Vice President, Invoice to Cash

This is a fully remote position, open to applicants in United States.

📋 Description

• Lead hands-on accounts receivable operations and take ownership of Days Sales Outstanding (DSO) as the primary focus, with cash applications and requestor management as secondary responsibilities.

• Assume full accountability for enterprise-wide accounts receivable (AR) performance, specifically targeting DSO reduction and managing past-due aging.

• Actively participate in weekly aging reviews, analyze top delinquent accounts, and address high-risk customer situations.

• Develop and enforce structured collections operating rhythms with a focus on daily, weekly, and monthly execution timelines.

• Define, monitor, and manage key performance indicators (KPIs) such as DSO, aging mix, Collection Effectiveness Index (CEI), dispute cycle time, and billing accuracy.

• Drive hands-on enhancements in collections, billing accuracy, cash application, and dispute workflows, ensuring that improvements are integrated into daily operations rather than just documented policies.

• Enhance and develop the requestor management/data integrity process and team, including oversight of sales tax-exempt requestors.

• Collaborate with the R&D team to design accounts receivable and collections modules within our platform.

• Supervise daily cash application processes across all payment channels, including ACH, wire transfers, lockbox, credit cards, checks, and electronic payment platforms.

• Guarantee timely and accurate posting of customer and requestor payments to accounts receivable.

• Establish and uphold robust internal controls for cash receipt processing.

• Lead the deployment and enhancement of cash application technologies, including AI-driven tools and/or robotic process automation (RPA).

• Work collaboratively with peers including the Controller, SVP of Finance, and VP of FP&A as a key leader within the finance organization.

• Execute additional duties as assigned to promote effective department and company operations.

• Uphold and advocate for Verisma Core Values.

⛳️ Requirements

• A Bachelor's degree in Accounting, Finance, or Business is required.

• 12-15+ years of progressive experience in managing Order/Invoice to Cash, Accounts Receivable, Collections, or Finance.

• CPA is strongly preferred.

• Demonstrated ability to lead and cultivate large, multi-functional teams with a focus on data-driven decision making.

• Experience in Release of Information, Revenue Cycle, Record Retrieval, or Healthcare is preferred.

• Technically skilled in data analysis tools such as Advanced Excel, Power BI, SQL, etc.

• Willingness to travel 5 to 10% of the time.

🏝️ Benefits

• Comprehensive benefits package including health, dental, and vision insurance.

• Competitive salary with performance bonuses.

• Opportunities for professional development and career advancement.

• Flexible working hours and remote work options.

• Supportive work culture that values diversity and inclusion.