Vice President – Invoice to Cash

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

📋 Description

• Direct the Accounts Receivable, Cash Applications, and Requestor Management teams, consisting of around 50 personnel.

• Take ownership of enterprise-wide accounts receivable outcomes, with a direct focus on reducing DSO and managing past-due aging.

• Participate in weekly aging assessments, analyze top delinquent accounts, and address high-risk customer situations.

• Establish and implement daily, weekly, and monthly operational rhythms for collections.

• Identify, monitor, and manage key performance indicators such as DSO, aging mix, Collection Effectiveness Index, dispute cycle time, and billing precision.

• Enhance collections, improve billing accuracy, streamline cash application, and refine dispute workflows.

• Advance and develop requestor management and data integrity processes, including management of sales tax-exempt requestors.

• Collaborate with R&D to create AR/collections modules within the platform.

• Supervise daily cash application processes across ACH, wire transfers, lockbox, credit cards, checks, and electronic payment systems.

• Ensure the timely and accurate posting of customer and requestor payments to the accounts receivable ledger.

• Establish and uphold internal controls for processing cash receipts.

• Lead the deployment and enhancement of AI-driven cash application tools and/or robotic process automation.

• Work alongside the Controller, SVP of Finance, and VP of FP&A.

• Carry out additional duties as assigned and promote the core values of Verisma.

⛳️ Requirements

• 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 highly preferred.

• Demonstrated ability to lead and develop large, multi-functional teams with a data-driven approach.

• 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

• Competitive salary and performance-based incentives.

• Comprehensive health, dental, and vision insurance.

• Retirement savings plans with employer matching contributions.

• Generous paid time off and holiday schedule.

• Opportunities for professional development and career advancement.