-motivated
• Strong attention to detail
• Ability to work with and meet deadlines
• Broad knowledge of functional Accounting
• Strong business acumen

Physical Requirements: N/A

Benefits

• Medical, Dental, Vision, and Life Insurance
• Flexible Spending Accounts (Medical and Dependent Care)
• 401(k) Plan with Company Match
• Generous Paid Time Off
• 10.5 Paid Holidays
• Career Development Opportunities

About Group O

At Group O, it’s our employees who we value most. That’s why we provide a supportive environment where employees are given every opportunity to excel. Group O offers a wide variety of careers with room for professional growth and advancement, and we are always looking for motivated individuals to join our team. At Group O, our employees’ health and well-being is equally as important as the work they perform. We back up that philosophy by providing a competitive benefits package that supports now and for their future.

In 1974, Bob Ontiveros saw an opportunity to live the American dream and build a company for himself and his family. 50 years later, the packaging company he originally founded out of the back of his station wagon - Group O is ranked by the United States Hispanic Chamber of Commerce as one of the top five Latino-owned businesses in the country. Group O has gained prestige for helping Fortune 500 companies like Samsung, Michelin, Caterpillar, and PepsiCo turn their most complex business challenges into centers of profitability and efficiency. Headquartered in Milan, IL, Group O employs over 1,200 employees.

Group O is committed to providing equal employment opportunities to all employees and applicants for employment. We prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, and sexual orientation. If you require accommodations to participate in the job application process, please contact [e-mail], we will work with you to meet your needs. Information provided by applicants will be treated with the utmost confidentiality. We respect your privacy and will handle your application data in accordance with our privacy policy.

Equal employment opportunity, including veterans and individuals with disabilities.

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