A Compliance Manager tracks employer compliance with laws and regulations, particularly for organizations in business and health care. Creates company policies, reviews departmental functions and protocol, follows developments in law and regulations affecting the industry
Senior Director Financial Operations / Compliance Downers Grove, IL $180,000 — $230,000 Posted 2 weeks ago Downers Grove, IL 60515, USA Sr. Director, Financial Operations (AR & AP)
Salary:
$180,000-$230,000 + Bonus Our client is seeking a Sr. Director, Financial Operations (AR & AP) to lead enterprise-wide Accounts Receivable and Accounts Payable operations for a large, growing distribution organization. This highly visible leadership role offers the opportunity to drive operational excellence, improve working capital performance, and lead a major finance transformation initiative focused on process optimization, automation, and systems modernization. Why Consider This Opportunity as the Sr. Director, Financial Operations? High-visibility role with direct exposure to executive leadership Opportunity to lead a significant AR modernization and AP optimization initiative Stable, growing organization with strong leadership support Ability to make a measurable impact on cash flow, working capital, and operational performance Collaborative culture focused on continuous improvement and innovation Opportunity to build and shape a best-in-class finance operations function Unlimited PTO and competitive benefits package Key Responsibilities for the Sr. Director, Financial Operations Lead end-to-end Accounts Receivable and Accounts Payable operations, including invoicing, collections, cash application, credit management, vendor management, invoice processing, and disbursements Ensure accurate, timely, and controlled execution of financial operations in support of month-end close and financial reporting Establish and monitor service level agreements (SLAs), KPIs, and performance dashboards across AR and AP functions Drive working capital initiatives, including DSO improvement, cash application effectiveness, and payables optimization Maintain strong internal controls, SOX compliance, and audit readiness Assess current-state processes and implement improvements to increase efficiency, scalability, and operational effectiveness Standardize and document financial processes across multiple business units and locations Optimize Oracle Cloud functionality and adoption within Accounts Payable operations Develop and execute a roadmap for Accounts Receivable systems modernization and integration Partner with IT and business leaders to enhance automation, reporting, workflow management, and data quality Lead, develop, and mentor finance operations teams while driving a culture of accountability and continuous improvement Qualifications for the Sr. Director, Financial Operations Bachelor's degree in Accounting, Finance, or related field; CPA or MBA preferred 10+ years of finance/accounting operations leadership with ownership of AR and AP Experience in complex B2B distribution, manufacturing, or logistics environments Proven success leading process improvements, systems transformations, and operational change Strong ERP expertise, including Oracle Cloud; legacy system modernization experience preferred Strong working capital, cash flow, and internal controls experience Demonstrated leadership, communication, and team development skills Ability to drive strategic initiatives while ensuring operational excellence #LI-PO1 #
