Director, Working Capital & Cash Flow Optimization

Coda Search│Staffing; Irving (TX); On-site; USD 150,000 - 230,000; Full time

Job summary

Coda Search Staffing is partnering with a high-growth commercial consumer services firm seeking a Director of Working Capital to lead the Accounting team's AR/AP, invoicing, and T&E functions. This hands-on role reports to the Chief Accounting Officer and focuses on stabilizing execution while driving process improvements to accelerate cash flow.

Responsibilities include setting strategy for AR and AP, managing AR/AP managers, redesigning invoicing workflows, improving billing accuracy, and

Qualifications

• Bachelor's Degree in Accounting is required.
• 12+ years accounting experience in Public Accounting, Manufacturing, Service Companies, or Distributions.
• CPA preferred.
• Experience leading working capital operations within Accounting/Finance, with AR and AP exposure.
• 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.
• Very Strong knowledge of U.S. GAAP, Technical Accounting, and Revenue Recognition is a plus.

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

Leadership

Cross-functional collaboration

Process improvement

Financial analysis

Education

Bachelor's Degree in Accounting

CPA preferred

Job description

Coda Search Staffing is partnering with a high-growth commercial consumer services firm seeking a Director of Working Capital to lead the Accounting team's AR/AP, invoicing, and T&E functions. This hands-on role reports to the Chief Accounting Officer and focuses on stabilizing execution while driving process improvements to accelerate cash flow.

Responsibilities include setting strategy for AR and AP, managing AR/AP managers, redesigning invoicing workflows, improving billing accuracy, and